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Keyword: ebbersworldcom
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Reports criticize Ebbers, Sullivan for dominating WorldCom
<p>McLEAN, Va. — The former top executives at WorldCom Inc. ruled with unquestioned authority, steering the telecommunications company into multibillion-dollar acquisitions on a whim and intimidating underlings who questioned their conduct, according to two reports released today.</p> <p>A report by former Attorney General Richard Thornburgh outlined a corporate culture thoroughly dominated by former chairman Bernard Ebbers and ex-chief financial officer Scott Sullivan, fostering an environment that led to the largest U.S. bankruptcy and an $11 billion accounting scandal.</p>
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