eebee's Adventures Make It Happen: A Hands-on Adventure with Opposites (Every Baby Eebee's Adventures)
Newshoggers (Free subscription) | 11/06/2009
... 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 of American...
White Collar Crime Prof Blog (Free subscription) | 11/06/2009
... many double-digit white collar sentences are now being handed down (see, e,g, and what about Ebbers, Skilling, MacFarland, and others), and there are even triple digits now seen on occasion. One would be hard-pressed to find the number of double-digit sentences we are presently seeing in white collar cases, in the pre-guideline years. Further, it is clear that the "culture" of the guidelines...
Fool.com (Free subscription) | 11/05/2009
... 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, software,...
The Economist (Free subscription) | 10/08/2009
... playing bridge in Detroit as their firm collapsed. Compared with Kenneth Lay of Enron or Bernie Ebbers of WorldCom, however, they were amateurs. Most were useless rather than venal. ...
Indian Express (Free subscription) | 10/13/2009
... playing bridge in Detroit as their firm collapsed. Compared with Kenneth Lay of Enron or Bernie Ebbers of WorldCom, however, they were amateurs. Most were useless rather than venal. Far from expertly manipulating their firms’ books, many could not understand them. Citigroup’s boss reportedly learned of its $43 billion of toxic assets only in September 2007 (he was told losses were unlikely)....
Memex 1.1 (Free subscription) | 10/09/2009
... playing bridge in Detroit as their firm collapsed. Compared with Kenneth Lay of Enron or Bernie Ebbers of WorldCom, however, they were amateurs. Most were useless rather than venal. Far from expertly manipulating their firms’ books, many could not understand them. Citigroup’s boss reportedly learned of its $43 billion of toxic assets only in September 2007 he was told losses were unlikely....
Reuters (Free subscription) | 10/05/2009
Once a star on Wall Street, Nacchio was among a number of corporate leaders convicted earlier in the decade of financial crimes. Others included WorldCom's Bernard Ebbers, Tyco International's Dennis Kozlowski and several top executives at Enron Corp, the energy company that collapsed in 2001.
Reuters (Free subscription) | 10/05/2009
Once a star on Wall Street, Nacchio was among a number of corporate leaders convicted earlier in the decade of financial crimes. Others included WorldCom's Bernard Ebbers, Tyco International's Dennis Kozlowski and several top executives at Enron Corp, the energy company that collapsed in 2001.
