Ex-WorldCom CEO Ebbers Pleads Ignorance
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A jury on Wednesday heard a tape in which former WorldCom Inc. Chief Executive Bernard Ebbers dodged a stock analyst's question by explaining he had studied sports in college and could not speak to economics "with any credibility."
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The former finance chief of WorldCom Inc. testified on Tuesday that Bernard Ebbers, as CEO, had pressured him every quarter to meet Wall Street earnings estimates, repeatedly telling him "to hit the numbers."
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A Foolish chat with the laser equipment maker's CEO.
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For the governmentÂs star witness in its case against Bernard J. Ebbers, the former chief of WorldCom, last weekÂs court appearance may seem like a breeze compared with the cross-examination he faces this week.
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Two WorldCom Inc. accountants agreed  to cover up $800 million in expenses only after learning that  Chief Executive Bernard Ebbers refused to warn investors that  profits were worse than expected, they testified at Ebbers'  fraud trial on Wednesday.
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NEW YORK, Sept. 29 -- Federal prosecutors told a judge in a filing late Tuesday night that they have evidence that former WorldCom Inc. chief executive Bernard J. Ebbers knew company officials had improperly tinkered with the telecommunications firm's accounting to boost its publicly reported profits.
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A CEO reveals some horrible news.
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The Supreme Court rejected an appeal by Bernard J. Ebbers, the former WorldCom chief executive, who was convicted of orchestrating an $11 billion accounting fraud.
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NEW YORK -- A federal judge has delayed the trial of former WorldCom chief Bernard Ebbers until January 17th. The trial had been set to start November Ninth.
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The star witness against former WorldCom chief Bernard Ebbers was grilled by a defense lawyer yesterday about lies he told to investors, his own board of directors, and the US government.
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Former WorldCom Inc. chief Bernard Ebbers told "lie after lie after lie" about the telecommunications giant's crumbling finances to protect its stock price and his own personal wealth, a federal prosecutor said Tuesday in opening statements at Ebbers' fraud trial.
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Former Worldcom boss Bernie Ebbers says his ignorance of accounting meant he did not see the $11bn fraud that broke the company.
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WorldCom's former CEO Bernard Ebbers is scheduled to report to prison today to begin a 25-year sentence for his role in accounting misstatements that led to the company's bankruptcy.
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A possible 2001 merger between  WorldCom Inc. and Verizon Communications was scuttled by  internal concerns over accounting tricks at WorldCom, jurors in  the fraud trial of former WorldCom CEO Bernard Ebbers were told  on Thursday.
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A jury on Wednesday heard a tape in  which former WorldCom Inc. Chief Executive Bernard Ebbers  dodged a stock analyst's question by explaining he had studied  sports in college and could not speak to economics "with any  credibility."
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The former finance chief of WorldCom  Inc. testified on Tuesday that Bernard Ebbers, as CEO, had  pressured him every quarter to meet Wall Street earnings  estimates, repeatedly telling him "to hit the numbers."
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A Foolish chat with the tyke-set clothier's CEO.