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WorldCom's Ebbers Guilty on All Counts
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| Contributor | Servo |
| Last Edited | Servo Mar 15, 2005 01:41pm |
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| Category | News |
| Media | Newspaper - Los Angeles Times |
| News Date | Tuesday, March 15, 2005 07:40:00 PM UTC0:0 |
| Description | Former WorldCom chief Bernard J. Ebbers, who portrayed himself as ignorant of the illegal accounting practices that pushed his massive telecom company into bankruptcy, was found guilty today on all fraud charges.
The conviction was among the biggest victories for prosecutors in a string of high-profile cases against Wall Street and corporate executives ranging from Martha Stewart to Silicon Valley investment banker Frank Quattrone. |
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