Highlights
A collection of news and information related to WorldCom Incorporated published by this site and its partners.
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Madoff headed to hellish jail, SEC still in doghouse
The SwampDisgraced financier Bernard Madoff enters a federal court in New York City on March 12, 2009. (Photo by Mario Tama/Getty Images) by Frank James Physicians get to bury their mistakes, it's said. And federal regulators get to see theirs......Tags: U.S. Securities and Exchange Commission, Local Government, Securities, The Associated Press, Prisons
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Chicago Confidential: Lehman Brothers bankruptcy examiner believes lessons not heeded
The lessons of Lehman Brothers, Chicagoan Anton Valukas says, haven't been learned. He would know. As the man charged by the bankruptcy court with getting to the bottom of what caused the largest bankruptcy in history, the Jenner & Block chairman and...
Tags: U.S. Securities and Exchange Commission, Real Estate, Lehman Brothers Holdings Inc., Henry Paulson, Financially Distressed Companies
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No way to sugarcoat decision at Hostess
Hostess Brands is nothing like a Twinkie. The parent company's fate rests with a constituency that has grown hardened and sour. Union members, taxed by the givebacks already granted to an employer that's operated in bankruptcy for all but three of the...Tags: Politics, Career and Workplace, Pension and Welfare, Bankruptcy, CEO Pay
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Friday Morning Coffee: Is the Freeh Report a game-changer?
Capitol Ideas with John L. MicekPenn State University, we turned to some experts for the long view. In a telephone interview yesterday, former Gov. Dick Thornburgh told us the report on the child-abuse scandal at Penn State will be required reading at colleges and universities across... -
Americans putting less company stock in their 401(k)s
Money & CompanyIt took catastrophic meltdowns to achieve, but American workers are slowly getting the message about the risks of buying too much stock in their own companies. Ownership of company stock in 401(k) plans fell half a percentage point to 9.2%...... -
Swearing to testify
Change of SubjectMore from GRod, this time during his Wednesday morning appearance on WLS AM 890: Absolutely will I testify. I can’t wait to get on there and swear on the Holy Bible to tell the whole truth, and to begin to...... -
'No one is immune'
Martha Stewart's criminal conviction sends the message that the government will zealously pursue those it suspects of insider trading, even when the parties involved are deep-pocketed, powerful and well-connected, legal experts say. It is a message...Tags: Celebrities, Near North Side, Colleges and Universities, Prisons, Criminal Laws
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Martha Stewart guilty
Martha Stewart, who built a media and consumer goods empire that brought gracious living into everyday Americans' homes, faces prison after her conviction Friday on four felony counts related to a questionable stock sale. Stewart's former stockbroker and...Tags: New York University, Securities, Prisons, New York, Judges
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Citigroup agrees to settle fraud suit
From Wire ReportsNEW YORK - In the first significant shareholder settlement since Enron Corp. collapsed more than three years ago, Citigroup Inc. has agreed to pay $2 billion to investors who accused the bank of aiding Enron in its huge accounting scandal by selling the...Tags: Colleges and Universities, Securities, Citigroup Incorporated, NYSE Euronext, Inc., Lehman Brothers Holdings Inc.
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Firms find way around major Internet artery
Sun StaffTechnicians continued yesterday to clean up the wreckage not just in the Howard Street tunnel, but on the information superhighway. LAI Construction Services Inc. of Baltimore was completing yesterday a new fiber-optic loop around the downtown tunnel,...Tags: Verizon Communications, Railway Accidents, San Mateo, New York, Keynote Systems Incorporated
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Train derailment severs communications
Sun StaffWhen a train falls in Baltimore, it knocks out e-mail halfway around the world. Welcome to the 21st century. The impact of the underground train derailment was felt far and wide, from inoperable cell phones in suburban Maryland, to corporate Web pages...Tags: Montgomery (Montgomery, Alabama), Verizon Communications, Railway Accidents, Montgomery County (Maryland), U.S. Department of State
Mar 12, 2009
|Blog| Chicago Tribune
Oct 28, 2012
|Column| Chicago Tribune
Sep 9, 2012
|Column| Chicago Tribune
Dec 4, 2011
|Column| Chicago Tribune
Jul 13, 2012
| Allentown Morning Call
Dec 16, 2010
| Los Angeles Times
Jun 3, 2010
| Chicago Tribune
Mar 7, 2004
|Story| Chicago Tribune
Mar 6, 2004
|Story| Chicago Tribune
Jun 11, 2005
|Story| Baltimore Sun
Jul 21, 2001
|Story| Baltimore Sun
Jul 20, 2001
|Story| Baltimore Sun
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