WorldCom's Ebbers Fingered by Former Right-Hand Man
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Former WorldCom Inc. finance chief  Scott Sullivan began his long-awaited testimony on Monday by  implicating ex-CEO Bernard Ebbers in an $11 billion accounting  scandal that drove the telecommunications company into the  largest U.S. bankruptcy.
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The trial of former WorldCom Inc. chairman Bernard J. Ebbers gets underway this week, beginning a new round of courtroom confrontations over events that helped write the emphatic end to last decade's investment boom.
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Lawyers for former WorldCom  Chief  Executive Bernard Ebbers are seeking immunity for two witnesses  who they believe could clear their client of fraud charges  related to the company's $11 billion accounting scandal,  according to court papers filed on Wednesday.
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The former chief executive of Brocade Communications Systems Inc. vouched for his co-defendant in a closely watched stock options backdating case, asserting in documents unsealed Wednesday that she didn't know she was executing improper transactions.
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LOS ANGELES - The founder of the world's largest Christian broadcasting network has sought repeatedly to prevent a former male employee from going public with allegations of a sexual encounter between them eight years ago, a newspaper reported Sunday.    Paul Crouch, 70, president of the Trinity Broadcasting Network, reached a $425,000 settlement in 1998 with the former worker who threatened to sue over claims he had been unjustly fired from the network, the Los Angeles Times said...
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WASHINGTON -- The Supreme Court turned down an appeal Monday from former WorldCom chief Bernard Ebbers, who is serving a 25-year prison sentence for fraud and conspiracy.
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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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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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Two men at the heart of corporate   greed scandals in America paid the price on Tuesday, as a judge   sentenced former Enron Corp. executive Andrew Fastow to prison   and Bernard Ebbers, once the chief executive of highflying   WorldCom Inc. began serving a 25-year sentence.
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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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A U.S. District judge ruled Tuesday that former WorldCom Inc. CEO Bernard J. Ebbers's lawyers may question the prosecution's star witness about alleged marital infidelities.
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A witness for the prosecution against Bernard Ebbers, former chief of WorldCom, directly connected Mr. Ebbers to the accounting fraud that brought down the company.
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EMC hired former BearingPoint CEO Harry You, apparently to lead its push into the hosted services business.
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Former WorldCom officer Scott Sullivan admits lying, but still maintains that Bernard Ebbers was in on the $11bn fraud.
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Worldcom boss goes to prison Worldcom ex-CEO Bernie Ebbers starts a 25-year prison sentence today for his role in the $11bn collapse of the firm.â¦
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This is, after all, the man who once said &quot;to heck with Janet Reno&quot; during the early days of the company&#39;s antitrust saga, and who more recently has called Linux a &quot;cancer&quot;.