Move over, Martha. As the troubled phone company now known as MCI prepares to emerge from the brink, its erstwhile commander, Bernard Ebbers, may be headed for the pen. Ebbers is the folksy former Mississippi high school basketball coach who hatched WorldCom in 1983 and, through a series of audacious takeovers, built it into the second largest U.S. long-distance operator. But his single-minded pursuit of growth and, in the end, his manic desperation to please Wall Street led him to mastermind, according to his federal criminal indictment last week, an accounting fraud estimated by some experts at $11 billion, the largest...
To continue reading:
or
Log-In
