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Feb 25, 2006 |Story| Zap2It
Feb 25, 2006 |Story| Zap2It
A collection of news and information related to WorldCom Incorporated published by this site and its partners.
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Last week, 35 public school teachers and administrators indicted for allegedly cheating to raise test scores in an Atlanta school district began turning themselves in to authorities. They may be the tip of the iceberg; a state investigation implicates 178...
Former Enron Chief Executive Jeffrey K. Skilling, who is serving a 24-year prison sentence for his part in the collapse of the energy giant, could win an early release under a possible deal with the Justice Department. Skilling was convicted in 2006...
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%......
One very scary year ago this week, we were tipping headfirst into an economic black hole that threatened to suck down the global economy. How did it happen? Congress has created a 10-member citizens commission to find out. At its head is Phil Angelides,...
DANIEL GROSS, who writes the "Moneybox" column for Slate, is the author of "Pop! Why Bubbles Are Great for the Economy."THE ONCE-buoyant housing market is clearly in trouble. Last year, housing prices around the country fell for the first year since the Depression. In Southern California, one of the epicenters of the housing and housing-credit bubble, the pain has been...
Times Staff WriterTwo distinct pictures of Phil Angelides, a Democrat running for governor, emerge from his record as state treasurer. There is the Angelides who campaigned in Santa Barbara for coastal protection -- and the one who took $143,200 in campaign checks from...
Today's topic: Would we be better or worse off now if the government had let General Motors and Chrysler slip into bankruptcy? Complete Dust-Up: Day 1 | Day 2 | Day 3 Chapter 11 for GM and Chrysler would make Lehman seem like a party Point: Dean...
Tampa Bay Times, St. Petersburg, Fla.A dozen years ago, lawyer Chris Cutler was among a small group of Securities and Exchange Commission staffers examining the books of relatively unknown Texas energy company Enron Corp. "When the SEC opened its investigation, three of us started going at...
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...
American VoicesPARIS -- A colleague mentioned earlier this week how thankful he is that he can tell anyone who deserves it to go take a flying leap. (Actually, his precise words are unprintable, but you get the idea.) At first glance, such uninhibited opinion-sharing...
Editor’s note: As part of its ongoing coverage for next Tuesday’s general election, The Herald-Mail asked the five candidates seeking three open Jefferson County magistrate positions the following questions: Question 1: What is your legal...
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...
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