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Author: zoningfool Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 532  
Subject: WorldCom's Ebbers Convicted of All Counts Date: 3/15/2005 1:31 PM
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WorldCom's Ebbers Convicted of All Counts
Tuesday March 15, 1:08 pm ET

Former WorldCom Chief Bernard Ebbers Is Convicted of All Counts Related to Accounting Fraud

NEW YORK (AP) -- Bernard Ebbers, who built WorldCom from a humble Mississippi long-distance concern into a telecommunications titan, was convicted Tuesday of engineering the colossal accounting fraud that sank the company.

A federal jury in Manhattan deliberated eight days before returning guilty verdicts on all counts -- one count of conspiracy, one count of securities fraud and seven counts of false regulatory filings. The crimes carry up to 85 years in prison....


http://biz.yahoo.com/ap/050315/ebbers_trial_9.html
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