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A three-vehicle accident Thursday afternoon caused two Maryland drivers to be sent to area hospitals. According to Anne Arundel County police, officers responded around 4:09 p.m. to a report of an accident on Route 100 eastbound and Magothy Bridge Road...
Sun StaffIf putting WorldCom Inc.'s head honcho Bernard J. Ebbers in prison for perhaps the rest of his life sends a message to Corporate America to clean up its act, legal experts say the lighter sentence handed down yesterday to his right-hand man, Scott...
Associated PressNEW YORK - A federal judge gave her blessing yesterday to a deal in which former WorldCom finance chief Scott Sullivan will forfeit his ornate $11 million Florida mansion and his retirement account to settle with investors who lost billions when the...
From Wire ReportsNEW YORK - A federal judge has denied a bid by former WorldCom CEO Bernard L. Ebbers for a new trial, paving the way for him to be sentenced today in the record $11 billion fraud. Ebbers had argued that the judge or prosecutors should have granted...
Tags: Prisons, Corporate Officers, Justice System, Trials, Lawyers
From Staff And Wire ReportsWorldCom Inc. teetered yesterday toward what would be the largest bankruptcy in U.S. history after shocking Wall Street -- and the White House -- with yet another corporate scandal: $3.8 billion in expenses hidden from investors. U.S. stocks plunged --...
Tribune staff reporterWorldCom Inc., the nation's No. 2 long-distance phone company, stunned already reeling investors late Tuesday by disclosing what may be the largest case of accounting deception in U.S. history -- a $3.8 billion sleight of hand designed to boost profits....
From Wire ReportsNEW YORK - Money, power and pressure combined to form a "perfect storm of corruption" that led former WorldCom Inc. chief executive Bernard J. Ebbers to commit an enormous fraud, a federal prosecutor said in closing arguments at Ebbers' fraud trial...
Bloomberg NewsNEW YORK - A federal jury ended its second day deliberating accounting-fraud charges against former WorldCom Inc. Chief Executive Officer Bernard J. Ebbers without reaching a verdict yesterday. Ebbers is accused of leading an $11 billion fraud that drove...
Jun 15, 2012 |Story| Baltimore Sun
Feb 21, 2006 |Story| Associated Press
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