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WorldCom
The WorldCom trial
Bernie Ebbers, the former CE of WorldCom, has gone on trial, accused of allegedly cooking the books during his time at the company to the tune of $11bn. It's been a long road: from the first signs of trouble back in 2002, to WorldCom's emergence from Chapter 11 bankruptcy protection and rebirth as MCI Inc., to Sarbox legislation, to the current trial.
Accountancy Age, 14 Feb 2005
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