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Bernard J. Ebbers
(redirected from Bernard Ebbers)

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Bernard J. Ebbers
A Canadian businessman who served as CEO of WorldCom for much of its early history prior to 2002. He co-founded WorldCom (then called Long Distance Discount Services) in 1983. After becoming CEO in 2005, he oversaw a number of acquisitions of telecommunications companies, including some of the largest (at that time) takeovers in American history. In 2002, he resigned in an accounting scandal and was sentenced to 25 years in prison in 2005. See also: Enron scandal.


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Now Bernard Ebbers looks like just another scruff trying to keep out of jail.
attorney general, also criticized WorldCom's board for letting former chief executive Bernard Ebbers leverage his company stock for more than $1 billion in personal and business loans.
Their anticipated help could increase the pressure on indicted former chief financial officer Scott Sullivan to strike a deal and tell what he knows about his boss, former chief executive Bernard Ebbers.
 
 
 
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