Investor enthusiasm culminated in some of the worst cases of wealth destruction in the last 100 years, a long-running study shows. By Jeff Sommer Once hailed as an entrepreneurial success story, the ...

The Bernard J. Ebbers indicted yesterday for securities fraud in the bankruptcy of WorldCom Inc. is an imposing, cigar-smoking man who hectored employees about saving money while he took $400 million ...

NEW YORK, Jan. 31 -- Former WorldCom Inc. chief executive Bernard J. Ebbers's attorney on Monday used his cross-examination of the company's former controller to try to distance Ebbers from the $11 ...

One year ago, Congress defunded public media. Now that we're 100% community funded, please become a sustaining member or increase your existing membership today. After eight days of deliberations, a ...

Bernard Ebbers, who built WorldCom Inc into a telecommunications giant and was convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement. He was 78.

NEW YORK— A federal judge has denied a bid by former WorldCom CEO Bernard Ebbers for a new trial, paving the way for him to be sentenced today in the record $11 billion fraud. Ebbers had argued, among ...

Rep. Billy Tauzin, chairman of the U.S. House Energy and Commerce Committee, said in an interview Thursday that Scott Sullivan, WorldCom’s chief financial officer at the time, had told company ...

Former WorldCom CEO Bernard Ebbers was sentenced Wednesday to 25 years in prison, imposing what could be a life sentence on the executive held accountable for WorldCom’s historic collapse into ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Not for nothing did he name his first yacht Aquasition. Bernard Ebbers, ...

SAN FRANCISCO (MarketWatch) -- Former WorldCom chief Bernard Ebbers has agreed to settle a class-action suit stemming from the telecommunications company's historic accounting fraud, the U.S. Attorney ...

Once hailed as an entrepreneurial success story, the “telecom cowboy,” he presided over one of the biggest scandals in American corporate history. By Katharine Q. Seelye and Daniel Victor His daughter ...