Bernard Ebbers



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Sunday November 29 Housing and Economic stories

KeNosHousingPortal.blogspot.com TOP STORIES : Goodbye to Reforms of 2002 ‎ - ( www.nytimes.com ) t took just five weeks after the WorldCom accounting scandal erupted in 2002 for Congress to pass, and President George W. Bush to sign, the Sarbanes-Oxley Act. That law required public companies to make sure their internal controls against fraud were not full of holes. t took three more years for Bernard...

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Corporatocracy 101 Part II

... sure their internal controls against fraud were not full of holes. It took three more years for Bernard Ebbers, the man who built WorldCom into a giant, to be sentenced to 25 years in prison for his role in the fraud. Mr. Ebbers will be 85 years old before he is eligible for release from prison. He may be freed, however, before the law is ever enforced on the vast majority...

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5 Cult-Less Personalities

... with the disintegration of its profligate CEO, . Worldcom was sunk by its serial dealmaking CEO, Bernard Ebbers. Enron's collapse was the denouement of Jeffrey Skilling's shenanigans.Setting Mr. Buffett aside, the most fertile fields for forceful visionaries are those where new-product development is crucial and where immediate action is a necessity -- communications equipment, computers,...