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Worldcom Exchange Inc

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Former WorldCom CEO seeks clemency

Bernie Ebbers, the former CEO of WorldCom who is serving a 25-year prison term for masterminding an $11 billion accounting scandal, wants President Bush to lighten his sentence.

By December 4, 2008


CNET News Daily Podcast: Facebook, Google open competing services

Facebook Connect and Google Friend Connect open to the public within moments of each other; Firefox plug-in turns Amazon.com into piracy heaven; and former WorldCom CEO Bernie Ebbers asks for commuted sentence.

By December 4, 2008


How much does corporate fraud cost you?

Corporate fraud didn't start with Enron, Tyco, and WorldCom and it didn't end with them, either. Fraud is rampant in the technology industry. What most employees, investors, and consumers don't realize is how much it costs them.

By June 30, 2008


Quote of the day: Ebbers pleads ignorance

If the former WorldCom CEO had a theme song, it might go like this: Don't know much about technology.

March 1, 2005


WorldCom files $500 million settlement

The company formerly known as WorldCom takes another step toward corporate normalcy by filing a $500 million settlement proposal hammered out with the SEC.

By May 20, 2003


WorldCom wins State Department deal

The federal government awards the struggling telecommunications giant a contract worth up to $360 million over 10 years.

By December 19, 2002


Capellas: WorldCom a "unique" chance

The former HP executive says despite WorldCom's "troubles," he's excited about taking charge. It might even prove easier than the HP proxy fight, he said.

November 15, 2002


Capellas takes over at WorldCom

Pledging to make the company a "model of good corporate governance and management integrity," Michael Capellas officially takes the reins at the beleaguered telecom giant.

By November 15, 2002


As scandal dies down, MCI fights for a comeback

With two years of scandal and bankruptcy proceedings coming to a close, the company--legally known as WorldCom--is launching new services in an effort to rebuild.

By March 5, 2004