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According to the New York Times, the former chief of WorldCom, convicted in one of the largest corporate accounting scandals in U.S. history, died yesterday, just over a month after his early release from prison.

Questions:

  1. What happened to World Com in 2002?
  2. How long was Ebbers sentence and what were the allegations against him?
  3. How did Ebbers start his career?

Source:

Staff. (2020). Bernie Ebbers, Ex-CEO Convicted in WorldCom Scandal, Dies. The Associated Press in the New York Times, Feb. 3 (Retrievable online at https://www.nytimes.com/aponline/2020/02/03/business/bc-us-obit-bernard-ebbers.html)