Research Paper On Bernard Ebbers

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Recommended: Worldcom accounting fraud

In the public eye, Bernard Ebbers seemed like an ideal pillar of the community in which he worked in. Ebbers volunteered and was engaged religious functions, served meals to the needy, lived in a modest house and invested most of his wealth in company stock (Johnston n.d.). Bernard Ebbers did all of these good acts in the in public eye, but behind the doors of WorldCom Bernard Ebbers ran the company with fear, intimidation, and manipulation in order to get the result he wanted. This can clearly be seen with Ebbers offering loans to other executives in order to retain high stock prices (Treviño, 2005). Ebbers wanted this in order to use the stock as a tool to fiancé all of WorldCom’s mergers and buyouts. Ebbers was adamant about cutting and

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