WorldCom's Sullivan: Ebbers Wanted the Numbers 'Hit'
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Former WorldCom Inc. Chief Executive  Bernard Ebbers, informed that accountants would have to inflate  revenue to meet profit expectations, brushed off the warning  and demanded the company "hit our numbers," according to  testimony from the fraud trial's star witness on Tuesday.
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The telecoms watchdog Ofcom is considering how to regulate firms that let you make calls via the net.
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The WorldCom employee who uncovered a massive accounting fraud tells the full, twisting tale in a new book
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Two WorldCom Inc. accountants agreed to cover up &#36;800 million in expenses only after learning that Chief Executive Bernard Ebbers refused to warn investors that profits were worse than expected, they testified at Ebbers' fraud trial on Wednesday.
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Former WorldCom Inc. finance chief  Scott Sullivan began his long-awaited testimony on Monday by  implicating ex-CEO Bernard Ebbers in an $11 billion accounting  scandal that drove the telecommunications company into the  largest U.S. bankruptcy.
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WorldCom's former CEO Bernard Ebbers is scheduled to report to prison today to begin a 25-year sentence for his role in accounting misstatements that led to the company's bankruptcy.
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The former finance chief of WorldCom  Inc. testified on Tuesday that Bernard Ebbers, as CEO, had  pressured him every quarter to meet Wall Street earnings  estimates, repeatedly telling him "to hit the numbers."
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WASHINGTON -- The Supreme Court turned down an appeal Monday from former WorldCom chief Bernard Ebbers, who is serving a 25-year prison sentence for fraud and conspiracy.
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The trial of former WorldCom Inc. CEO  Bernard Ebbers was unexpectedly suspended on Monday, delaying  the much anticipated cross-examination of the prosecution's  star witness, Scott Sullivan.
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Arbitrators have awarded $75,000 to a longtime WorldCom Inc. employee who argued that bankers contributed to her financial losses by profiting from their relationship with the struggling company and its chief executive at the same time they administered a stock-options program for WorldCom workers.  -The Washington Post
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25 years in the pokey Former WorldCom CEO Bernard Ebbers lost his bid to get the US Supreme Court to hear the appeal of his conviction for presiding over the most spectacular accounting fraud in American history.â¦
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Former WorldCom Inc. Chief Executive  Bernie Ebbers, facing financial ruin as the company's stock  plummeted, pleaded with other top executives in 2001 to do  "everything they could possibly do" to turn the troubled  telephone giant around, a witness testified at Ebbers' fraud  trial on Friday..
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The former finance chief of WorldCom testified yesterday that the company called off 2001 merger talks with Verizon after he and chief executive Bernard Ebbers worried Verizon would discover WorldCom had cooked its books.
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Worldcom boss goes to prison Worldcom ex-CEO Bernie Ebbers starts a 25-year prison sentence today for his role in the $11bn collapse of the firm.â¦
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Report for British regulator calls for wireless technology to be more strictly controlled than in United States.
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CINCINNATI, Sept. 15  /PRNewswire-FirstCall/ -- Kenneth W. Lowe, president and CEO of The E. W. Scripps Company, will discuss the company's business strategy on Tuesday, Sept. 19, during the Goldman Sachs Communacopia XV Conference in New York City.
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WorldCom's former controller testified Monday that he never knew CEO Bernard Ebbers to make an accounting decision as the company slid into a financial abyss and began hiding billions of dollars in expenses to fool Wall Street.