Wednesday, August 27, 2003

So Oklahoma has filed charges against one time Worldcom CEO Bernard Ebbers. Here's the part I made a note of:

The complaint accuses Ebbers, the other executives and the company of violating state securities laws by giving false information to investors in 2000. WorldCom collapsed into the nation's largest bankruptcy last year amid an accounting scandal that has grown to $11 billion.
The year 2000. Somehow, even though fraud at Worldcom and Adelphia and Enron and Global Crossing ALL started before George W. Bush took office, the Left always seems to try to tar the Bush Administration with the wrongdoing.

See the Corporate Fraud section our Resources for more examples.

No comments: