JACKSON, Miss. -- With his company facing federal fraud charges and potential bankruptcy, WorldCom CEO John Sidgmore vowed to continue cutting costs following the revelation that the company hid $3.8 billion in expenses from investors...
...avoid bankruptcy and cooperates with government investigators probing nearly $4 billion in accounting improprieties. John Sidgmore blamed WorldCom's past management and the embattled company's former auditor, Arthur Andersen LLP, and pledged...
...company's stock. The four, including former President-Chief Executive Officer Bernard Ebbers and current chief John Sidgmore, will be summoned to appear at a July 8 hearing. The House Energy and Commerce Committee sent Sidgmore a letter Thursday...
...ultimately the board thought that taking this action was the best way to help the greatest number of people," CEO John Sidgmore said during at a news conference. "Frankly, it became the only way to provide for our company's future." Sidgmore...
...during that period was Arthur Andersen. "Our senior management team is shocked by these discoveries," said CEO John Sidgmore, who was appointed in April to replace Bernard Ebbers amid questions about the company's growth and finances. WorldCom...
...WorldCom's management and board are determined to ensure that what happened here in the past cannot recur," said John Sidgmore, WorldCom's president and chief executive. The Justice Department and the Securities and Exchange Commission are...
...company had assured him that Sullivan had said Ebbers had no knowledge of the transfers. WorldCom's current CEO, John Sidgmore, has said he did not know whether Ebbers, who received $400 million in loans from the company, had that knowledge...
...the three are partners with Ted Leonsis as part owners of the Washington Capitals) or jump into business again? * John Sidgmore, Michael Saylor and Steve Case. It may not be up to them, but the former WorldCom CEO, current MicroStrategy CEO...
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