The list just keeps growing of big companies spiraling in scandals because of shady bookkeeping and alleged misdeeds involving lavishly paid top executives: Enron, Tyco, Global Crossing, ImClone, Adelphia. And now WorldCom.

WorldCom Inc. wandered down the same crooked path many corporations took in the freewheeling days of the go-go '90s, according to those who closely follow accounting and investing. The experts don't know where it's leading, but they're virtually certain of one thing: There will be more.

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