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To: Elroy who wrote (67382)	3/15/2005 3:54:51 PM
From: Amy J	Read Replies (1) \| Respond to of 77400

Ex-WorldCom Chief Ebbers Convicted of Fraud Tuesday March 15, 3:47 pm ET By Erin Mcclam, Associated Press Writer Former WorldCom Chief Ebbers Is Convicted on All Counts Related to Accounting Fraud NEW YORK (AP) -- Bernard Ebbers, who built WorldCom from a humble Mississippi long-distance firm into one of the nation's biggest telecommunications conglomerates, was convicted Tuesday of engineering the colossal accounting fraud that sank the company. A federal jury in Manhattan deliberated eight days before returning guilty verdicts on all counts -- one count of conspiracy, one count of securities fraud and seven counts of false regulatory filings. The crimes carry up to 85 years in prison. ... "He's never told me he made an entry that wasn't right," Ebbers said of Sullivan. "If he had, we wouldn't be here today." ... Twelve former directors of the company, plus some investment banks that underwrote WorldCom securities and auditing firm Arthur Andersen, also face a civil trial brought by angry investors. biz.yahoo.com