Andrew Fastow
chief financial officer of Enron Corporation
Bernard Ebbers
Canadian businessman and fraudster (1941-2020)
Bernard John Ebberswas a Canadian-American businessman and the co-founder and CEO of WorldCom. Under his management, WorldCom grew rapidly but collapsed in 2002 amid revelations of accounting irregularities, making it at the time one of the largest accounting scandals in the United States.
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About the Bernard Ebbers
Bernard John Ebberswas a Canadian-American businessman and the co-founder and CEO of WorldCom. Under his management, WorldCom grew rapidly but collapsed in 2002 amid revelations of accounting irregularities, making it at the time one of the largest accounting scandals in the United States. Ebbers blamed his subordinates but was convicted of fraud and conspiracy. In December 2019, Ebbers was released from Federal Medical Center, Fort Worth, due to declining health, having served 13 years of his 25-year sentence, and he died just over a month later.
In 2013, Portfolio.com and CNBC named Ebbers as the 5th-worst CEO in American history. In 2009, Time named him the 10th-most corrupt CEO of all time.
Dubbed the “Telecom Cowboy,” Ebbers often wore boots and blue jeans instead of the typical corporate uniform of a suit and tie. He also lived on a farm and loved to drive a tractor.
8 Quotes by Bernard Ebbers
- 1.
Our investments in data, Internet and international have been particularly timely and have positioned the company to post industry-leading incremental revenue gains.
Bernard EbbersCanadian businessman and fraudster (1941-2020)
- 2.
We very much regret that our merger with Sprint was not allowed to proceed.
Bernard EbbersCanadian businessman and fraudster (1941-2020)
- 3.
No one will find me to have knowingly committed fraud.
Bernard EbbersCanadian businessman and fraudster (1941-2020)
- 4.
I guess the one question I will not get today is: When are you going to do anything about cellular?
Bernard EbbersCanadian businessman and fraudster (1941-2020)
- 5.
I just want you to know you aren’t going to church with a crook.
Bernard EbbersCanadian businessman and fraudster (1941-2020)
- 6.
We accelerated our capital spending in the fourth quarter, particularly in international and next-generation network deployment, which should not only sustain future revenue growth but also drive significant cost reductions across all communications services.
Bernard EbbersCanadian businessman and fraudster (1941-2020)
- 7.
Our communications services revenue growth is being driven by continued strong top-line performance in data, Internet and international – three of the fastest growing and most profitable areas within communications services.
Bernard EbbersCanadian businessman and fraudster (1941-2020)
- 8.
The strength in our third-quarter financial results is cause for excitement. I’m particularly pleased that we continue to demonstrate impressive growth at the same time we are engaged in important merger discussions.
Bernard EbbersCanadian businessman and fraudster (1941-2020)