Bernard Ebbers
Bernard John "Bernie" Ebbers (born August 27, 1941) is a Canadian-born businessman. He co-founded the telecommunications company WorldCom and is a former chief executive officer of that company.
In 2005, he was convicted of fraud and conspiracy as a result of WorldCom's false financial reporting, and subsequent loss of US$100-billion to investors. The WorldCom scandal was, until the Madoff schemes came to light in 2008, the largest accounting scandal in United States history. He is currently serving a 25-year prison term at Oakdale Federal Correctional Complex in Louisiana. Portfolio.com and CNBC named Ebbers as the fifth-worst CEO in American history; Time magazine named him the tenth most corrupt CEO of all time.
Read more about Bernard Ebbers: Early Life, Education and Degrees, Business Achievements, Personal Holdings, Personality, Post-WorldCom, Congressional Hearing, Criminal Charges, Civil Suits
Famous quotes containing the word bernard:
“I have to get your room ready for you: to sweep and dust, to fetch and carry. How could that degrade me if it did not degrade you to have it done for you?”
—George Bernard Shaw (1856–1950)