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InternetNews February 8, 2005 Tim Gray |
Sullivan: Two Sets of Books to 'Hit The Numbers' Prosecutors continue to hammer away at former WorldCom CEO Bernard Ebbers' fraud trial with testimony from finance chief Scott Sullivan. |
InternetNews February 7, 2005 Tim Gray |
Former WorldCom Exec Details Accounting Fraud During ongoing fraud trial, Scott Sullivan tells jurors that ex-CEO Bernard Ebbers encouraged him to cook the books at the telecom. |
InternetNews March 15, 2005 Tim Gray |
Ebbers Found Guilty Bernard Ebbers, former WorldCom CEO, is found guilty on fraud charges in connection with accounting scandal behind the collapse of Worldcom. |
InternetNews August 10, 2005 Tim Gray |
WorldCom Execs Face Sentencing Former execs learn how much time they will serve for their roles in the telecom's massive fraud. |
InternetNews January 26, 2005 Erin Joyce |
Ebbers' Fraud Trial Under Way Defense for former CEO of failed WorldCom seeks to point finger at others in accounting fraud trial. |
InternetNews August 11, 2005 Tim Gray |
WorldCom Finance Boss Gets Five Years The government's key witness in the biggest fraud scandal in history is spared a long sentence. |
InternetNews January 6, 2005 Colin C. Haley |
Report: WorldCom Class-Action Accord Near Former directors said to settle a suit stemming from accounting fraud for a total of $54 million. |
CFO February 2008 Katz & Homer |
WorldCom Whistle-blower Cynthia Cooper What Cynthia Cooper was feeling and thinking as she took the steps that, as it turned out, would change Corporate America. |
The Motley Fool March 15, 2005 Seth Jayson |
Big Bummer for Bernie "I didn't do it," doesn't work for ex-WorldCom czar Bernie Ebbers. He could get up to 85 years. |
The Motley Fool March 3, 2004 Bill Mann |
WorldCom's Ebbers Surrenders WorldCom's CFO finally gives up the goods on the top man in an $11 billion fraud case. |
InternetNews March 21, 2005 Tim Gray |
Tightening Honchos' White Collars The WorldCom verdict, along with legislation regulating on corporate accounting practices, has sent a clear signal to company bosses. |
The Motley Fool July 14, 2005 Tom Taulli |
Ebbers on CEO Death Row Ebbers gets no mercy: received a 25-year sentence (and there is no parole in the federal system). It's about time a clear message was sent. Hopefully, many CEOs will now think twice before engaging in illicit conduct. |
The Motley Fool June 28, 2005 Tim Beyers |
Ebbers: Killing 'Em Softly WorldCom's ex-CEO says his acts of kindness earn him a shorter sentence. Bernie may indeed have been a good buddy to some, but shareholders weren't on the list. |
CFO July 1, 2004 Joseph McCafferty |
Extreme Makeover How Robert Blakely and an army of accountants turned fraud-ridden WorldCom into squeaky-clean MCI. |
The Motley Fool April 20, 2004 Phil Wohl |
MCI Exits Bankruptcy Can the former telecommunications industry giant be competitive? |
The Motley Fool February 22, 2005 Philip Durell |
How You Can Profit from Bankruptcy Investors have earned over 50% in six months on bankruptcy survivor MCI. Here's how. |
The Motley Fool August 12, 2005 Rich Smith |
Sullivan Does the Electric Slide The WorldCom CFO gets off easy. His victims won't be so lucky. Yes, once caught, he helped the government catch a bigger fish -- and for that he got his deal. |
CFO September 1, 2002 Lori Calabro |
I Told You So To controversial securities litigator Bill Lerach, the current wave of corporate fraud scandals was both inevitable and preventable. |
The Motley Fool March 18, 2005 Rick Aristotle Munarriz |
A Fool Looks Back You say you want a TiVo-lution... And you think your kids want all of the expensive toys?... Weak end at Bernie's... |
Fast Company October 2003 Charles Fishman |
Thanks for Nothing Michael Capellas of MCI calls a press conference to announce not much at all. |
The Motley Fool January 18, 2005 Seth Jayson |
What's That Smell? Follow closely corporate scandal if you want to know where not to invest. Stay informed. Read the financials, especially the footnotes. |
CFO Alix Nyberg |
Executive Indictments Prosecutors looking to pin corporate scandals on the top dog often press other executives for information that could prove a case against the CEO in exchange for leniency for the informers. Finance chiefs facing criminal sentencing have traditionally jumped at the offer. |
InternetNews February 3, 2005 Colin C. Haley |
Qwest Said to Bid $6B For MCI The Baby Bell reportedly makes a $6 billion offer for the long-distance specialist, but Verizon is also interested. |
BusinessWeek February 6, 2006 Jane Sasseen |
White-Collar Crime: Who Does Time? Corporate criminals are punished more harshly today than in the '80s, but hands-off executives may still face better odds. |
Knowledge@Wharton |
Will WorldCom Rise Again? Is there any hope for WorldCom? The erstwhile telecommunications darling of Wall Street money managers seems to have lost its footing... |
The Motley Fool April 6, 2005 Bill Mann |
MCI: Show Me the Money How is it possible that MCI can claim that a bid that is 20% higher than Verizon's is inferior? Investors, read on. |
BusinessWeek April 11, 2005 Palmeri & Grow |
Why Qwest Can't Take No For An Answer MCI's board has accepted Verizon's bid over Quest Communications for the second time, but the fight isn't over yet. |
CFO May 1, 2005 Kris Frieswick |
What Does Your CEO Really Know? How much do chief executives know about company finances? We asked more than 300 CFOs to rate their boss's finance IQ. |
Salon.com July 13, 2002 Katharine Mieszkowski |
Capitalists without a clue Once all-seeing captains of industry, America's CEOs are now playing the Sgt. Schultz dumbo card, braying "I know no-thing, no-thing!" |
The Motley Fool June 15, 2004 Tim Beyers |
Break the Law, Earn $200K Former corporate crooks are sought after on the lecture circuit, with one, Walter Pavlo, poised to make nearly $200,000 for telling others about his malfeasance. |
The Motley Fool June 21, 2005 Seth Jayson |
Good Riddance to Bad Rigas Adelphia's Rigases engaged in a host of accounting frauds, including hiding debt and inflating margins by capitalizing costs that should have been expensed. The remaining bits of the firm will be acquired by Time-Warner and Comcast. |
The Motley Fool November 4, 2004 W.D. Crotty |
MCI's Real Value The company says its revenue is stabilizing. If so, a value stock is in the making. |
InternetNews June 15, 2005 Colin C. Haley |
Deephaven Wants to Deep-Six MCI-Verizon Qwest has said it's time to move on after MCI accepted a lower takeover offer from Verizon, but Deephaven Capital isn't ready to give up. |
The Motley Fool September 30, 2004 Rich Duprey |
MCI Gets Dumped An investment firm sells all of its shares after realizing a quick profit. |
InternetNews April 20, 2007 Michael Hickins |
'Justice is Served' to Nacchio Did the former Qwest CEO miss an opportunity to save himself some jail time? |
BusinessWeek August 11, 2003 Rosenbush & Haddad |
Commentary: MCI Is under a New Cloud, but It Can Weather the Storm While the allegations could slow down the timetable for getting out of bankruptcy, there's little chance that those plans will be derailed. |
BusinessWeek February 9, 2004 Charles Haddad |
MCI's Expert Repairman Has A Tough Assignment Michael Capellas has the credentials to save the former WorldCom, but this game may be unwinnable. |
BusinessWeek October 3, 2005 Brian Grow |
Commentary: Bring Fund Managers on Board Though known for voracious profit hunting, these smart-money gurus can bring considerable advantages to a corporate board of directors. |
BusinessWeek April 4, 2005 Michael J. Mandel |
A Few Bad Apples Spoil...Not Much Corporate scandals in the U.S. normally only impact a single company, and the U.S. regulatory system has been more than willing to deal with corporate excess and fraud. That's tough for other countries to match, especially those with entrenched elites controlling entire industries |
InternetNews March 31, 2005 Colin C. Haley |
Qwest Isn't Done Yet Qwest submits a third bid for MCI and chastises the network operator's board. |
CFO October 1, 2002 Julia Homer |
How Did We Get Here? Much of what happened in the 1990s also happened in the 1980s. Here's hoping we don't do it again. |
CFO February 1, 2006 Kate O'Sullivan |
The Best Defense In today's high-stakes legal environment, top white-collar attorneys are ready to defend the CFO. |
InternetNews April 25, 2005 Colin C. Haley |
Qwest For MCI Rewarded Qwest's $9.7B offer is one MCI can't refuse, but Verizon may not be done. |
CFO August 1, 2002 Andrew Osterland |
Pay for Nonperformance? Executive compensation practices won't change until accounting rules for options are fixed. |
InternetNews April 22, 2005 Colin C. Haley |
Qwest Ups Bid For MCI The regional carrier makes its 'best and final offer' of $9.7 billion for the network services provider. |
BusinessWeek February 28, 2005 David Henry |
Will Dividends Drive A Slew Of New Deals How do you make a $6.7 billion deal look like a $5.3 billion bargain for shareholders? A look at the prerequisite 2003 tax cut on dividend income, and fallout from Verizon's purchase of MCI and beyond. |
The Motley Fool September 29, 2004 Rich Smith |
MCI Picks a Fight, Wins Telecom wins the overturn of a four-year-old European Commission merger denial. |
CFO April 1, 2003 Julia Homer |
They ARE Out to Get You So far, relatively few executives have gone to jail for white-collar crimes. That may be about to change. |
The Motley Fool January 7, 2005 Bill Mann |
Are Corporate Directors Next Against the Wall? Worldcom's Directors settle a landmark case by paying out of pocket. Meanwhile, Walter Forbes skates. |
BusinessWeek January 31, 2005 Grow & Yang |
MCI's Capellas: "We're Not A Phone Company" CEO Michael D. Capellas is pushing MCI into tech services. Can he keep buyers at bay? |