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AP- Former WorldCom CEO Ebbers Indicted

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AZCat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-04 10:06 AM
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AP- Former WorldCom CEO Ebbers Indicted
Former WorldCom CEO Ebbers Indicted

By DEVLIN BARRETT, Associated Press Writer

WASHINGTON - Former WorldCom CEO Bernard Ebbers has been indicted on federal charges stemming from the multibillion dollar accounting fraud at the telecommunications giant, a government official said Tuesday.

The official, who spoke to The Associated Press on condition of anonymity, said the charges include securities fraud.

Attorney General John Ashcroft (news - web sites) planned a 1 p.m. news conference in New York to announce the charges, which first were reported late Monday by WNBC-TV.
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http://www.yahoo.com/_ylh=X3oDMTFmbjFoZmtsBF9HA2dsb2JhbF9ncm91cARfUwMyNzE2MTQ5BHRlc3QDdjU0BHRtcGwDdjU0LW5z/s/162363
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dryan Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-04 10:08 AM
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1. Ebbers Indictment
Good, I hope the sob rotts in jail!
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newyawker99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-04 07:58 PM
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4. Hi dryan!!
Welcome to DU!! :toast:
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SlavesandBulldozers Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-04 10:11 AM
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2. about damn time
what are we supposed to be doing backflips because he's been charged? Big deal, who's next?

Where's Ken Lay? off with his head. Kerry needs to start talking about Enron.
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JNelson6563 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-04 10:16 AM
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3. The SEC will NOT press charges today
but may at later date. Just heard Alert on CNBC, no link yet.

Julie
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