Inside the WorldCom Scam / DHS: Department of Hollywood Scams

Mar 05, 2008 on CNBC at 10:00 PM

Summary

(1) Bernard Ebbers, CEO of WorldCom, rises from rags to riches. But the "telecom cowboy" becomes the poster child for everything that went wrong on Wall Street in the 1990s. WorldCom's eventual downfall shakes the financial community and the lives of... (more) thousands of investors. - American Greed investigates one of the most notorious cases of corporate fraud in US history. (2) It reads like a Hollywood script: Joseph Medawar is a hotshot television producer. He creates a new action packed adventure series based on real-life national security cases. Investors fund the project. But there's no show.... only a scam to rob investors out of millions of dollars!

Previous episode

Deadly RX For Greed
Season 2 Episode 5

Feb 27, 2008

Next episode

The Rise and Fall of CyberNET
Season 2 Episode 7

Mar 12, 2008