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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 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 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. |
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. |
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. |
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 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. |
The Motley Fool February 28, 2005 Seth Jayson |
Ebbers: I Don't Know Nothin' WorldCom's ex-CEO claims he had no idea about the massive accounting fraud. The empire's last proxy statement is a stark lesson in the kind of abject corporate governance that any smart investor should avoid. |
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 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. |
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. |
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. |
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? |
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 April 20, 2004 Phil Wohl |
MCI Exits Bankruptcy Can the former telecommunications industry giant be competitive? |
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. |
InternetNews August 18, 2006 Michael Hickins |
One Down, One to Go For Cisco Cisco settled one shareholder lawsuit while another is still making its way through the system. |
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. |
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... |
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. |
BusinessWeek February 13, 2006 |
Defining the Role of Ethics Monitor Fraud can't be eliminated completely, says former SEC Chairman Richard Breeden. But it can be caught before the damage is done. |
BusinessWeek May 16, 2005 Brian Grow |
The Kings Of Class Actions Max Berger and Sean Coffey are riding high after making WorldCom's bankers pay up with a $65 million settlement in a class action lawsuit. |
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. |
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. |
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. |
InternetNews December 30, 2003 Colin Haley |
Verizon Agrees to Pay MCI $169M Settlement between telecoms over interconnection fees officially ends six years of legal wrangling. |
Knowledge@Wharton July 30, 2003 |
Has Sarbanes-Oxley Made a Dent in Corporate America's Armor? In the 12 months since it was signed by President Bush, the landmark Sarbanes-Oxley Act has caused U.S. companies to spend heavily on compliance, altered the culture of boardrooms and boosted the business of firms that offer ethics and compliance consulting. To what end? |
BusinessWeek January 24, 2005 Adrienne Carter |
What If Companies Fessed Up? Massachusetts' William Galvin is pushing for admissions of guilt in corporate fraud cases. |
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 April 21, 2004 Bill Mann |
Attack of the Killer Attorneys It's inevitable in every investor's career that he or she will hold a company that will attract class action lawsuits alleging some form of securities fraud. |
BusinessWeek February 27, 2006 Lorraine Woellert |
Fractured Class Actions Opting out of class settlements in hopes of winning more money are growing headache for companies. |
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. |
Investment Advisor February 2009 Elizabeth D. Festa |
Industry Hit by Class Actions The subprime/liquidity crisis has led to 97 federal securities class action filings in 2008. |
BusinessWeek January 12, 2004 |
On Trial This year, the wheels of justice may catch up to some corporate movers and shakers. |
Bank Systems & Technology April 1, 2005 Katherine Burger |
School for Scandal In banking, it's the CIOs and other technology executives who must figure out how to stretch limited IT resources to provide the documentation, transparency and accountability the new regulations demand. |
BusinessWeek September 17, 2009 Michael Orey |
Commentary: Do Shareholder Class Actions Make Sense? Not when they extract payments from innocent shareholders and let fraudsters off the hook. |
Fast Company October 2003 Charles Fishman |
Thanks for Nothing Michael Capellas of MCI calls a press conference to announce not much at all. |
Knowledge@Wharton June 18, 2003 |
Board Members Feeling the Heat of Public Scrutiny Should Bone Up on Finance, Accounting What you don't know can't hurt you. That old adage may be true some of the time, but not for people serving on boards of directors and audit committees in the wake of recent scandals that have tarnished the reputation of corporate America. |
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. |
Bank Director 1st Quarter 2009 Burnett & Gomperz |
The New and Emerging Fiduciary Duties of Corporate Directors Today, the public is outraged at Wall Street excesses and angered by revelations of executives who received hefty salaries and severance payments even as their companies dissolved. |
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 March 24, 2005 Colin C. Haley |
MCI, Qwest Return to The Table The decision to resume the exchange comes after Qwest CEO blasts MCI for stopping acquisition talks. |
IndustryWeek January 20, 2010 Jill Jusko |
Not a Financial Exec? It's not only financial executives who could benefit from an awareness of fraud risks in their organizations. |
CFO August 1, 2003 David Campbell |
Seeing Is Relieving Oil companies pressured to disclose payments to developing nations... IPO market limps back... Congress may ask CEOs to sign tax returns... investor relations visits Madison Avenue... a candid look inside the WorldCom fraud... etc. |
CFO July 1, 2004 |
Canary Chorus At least a dozen former finance executives are preparing to sing for prosecutors... NASA still hasn't found that $2 billion... CFOs on the move... |
Managed Care December 2005 |
Health Plan Medical Directors Doing Well Medical directors at health plans saw a 7.2% rise in mean direct compensation from 2003 to 2005. |
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. |
The Motley Fool September 30, 2004 Rich Duprey |
MCI Gets Dumped An investment firm sells all of its shares after realizing a quick profit. |
The Motley Fool July 22, 2004 Phil Wohl |
Ma Bell Means Business? AT&T focuses on declining business customers -- again. It reported second-quarter earnings that doubled the consensus estimate ($0.14 vs. $0.07 a share), yet shares dropped more than 2%. |
IndustryWeek September 1, 2006 John S. McClenahen |
Pay Model Hurts Corporate Image But surveys differ on whether executive pay is excessive. |