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WorldCom CEO Bernard Ebbers Indicted

HeadlineMar 03, 2004

In business news, former WorldCom CEO Bernard Ebbers, was indicted yesterday on charges that he helped plan and execute the biggest accounting fraud in U.S. corporate history. Under Ebbers, WorldCom booked at least $11 billion in false earnings and WorldCom suffered the largest bankruptcy in U.S. history.

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