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Decline of Accountability in America by frankj_92 is a document available to read on EtoBox.

What is Decline of Accountability in America about?

The document provides background on the largest corporate fraud in US history perpetrated by WorldCom and its CEO Bernie Ebbers. It summarizes that Ebbers maintained his innocence at trial but was ultimately found guilty due to his close involvement in the $12 billion fraud that bankrupted WorldCom. The fraud was part of a larger mania in the 1990s fueled by tax cuts, deregulation, and the growth of the internet that led many Americans and companies to prioritize personal gain over responsibility.

Author

frankj_92

Language

EN