Word: worldcom
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...Wimbledon, then blows her top at a BBC interviewer. Her male fans are surprised to find she plays tennis?who knew? KEN LIVINGSTONE London mayor allegedly pushes tabloid reporter over a wall. Britons are excited?they haven't had a two-fisted politician since Thatcher BERNIE EBBERS Ex-WorldCom CEO summoned by U.S. Congress. That whole bull market thing during the '90s? Never mind. It was an accounting error...
Thank God for Michael Newdow. If this plucky atheist hadn't stood up for what he believes in, we might still be talking about things that have lasting impact, like the financial meltdown of WorldCom. We might be rehashing news of terrorist threats, or babbling about homeland security, or remembering that there's a World Cup going on. So for cleverly distracting us from these unpleasant topics, Newdow is our person of the week...
...Over the past five years, TIME chronicled the rise and fall of WorldCom and the man who built the company from a small Mississippi operation into the second-largest telecom in the U.S., Bernie Ebbers. Complete coverage from TIME, CNN and FORTUNE below...
...TIME: Bernie's Deal WorldCom makes a bold $30 billion stock offer for MCI in what could be the biggest takeover ever and establish the upstart as a rival to AT&T 10/13/97...
...WorldCom in Accounting Trouble...