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	Bernard Ebbers - Wikipedia, the free encyclopedia
		Bernard John Ebbers, also known as Bernie Ebbers (born August 27, 1941 in Edmonton, Alberta), is a Canadian-born businessman.
		Bernard Ebbers served as Chairman of the Board of Directors of the Competitive Telecommunications Association from 1993 through 1995.
		Ebbers, being the CEO of WorldCom during the time the inflated earnings occurred, was a major figure in these investigations and legal proceedings.
	en.wikipedia.org /wiki/Bernard_Ebbers (1598 words)

	Encyclopedia: Bernard Ebbers
		Bernard Ebbers was born in 1941 in a very poor family.
		Ebber supposedly developed the concept of his first telephone firm in a company of his three friends, as they were dining in a coffee shop.
		Bernard Ebbers was succeeding owing to the development of the US economy in the middle of the 1980s and the Internet boom, which hit the USA in the 1990s.
	www.nationmaster.com /encyclopedia/Bernard-Ebbers (537 words)

	Bernard Ebbers - Encyclopedia, History, Geography and Biography
		Ebbers, who is 63 years old, is currently out on bail while he appeals his conviction.
		Ebbers' personal faith was another important factor in his personality.While CEO of WorldCom, he was a member of the Easthaven Baptist Church in Brookhaven, Mississippi.
		Bernie Ebbers had relied upon a defence of ignorance of the financial crimes committed at WorldCom, the telecommunications company he had built up.WorldCom collapsed in 2002 amid accusations of fraudulent accounting to the tune of $11 billion US.
	www.arikah.com /encyclopedia/Bernie_Ebbers (1647 words)

	Judge denies new trial for Bernard Ebbers - Boston.com - Business (Site not responding. Last check: 2007-10-07)
		CEO Bernard Ebbers for a new trial, paving the way for him to be sentenced Wednesday in the record $11 billion fraud.
		Ebbers had argued the judge or prosecutors should have granted immunity to three witnesses that Ebbers contends could have helped clear him of charges related to the fraud.
		Ebbers' lawyers had also argued Jones unfairly told jurors they could find him guilty based on "conscious avoidance," which they said allowed jurors to convict Ebbers because he "should have known" about the fraud.
	www.boston.com /business/articles/2005/07/12/judge_denies_new_trial_for_bernard_ebbers (738 words)

	frontline: the wall street fix: worldcom: the players \| PBS
		Ebbers' strategy of building WorldCom through acquiring regional rivals closely resembled Grubman's telecom thesis, in which he argued that younger start-up firms could outperform the industry giants by growing to meet what was expected to be an explosive demand for networking infrastructure.
		Ebbers' career before WorldCom took a meandering path -- he started as a milkman and bouncer before becoming a high school basketball coach and then manager of a motel chain.
		Ebbers was forced to resign from WorldCom in April 2002 amid an SEC inquiry into both his corporate loans and WorldCom's accounting practices.
	www.pbs.org /wgbh/pages/frontline/shows/wallstreet/wcom/players.html (2526 words)

	WSJ.com - Former WorldCom CEO Built An Empire on Mountain of Debt
		Ebbers, the banks sometimes were guided by a powerful desire to cultivate and protect their relationship with him.
		Ebbers, says that his client came to the aid of the lumber firm and a refrigerated-trucking company he acquired with another Bank of America loan when they were facing hostile buyouts.
		Ebbers dropped a bombshell; he was heading to see Bank of America executives to arrange the sale of three million of his 20 million WorldCom shares to raise cash to meet the bank's margin call, according to board members.
	academic.udayton.edu /LawrenceUlrich/EbbersAquisition.htm (3197 words)

	The New York Times > Business > Bernard Ebbers: Victim Himself or Mastermind?
		Ebbers was in the dark about the fraud, a victim himself who never acted as if he were engaged in a conspiracy and who lost hundreds of millions of dollars of his own money as a result of the actions of others.
		Ebbers was loyal to WorldCom (renamed MCI after it emerged from bankruptcy) to the end, even after he was "unceremoniously" dumped as chief executive.
		Ebbers was hailed as a visionary during the company's rise in the 1990's, and is now, fairly or not, often depicted, along with Kenneth Lay, Enron's former chief executive, as a prime emblem of corporate greed.
	www.nytimes.com /2005/01/26/business/26ebbers.html?ex=1264395600&en=66175964075af11f&ei=5088&partner=rssnyt (924 words)

	Ebbers settlement gets preliminary OK - Boston.com - Business (Site not responding. Last check: 2007-10-07)
		Ebbers settlement gets preliminary OK In a file photo Bernard Ebbers former CEO of WorldCom exits Manhattan federal court with wife Kristie, left, Tuesday, March 15, 2005, in New York.
		Left for Ebbers' wife and family will be a much smaller home in Jackson, Miss., plus oil and gas assets and a retirement account that were described by lawyers in the case as very modest.
		Ebbers was convicted in March of fraud, conspiracy and other charges in the scandal at WorldCom, which collapsed into the largest bankruptcy in U.S. history in 2002 and has since re-emerged under the name MCI Inc.
	www.boston.com /business/articles/2005/07/11/ebbers_settlement_gets_preliminary_ok (536 words)

	ABC News: Ex-WorldCom CEO Ebbers Takes the Stand (Site not responding. Last check: 2007-10-07)
		Bernard Ebbers, former CEO of WorldCom, enters Manhattan federal court with his wife Kristy, Monday, Feb. 28, 2005, in New York.
		Ebbers is expected to take the stand today accused of orchestrating an $11billion accounting scandal which bankrupted the once giant telecommunications company.
		Ebbers was expected to refute testimony given by Sullivan, the star witness against him, who told jurors he warned Ebbers over and over that the only way to meet Wall Street expectations would be to cook the books.
	abcnews.go.com /Business/wireStory?id=538548&CMP=OTC-RSSFeeds0312 (386 words)

	US telecommunication oligarch, Bernard Ebbers, jailed for 25 years - PRAVDA.Ru (Site not responding. Last check: 2007-10-07)
		Ebbers subsequently chaired the telephone company: the entrepreneur was doing his best to expand business at all costs.
		Ebbers ranked 376th on the list of world's richest men at the end of the 1990s, holding the $1.4 billion fortune.
		It does not matter whether it is Bernard Ebbers, the former CEO of WorldCom, or Russian oil tycoon Mikhail Khodorkovsky, the former CEO of Yukos – a fraudster and thief should be jailed.
	english.pravda.ru /printed.html?news_id=15810 (1045 words)

	Jackson metro & state news - The Clarion-Ledger
		The 62-year-old Ebbers was led to court in handcuffs after surrendering to the FBI early Wednesday, a day after former WorldCom finance chief Scott Sullivan pleaded guilty to an $11 billion fraud and agreed to testify against his former boss at the nation's No. 2 long-distance company.
		Ebbers, who resigned as CEO in April 2002, was released on $10 million bond that was partly secured by his Brookhaven home.
		Ebbers and Sullivan then enlisted subordinates to help hide the company's true financial picture and appear to meet Wall Street's expectations for quarterly earnings and revenue, the indictment said.
	www.clarionledger.com /news/0403/04/ma01.html (735 words)

	TIME Digital -- Digital 50 - BERNIE EBBERS
		Think of it as the tale of two telecommunications-company mergers--for Ebbers, it was the best of years and the worst of years.
		At a meeting on Wall Street in June, a confident Ebbers, who was WorldCom's chief executive before it merged with MCI, affirmed rosy predictions that earnings would grow 40% this year.
		Ebbers blamed newly installed software from Lucent, but his company was criticized for its slow reaction.
	www.time.com /time/digital/digital50/26.html (330 words)

	Too Much: The brilliance of Bernard Ebbers
		Bernard Ebbers now faces 20 to life behind bars after a New York jury last week found him guilty of engineering an $11 billion corporate fraud that climaxed in the biggest bankruptcy in U.S. corporate history.
		During the Ebbers trial, defense attorneys tried to paint their 63-year-old client as a clueless executive who had no idea his underlings were playing fast and loose with WorldCom's books.
		Bernard Ebbers, maybe more than any other top executive over recent years, understood that corporate success today has become all about, and only about, making companies big — by any means necessary, people and product be damned.
	www.cipa-apex.org /toomuch/articlenew2005/Mar21b.html (548 words)

	Bernard Ebbers: Victim himself or mastermind?- The Times of India (Site not responding. Last check: 2007-10-07)
		Ebbers knew WorldCom’s "books were cooked," charged David Anders, the US attorney leading the government’s case, because "he told people to do it" as early as the year 2000.
		Weingarten said Ebbers was in the dark about the fraud, a victim himself who never acted as if he were engaged in a conspiracy and who lost hundreds of millions of dollars of his own money as a result of the actions of others.
		He said Ebbers was loyal to WorldCom (renamed MCI after it emerged from bankruptcy) to the end, even after he was "unceremoniously" dumped as chief executive.
	timesofindia.indiatimes.com /articleshow/1001914.cms (507 words)

	Press Release - Department of Justice - U.S. CHARGES EX-WORLDCOM CEO BERNARD EBBERS; FORMER WORLDCOM CFO SCOTT SULLIVAN ...
		To accomplish this goal, EBBERS and SULLIVAN agreed that false and fraudulent adjustments would be made to WorldCom's books and records, it is alleged.
		The Superseding Indictment charges that EBBERS and SULLIVAN knew that the aggregate effect of these adjustments - which were made in large, round-dollar amounts and consistently totaled hundreds of millions of dollars per quarter - was to present a materially false and misleading picture of WorldCom's true operating performance and financial results.
		In a February 7, 2002 CNBC interview, according to the Superseding Indictment, EBBERS falsely claimed that WorldCom was a "sound financial company" that had "been very conservative" in its accounting practices.
	www.fbi.gov /dojpressrel/pressrel04/world030204.htm (731 words)

	Ex-WorldCom CEO Ebbers found guilty on all counts - Mar. 15, 2005
		Ebbers, 63, had been charged with one count of conspiracy, one count of securities fraud and seven counts of filing false statements with securities regulators.
		Ebbers, a former milkman, basketball coach and Best Western hotel owner before he discovered the telecom business in 1983, wasn't at WorldCom's helm at the time of its final fall from grace.
		Ebbers, who took the stand in his own defense, insisted that he knew nothing of WorldCom's shady accounting and that he left much of the minutiae of running the company to underlings.
	money.cnn.com /2005/03/15/news/newsmakers/ebbers (1376 words)

	WorldCom: Is Bernie Still Bulletproof? - Forbes.com (Site not responding. Last check: 2007-10-07)
		Ebbers unveils a restructuring plan that splits the firm into two components, with a tracking stock for MCI's consumer services.
		But Ebbers throws cold water on investors' hopes that a merger with a Baby Bell might soon be announced.
		The firm's exposure to Ebbers' financial situation may not be material to its financial performance.
	images.forbes.com /2002/02/06/0206ebberstrike.html (908 words)

	CBC News: Bernard Ebbers given 25-year prison sentence (Site not responding. Last check: 2007-10-07)
		Ebbers, 63, was convicted on one count of securities fraud, one of conspiracy and seven counts of making false filings to the U.S. Securities and Exchange Commission.
		In his closing argument, Ebbers' s lawyer painted a picture of him as a CEO who trusted Sullivan and was unaware of the accounting problems at the company.
		Ebbers laid the blame for the cooked books on Sullivan, who has already pleaded guilty to three criminal charges and was the prosecution's star witness against Ebbers.
	www.cbc.ca /story/business/national/2005/07/13/ebberssentence-050713.html?ref=rss (594 words)

	The Seattle Times: Business & Technology: Former WorldCom CEO Bernard Ebbers gets 25 years in prison
		Ebbers, an imposingly tall man with buzzed white hair, leaned forward in his chair and cried, sniffling audibly, after Judge Barbara Jones of U.S. District Court in Manhattan read his penalty.
		Jones said it was not clear Ebbers had committed perjury, and said jurors could have believed his testimony and still convicted if they believed he intentionally looked the other way as the fraud took place.
		Ebbers is the highest-ranking of six WorldCom executives and accountants who were charged by federal prosecutors in the fraud.
	seattletimes.nwsource.com /html/businesstechnology/2002378505_webebbers13.html (1055 words)

	WorldCom's Ebbers Convicted (washingtonpost.com)
		Ebbers sat impassively with his fingers laced as the jury forewoman delivered a guilty verdict on all nine counts.
		Bernard Ebbers, 63, and his wife, Kristie, exit a federal courthouse in New York after a jury returned guilty verdicts on all counts against the former WorldCom chief executive.
		Ebbers, a former milkman and high school coach who built WorldCom from a tiny Mississippi long-distance reseller into a national powerhouse, is the fifth and highest-ranking WorldCom executive to be convicted in the fraud.
	www.washingtonpost.com /wp-dyn/articles/A36896-2005Mar15.html (687 words)

	CBS News \| Ex-WorldCom CEO Guilty Of Fraud \| March 15, 2005 20:30:03
		Now, Bernard Ebbers is the government's biggest catch since it began pursuing the largest corporate fraudsters three years ago.
		Ebbers' largely blue-collar jury of seven women and five men considered the case for eight days, an uncommonly long deliberation for white-collar cases, but never showed signs of discord.
		Ebbers still faces civil litigation, including from the company, which backed up his $400 million in personal loans when Bank of America demanded more and more collateral as the stock price fell.
	www.cbsnews.com /stories/2005/03/15/national/main680230.shtml (1481 words)

	Bernard Ebbers News - The New York Times (Site not responding. Last check: 2007-10-07)
		Bernard J. Ebbers, the former WorldCom chief executive convicted of orchestrating the largest corporate fraud in United States history, had his bid for a retrial shot down by a federal judge yesterday, setting the stage for his sentencing today.
		Bernard J. Ebbers, the former chief executive of WorldCom, pleaded for leniency yesterday from the judge who will sentence him for his conviction on charges of orchestrating the largest securities fraud in the nation' s history.
		Bernard J. Ebbers, the former chief executive of WorldCom convicted last month of conspiracy, fraud and filing false financial reports, asked a judge in New York yesterday to give him a new trial.
	topics.nytimes.com /top/reference/timestopics/people/e/bernard_j_ebbers (529 words)

	Bernard J. Ebbers: Lit. Rel. No. 19301 / July 13, 2005
		Ebbers has agreed to settle the matter by consenting, without admitting or denying the allegations in the Commission's complaint, to the entry of a final judgment enjoining him from violating the anti-fraud and other provisions of the federal securities laws, and permanently barring him from serving as an officer or director of a public company.
		The complaint filed today alleges that Ebbers, along with other WorldCom senior officers, caused numerous fraudulent adjustments and entries in WorldCom's books and records, often in the hundreds of millions of dollars, in furtherance of a scheme to make the Company's publicly reported financial results appear to meet Wall Street's expectations.
		Ebbers is scheduled to be sentenced today in Manhattan by U.S. District Judge Barbara Jones.
	www.sec.gov /litigation/litreleases/lr19301.htm (307 words)

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