At WorldCom, Yanney served on the board of directors' committee for executive compensation. He raised questions about the board's authority to pay more than $50 million in bonuses and stock options to Chief Executive Bernard Ebbers and soon resigned.
Oklahoma Attorney General Drew Edmondson stands in front of the Capitol building after announcing that criminal charges were filed against WorldCom and former CEOBernard Ebbers. Tulsa World file. Buy this photo. Posted: Saturday, August 27, 2016ÃÂ ...
Just as Jeffrey Skilling and Bernard Ebbers represent the worst of accounting frauds and Bernard Madoff represents the worst of Ponzi schemes, Rajaratnam represents the worst of illegal insider trading.
In 2005, Edmonton-born Bernard Ebbers, who as CEO of WorldCom Inc., oversaw the largest corporate fraud in U.S. history, was sentenced to 25 years in prison.
Weeping in court as he learned his fate, former WorldCom boss Bernard Ebbers was sentenced to 25 years in prison for leading the largest corporate fraud in U.S.
Weeping in court as he learned his fate, former WorldCom boss Bernard Ebbers was sentenced to 25 years in prison for leading the largest corporate fraud in U.S.
In 2005, Edmonton-born Bernard Ebbers, who as CEO of WorldCom Inc., oversaw the largest corporate fraud in U.S. history, was sentenced to 25 years in prison.
In the aftermath of the Enron collapse, accountants were being sent to jail for years while leaders like WorldCom chief Bernard Ebbers were being sent away for decades. The federal guidelines in a big public company fraud case could reach life without ...
Similarly, it was regulatory investigations of accounting frauds in the 1990s that eventually gave rise to the successful prosecutions of two previously well-regarded C.E.
Sitting in the telecommunications giant's headquarters outside Jackson, Mississippi, Satnick and his team were busy trying to sell its beeper business, SkyTel Communications, during the time that former CEOBernard Ebbers was arrested in the biggestÃÂ ...
Caldwell added that the legislation would make it far more difficult to prosecute corporate fraud on the scale of the behavior of WorldComCEOBernard Ebbers, who was convicted in 2005 and is now serving a 25-year prison sentence. Or, as another ...
We wish them well," WorldCom CEOBernard Ebbers said at the time. In 2003, MCI WorldCom was caught in one of the biggest accounting frauds in history, leading to its downfall and bankruptcy filing.
We wish them well," WorldCom CEOBernard Ebbers said at the time. In 2003, MCI WorldCom was caught in one of the biggest accounting frauds in history, leading to its downfall and bankruptcy filing.
We wish them well," WorldCom CEOBernard Ebbers said at the time. In 2003, MCI WorldCom was caught in one of the biggest accounting frauds in history, leading to its downfall and bankruptcy filing.
We wish them well," WorldCom CEOBernard Ebbers said at the time. In 2003, MCI WorldCom was caught in one of the biggest accounting frauds in history, leading to its downfall and bankruptcy filing.
We wish them well," WorldCom CEOBernard Ebbers said at the time. In 2003, MCI WorldCom was caught in one of the biggest accounting frauds in history, leading to its downfall and bankruptcy filing.
We wish them well," WorldCom CEOBernard Ebbers said at the time. In 2003, MCI WorldCom was caught in one of the biggest accounting frauds in history, leading to its downfall and bankruptcy filing.
We wish them well," WorldCom CEOBernard Ebbers said at the time. In 2003, MCI WorldCom was caught in one of the biggest accounting frauds in history, leading to its downfall and bankruptcy filing.
Highlights of Today in History: Julius Caesar assassinated in Rome; Johnson urges passage of Voting rights Act; WorldComCEOBernard Ebbers convicted of fraud; Elizabeth Taylor marries Richard Burton; "My Fair Lady" debuts on Broadway.
Kozlowski was considered one of the most notorious examples of corporate greed and accounting fraud in an era that locked up many CEOs, including WorldCom founder and chief executive Bernard ...
In 2004, Bernard Ebbers, the Edmonton-born co-founder of bankrupt WorldCom Inc. was charged with three counts of securities fraud relating to the firm's misstatement of US$11-billion in revenue and expenses to cover up a sagging long-distance telephoneÃÂ ...
Kozlowski was considered one of the most notorious examples of corporate greed and accounting fraud in an era that locked up many CEOs, including WorldCom founder and chief executive Bernard Ebbers, Enron CEO Jeffrey Skilling and AdelphiÃÂ ...
That includes some pretty stiff competition from male CEOs such as Kenneth Lay who oversaw the destruction of Enron, Bernard Ebbers, the former CEO of WorldCom, and Dick Fuld, whose tenure at Lehman Brothers not only resulted in the largestÃÂ ...
Former WorldCom boss Bernard Ebbers was sentenced to 25 years in prison for leading a massive corporate fraud. A fuel gauge aboard Discovery that mistakenly read full instead of empty forced NASA to call off the first shuttle launch in 2 1/2 years.
Former WorldCom boss Bernard Ebbers was sentenced to 25 years in prison for leading a massive corporate fraud. A fuel gauge aboard Discovery that mistakenly read full instead of empty forced NASA to call off the first shuttle launch in 2 1/2 years.
Former WorldCom boss Bernard Ebbers was sentenced to 25 years in prison for leading a massive corporate fraud. A fuel gauge aboard Discovery that mistakenly read full instead of empty forced NASA to call off the first shuttle launch in 2 1/2 years.
Former WorldCom boss Bernard Ebbers was sentenced to 25 years in prison for leading a massive corporate fraud. A fuel gauge aboard Discovery that mistakenly read full instead of empty forced NASA to call off the first shuttle launch in 2 1/2 years.
By that time, CEOBernard Ebbers had been ousted by the board, and CFO Scott Sullivan was tossed out as soon as the accounting improprieties came to light.
Johannesburg (AP) - A South African Cabinet minister who led the planning of the 2013 funeral of Nelson Mandela died in a car crash early Sunday, authorities said.
ADDS THAT RUSSIAN news agencies REPORTED THAT THE MEETING WAS HELD AT AN EARLIER DATE In this image supplied by the Presidential Press Service Russian president Vladimir Putin meets with the regional leader of Karelia in theÃÂ ...
In 2004, Bernard Ebbers, the Edmonton-born co-founder of bankrupt WorldCom Inc. was charged with three counts of securities fraud relating to the firm's misstatement of US$11-billion in revenue and expenses to cover up a sagging long-distance telephoneÃÂ ...
In 2004, Bernard Ebbers, the Edmonton-born co-founder of bankrupt WorldCom Inc. was charged with three counts of securities fraud relating to the firm's misstatement of US$11-billion in revenue and expenses to cover up a sagging long-distance telephoneÃÂ ...
Just as Kinder-Morgan (NYSE:KMI) is descended from Enron, so CenturyLink is descended in a way from Bernard Ebbers' old MCI, which is now part of Verizon (nyse:VZ).
