More employees of dot-coms prefer cash to options

Article Abstract:

With the instability of the dot-com market, many internet companies have returned to compensating employees with cash instead of the once popular stock options.

Financial management, Personnel administration, Pension, health, and welfare funds, Pension Funds, Stock Ownership Plans, High technology industry, Compensation and benefits, Employee stock ownership plans

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In WorldCom case, the prosecutors won't bore jurors with accounting

Article Abstract:

Bernard Ebbers, WorldCom Inc. trial on fraud charges is to focus on conspiracy. The chief executive officer or the telecommunications giant deceived investors about the worsening financial condition of WorldCom Inc.

Police Protection, Fraud, Ebbers, Bernard J., Conspiracy

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At center of fraud, WorldCom official sees life unravel

Article Abstract:

David Myers of the former WorldCom Inc. telecommunications giant is giving evidence in the securities fraud trial, aiding prosecutors. Mr. Myers explains how he participated in the $11 billion fraud by putting aside misgivings and permitting false accounting entries.

Biography, Securities fraud, Personality profile, Evidence, Myers, David

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