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Re: "Bernie Ebbers Guilty"
- From: Michael Painter
- Date: Tue Mar 15 17:06:07 2005
The Evening Bridge - March 15, 2005
TOP STORY: Today marked a big day in the government's moves to expel company executives who have allegedly conducted financial
The first under the spotlight are former WorldCom CEO Bernard Ebbers and former Qwest CEO Joseph Nacchio, along with 10 other Qwest
Ebbers was found guilty in a federal court in New York on all counts for his role in WorldCom's demise. Meanwhile, the Securities
and Exchange Commission sued Nacchio and 10 other former executives, accusing them of perpetrating a massive financial fraud on
investors. The SEC also simultaneously settled with four of the former Qwest executives named in the lawsuits, which were filed in
Denver federal court.
----- Original Message -----
From: "Paul Vixie" <email@example.com>
Sent: Tuesday, March 15, 2005 11:46 AM
Subject: "Bernie Ebbers Guilty"
> NEW YORK - Bernard Ebbers, the former chief executive of WorldCom and
> perhaps the most powerful American businessman ever to face a criminal
> trial, was found guilty today of securities fraud, conspiracy and filing
> false documents with regulators.