Link: WorldCom special area
Betty Vinson, the former director of management reporting and Troy Normand, director of legal entity accounting, both admitted securities and conspiracy fraud.
It brings the total of ex company executives that have struck deals with the US justice department to four, all of which are expected to offer evidence in the prosecutors quest for their main target, former chief executive Bernie Ebbers.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements