Extraordinary Circumstances: The Journey of a Corporate Whistleblower

Extraordinary Circumstances: The Journey of a Corporate Whistleblower

by Cynthia Cooper
     
 

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"Outstanding! This page-turning account of the WorldCom fiasco reads like a suspense novel. I was on the edge of my seat to the last page. ...This book should be required reading for leaders everywhere."
—Ken Blanchard, coauthor of The One Minute Manager

Available for the first time in paperback, Extraordinary Circumstances recounts Cooper's journey from

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Overview

"Outstanding! This page-turning account of the WorldCom fiasco reads like a suspense novel. I was on the edge of my seat to the last page. ...This book should be required reading for leaders everywhere."
—Ken Blanchard, coauthor of The One Minute Manager

Available for the first time in paperback, Extraordinary Circumstances recounts Cooper's journey from her close family upbringing in a small Mississippi town to being named one of Time's 2002 Persons of the Year. She provides a rare insider's glimpse into the spectacular rise and fall of WorldCom, a telecom titan, the darling of Wall Street, and a Cinderella story for Mississippi.

Extraordinary Circumstances makes it clear that the tone set at the top is critical to fostering an ethical environment in the workplace. Provocative, moving, and intensely personal, Extraordinary Circumstances is a wake-up call to corporate leaders and an intimate glimpse at a scandal that shook the business world.

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Editorial Reviews

From the Publisher
"…the book provides a compelling lesson in the importance of having "escape paths" for bad news, particularly in highly disciplined, hierarchical, compartmented organizations (read defense contractors, the military, police departments, etc.). Absent opportunities to correct problems while they are small, big problems tend to emerge...the book also offers instructive lessons in individual courage." (NationalJournal.com (expert blog); 12/30/08)

"This book presents a brilliant overview of the whistleblower process by describing both personal and business lessons. Extraordinary Circumstances presents relevant information and useful guidance for identifying conflicting incentives, opportunities and rationalizations that can result in fraud. The book is, by and large, well written and comprehensive in its coverage of events leading to the bankruptcy of WorldCom. (The International Journal of Accounting, 9/2008)

"…provides insight into an incredible corporate saga contrasting the influence of greed and moral weakness with principle behavior. It is an inspirational story of courage and character under immense pressure. (Journal of Corporate Accounting & Finance, July/August 2008)

"What Cooper experienced could be every internal auditor's nightmare - uncovering a scandal of such great proportions that an auditor's reputation, job security, and even personal safety is jeopardized. In my opinion, this book is a must-read not only for internal auditors, but also for anyone in the business environment. Cooper's account of a scandal that shook the business world is an eye-opener and helps explain today's regulatory and corporate environments." (FSA Times, July 2008)

"…offers a detailed, intimate, and fascinating account of the WorldCom debacle in Extraordinary Circumstances. While most readers already know the outcome of the story, Cooper's book is an absorbing and even suspenseful read." (BizEd Magazine, May/June 2008)

"Ms. Cooper tells a compelling story that most of us can relate to regarding how internal audit is sometimes viewed within organizations when confronting difficult ethical dilemmas. I had a difficult time putting it down." (Auditnet.org, May 2008)

"Extraordinary Circumstances details the struggle to get management to take internal audit seriously. The story of the investigation comes to life through Cynthia's words. I found myself drawn into the story. Congratulations, Cynthia, on a successful first book. And many thanks for being willing to stand up to the truth and fight to expose the WorldCom fraud." (bloggingstocks.com, 4/3/08)

"Cooper's story is personal and interesting…it's a cautionary tale for corporate executives. The book is an interesting story of how Cooper ended up as a major player in a very important business story." (TexaxLawyer.com, 3/31/08)

"Extraordinary Circumstances is a must read for anyone who wants to understand the dynamics of an accounting fraud. It tells the story of how that fraud was uncovered and of the ugly manipulation and deceit she encountered along the way." (Bloomberg.com, 2/28/08)

"…blow-by-blow detail is what makes Cooper's "Extraordinary Circumstances" well worth reading. Cooper's willingness to reveal her innermost thoughts as she dug makes for gripping reading." (BusinessWeek, February 25, 2008)

"...with the publication of her new book, Extraordinary Circumstances: The Journey of A Corporate Whistleblower, we finally get an inside account of what really happened at WorldCom. It's a powerful tale. Cooper's story has been partially told before, most notably in the Wall Street Journal and in a report prepared for WorldCom's board of directors. But her adventures at WorldCom come to life in this first-person account." (USA Today, February 15, 2008)

"Readers of Cooper's book, Extraordinary Circumstances: The Journey of a Corporate Whistleblower, will find it easy to identify with both the employees who manipulated the telecommunications giant's financial statements and those who caught them." (Reuters.com, February 7, 2008)

"...it's a fascinating study of the quantum changes in character that accompany the accumulation of unimaginable wealth as well as an uncomfortable reminder of how, faced with an ethical fork in the road, just how easy it is for some to take a wrong turn." (WebCPA.com, February 2008)

"This is a heroic, often exciting tale of a person who, in the course of doing her job, stumbles on a big lie and pushes on to get to the bottom of it." (CFO.com; 1/25/08)

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Product Details

ISBN-13:
9780470893371
Publisher:
Wiley
Publication date:
06/03/2010
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
416
Sales rank:
259,806
File size:
1 MB

What People are saying about this

From the Publisher
"Outstanding! This page-turning account of the WorldCom fiasco reads like a suspense novel. I was on the edge of my seat to the last page. When pressure to meet market expectations collided with Cynthia Cooper’s ethical values, she made the brave decision to do the job she’d been entrusted to do as an auditor. We need more leaders like Cynthia. If the free enterprise system is to survive, companies need to take corporate values and ethics checks seriously. This book should be required reading for leaders everywhere."
Ken Blanchard, co-author of The One Minute Manager and Self Leadership and Leading at a Higher Level

"Reading this book will help all business people prepare for their own Extraordinary Circumstances and give them the courage to act as Cynthia did."
Dennis R. Beresford; Former Chair of the Financial Accounting Standards Board, Former MCI Audit Committee Chair, Professor of Accounting at the University of GA

"An excellent read! In "Extraordinary Circumstances," Cynthia Cooper paints a picture of WorldCom’s journey down the slippery slope of corporate ethics. The message is uplifting and inspiring. This is a "must read" for those interested in establishing good governance and ethical values in their organization. This book will be required reading for our students."
Glenn E. Sumners, Director LSU Center for Internal Auditing

"Extraordinary Circumstances is a terrific read."
Joseph T. Wells, CFE, CPA, Founder and chairman Association of Certified Fraud Examiners

"Riveting!! What a story of courage and conviction . An absolute must read for anyone who believes in governance and a robust system of internal controls. A classic example of how , without controls, an organization will not survive. Cynthia is such a wonderful role model for those who are not afraid to go against the grain to do what is right."
Joel Kramer CPA, Managing Director, Internal Audit Division, MIS Training Institute

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