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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
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
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. |
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
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
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. |
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. |
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. |
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
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. |
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. |
BusinessWeek
July 1, 2010
Caroline Winter |
Who Could Gain from a High-Court Ruling The Supreme Court's recent ruling will make it harder to battle white-collar crime. Which jailed execs stand to benefit? |
BusinessWeek
December 18, 2006 |
Corporate Justice Recent decisions in cases involving Enron, Computer Associates and WorldCom. |
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
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
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 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 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 13, 2005
Tim Beyers |
The Real Price of Spam A 30-year-old spammer is sentenced to nine years in prison. How will that compare to Bernie Ebbers' fate? He gets sentenced June 13 for an $11 billion fraud that bilked millions of investors. The feeling is that he won't be asked to serve nine years, let alone nine months. |
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. |
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. |
BusinessWeek
July 4, 2005
Mike France |
Courtroom Strategies On Trial Recent high-profile verdicts have prosecutors and defense attorneys rewriting their playbooks. |
BusinessWeek
January 24, 2005
Woellert & France |
Corporate Cases: Time To Cut A Deal? A new ruling could empower white collar defendants -- until Congress rewrites sentencing rules. |
CFO
January 1, 2005 |
Ten Questions for Barry Minkow An interview with the current head of the Fraud Discovery Institute who also served more than seven years in prison for the infamous ZZZZ Best scam. This month his new book, Cleaning Up, debuts. |
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 1, 2004
Rich Duprey |
Lawyers Add Salton Wounds George Foreman grill maker hit with class action lawsuits. |
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. |
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. |
The Motley Fool
June 29, 2009
Brian Richards |
Roundtable: Lessons From the Madoff Mess 71-year-old Ponzi scheme mastermind Bernard Madoff was given the maximum sentence for the 11 criminal counts to which he pleaded guilty: 150 years in jail. Motley Fool writers offer opinions on the lessons learned. |
The Motley Fool
March 4, 2004
Tim Beyers |
Staples Gets It The shareholder-friendly company sets an example for others. |
Reason
July 2002
Cathy Young |
License to Kill Men and women, crime and punishment. |
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... |
IndustryWeek
September 16, 2009
Jill Jusko |
Deviants as Innovation Drivers So-called rogue employees may instead be champions of change. |
The Motley Fool
November 12, 2004
Seth Jayson |
Drama Queen's Co. Gets New CEO Martha Stewart Living Omnimedia names a new CEO, but will the big cheese ever learn? |
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%. |
| 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... |
BusinessWeek
January 12, 2004 |
On Trial This year, the wheels of justice may catch up to some corporate movers and shakers. |
CFO
July 1, 2004
Joseph McCafferty |
Extreme Makeover How Robert Blakely and an army of accountants turned fraud-ridden WorldCom into squeaky-clean MCI. |
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? |
