According to Sheriff John Whetsel, "Ebbers turned himself in...surrendered" this morning."
Hot DAM! - I'll say ONE THING for Edmonson, the man has got some stones!
Does Enron owe anybody money in OkieLand!?
WorldCom chronology
• 1985 — Early investor Bernard Ebbers becomes chief executive of discount long-distance provider LDDS (Long-Distance Discount Service).
• 1995 — LDDS acquires Tulsa-based voice and data transmission company Williams Telecommunications Group (WilTel) for $2.5 billion cash and changes its name to WorldCom.
• 1998 — WorldCom merges with MCI Communications in a $40 billion deal, the largest such transaction in history at that time.
• March 11, 2002 — WorldCom receives a request for information from the U.S. Securities and Exchange Commission relating to accounting procedures and loans to officers.
• April 3, 2002 — WorldCom says it is cutting 3,700 jobs in the U.S., 4 percent of the company's work force.
• April 30, 2002 — Ebbers resigns under board pressure amid slumping share prices and SEC probe of the company's support of his personal loans.
• May 13, 2002 — Standard & Poor's removes WorldCom from its S&P 500 Index.
• June 25, 2002 — WorldCom fires Chief Financial Officer Scott Sullivan and accepts resignation of Controller David Myers after uncovering improper accounting of $3.8 billion in expenses starting in 2001. The company says it will cut 17,000 jobs, or 20 percent of its work force.
• June 26, 2002 — SEC files civil fraud charges against WorldCom. The U.S. Justice Department says it is investigating.
• July 1, 2002 — WorldCom discloses that an internal investigation has uncovered questionable accounting practices stretching back as far as 1999.
• July 8, 2002 — Ebbers tells the U.S. House Financial Services Committee he did nothing wrong and refuses to answer questions. Sullivan also refuses to testify.
• July 21, 2002 — WorldCom files the largest bankruptcy in U.S. history.
• Aug. 1, 2002 — Sullivan and Myers are arrested for their roles in the scandal.
• Sept. 27, 2002 — Myers pleads guilty to three counts of conspiracy, securities fraud and making false statements to the Securities and Exchange Commission.
• Oct. 7, 2002 — Buford Yates Jr., WorldCom Inc.'s former accounting director, pleads guilty to two counts of securities fraud and conspiracy.
• Oct. 11, 2002 — Two former finance officials, Betty L. Vinson and Troy M. Normand, plead guilty to conspiracy and securities fraud charges in separate proceedings.
• Nov. 6, 2002 — SEC expands fraud case against WorldCom Inc., with claims that the company's improper bookkeeping dates back to at least 1999, totaling more than $9 billion in fraudulent activity.
• April 22, 2003 — Sullivan pleads not guilty to securities and bank fraud.
• Aug. 27, 2003 — Oklahoma Attorney General Drew Edmondson files criminal charges against WorldCom Inc. and six former corporate executives.