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Execs arrested { August 1 2002 } Original Source Link: (May no longer be active)    http://www.reuters.com/news_article.jhtml?type=topnews&StoryID=1281208 http://www.reuters.com/news_article.jhtml?type=topnews&StoryID=1281208 Two Former WorldCom Execs Arrested Last Updated: August 01, 2002 09:24 AM ET Print This Article NEW YORK (Reuters) - Two former top executives of bankrupt telecommunications firm WorldCom Inc were arrested on Thursday for their role in the $3.85 billion accounting scandal that has rocked confidence in corporate America, an FBI spokesman said. Former WorldCom Chief Financial Officer Scott Sullivan and former Controller David Myers were being held at the FBI offices in lower Manhattan and are expected to be presented in Manhattan federal court later in the day. Details of the charges were not immediately available. WorldCom, which has been charged with fraud by the U.S. Securities and Exchange Commission, filed for the world's largest bankruptcy in July as it buckled under $40 billion in debt and the billion accounting scandal. The company fired Sullivan, who it alleged orchestrated the accounting debacle. CEO Bernie Ebbers resigned under pressure in April. The scandal at WorldCom, coming after the collapse of energy trader Enron Corp., fanned a political firestorm that led to new legislation signed by President Bush on Tuesday that quadruples penalties for accounting fraud. © Copyright Reuters 2002. All rights reserved. Any copying, re-publication or re-distribution of Reuters content or of any content used on this site, including by framing or similar means, is expressly prohibited without prior written consent of Reuters. Quotes and other data are provided for your personal information only, and are not intended for trading purposes. Reuters, the members of its Group and its data providers shall not be liable for any errors or delays in the quotes or other data, or for any actions taken in reliance thereon. © Reuters 2002. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world. www.reuters.com

Anderson convicted { June 15 2002 } Bankers charged in enrol scandal { September 18 2003 } Banks enron deals Banks hide loans { July 24 2002 } Bush signs bill to keep california power flowing Chase financied enron borrowed gold Cheney energy { January 27 2002 } Citigroup enron Citigroup skirt rules { July 23 2002 } Clinton ties Enron accounting chief pleads not guilty { January 22 2004 } Enron auditor crime { May 14 2002 } Enron baxter dead { January 26 2002 } Enron california prices { May 7 2002 } Enron california wp { May 7 2002 } Enron ceo ken lay to face criminal charges { July 7 2004 } Enron citi Enron employees discussing state of economy { June 8 2004 } Enron employees joke about stealing from grandma { June 2 2004 } Enron employees praise bush and ken lay { June 1 2004 } Enron fake floor { February 22 2002 } Enron frank wisner cia { October 28 1997 } Enron funds restitution impossible after lays death { October 18 2006 } Enron gouged customers over billion dollars Enron lies Enron linked securities sparked citibank lawsuit Enron must pat california one and half billion { July 16 2005 } Enron policy Enron southamerc { May 6 2002 } Enron taxes Enron timeline { July 8 2004 } Enron traders gloated over rigging market Enron traders joked about theft Enron witness says he plundered reserves Enrons skilling ex ceo surrenders to fbi Ex enron execs arrested { May 2 2003 } Execs arrested { August 1 2002 } Fastow 78 counts Fastow and wife plea bargain Fastow charged { October 3 2002 } First criminal trial involving enron executives Former enron official changes plea to guilty Goa whitehouse Investigate bankers { June 26 2002 } Judge approves lea fastow enron plea deal { January 8 2004 } Ken lay hooks bush with uzbekistan [jpg] Ken lay likely to walk { July 9 2004 } Ken lay major 2000 bush fundraiser { June 26 2004 } Ken lay suddenly dies of heart attack { July 5 2006 } Ken lay victim of wave of terror by prosecutors Kennedy lay and skilling going to trial Kennedy lay surrenders to FBI Lawsuit cheney Lay and skilling convicted securities fraud Lay gone Lay no direct wrongdoings { November 25 2003 } Lieberman enron Merrill reaches deal with enron affair { September 18 2003 } No indication that ken lay suffered bad health { July 5 2006 } Plead guilty { August 21 2002 } Prosecutors seek ken lay indictment { June 20 2004 } Sec wants documents from ken lay { September 29 2003 } Senate deadlline enron Senator tax report disturbing { February 12 2003 } Skilling accusing people being fbi agents Whitehouse enron { May 23 2002 } Whitehouse papers enron Whitehouse subpoenaed { May 22 2002 } Witness says execs heavily involved in enron Files Listed: 69

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