Search the Archive

Corporate Corruption / WorldCom Executives / Employees #707132

ABC Evening News for Thursday, Aug 01, 2002
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Elizabeth Vargas) Report introduced.

(Justice Department: Pierre Thomas) The arrest of two former WorldCom corporate executives CFO Scott Sullivan† & controller David Myers†† featured; details given of the specific charges. [Attorney General John ASHCROFT - outlines the message to corporate executives.] [FBI director Robert MUELLER†- says corporate fraud has criminal consequences.] ["Rothenberg Political Report" Stuart ROTHENBERG†- says the administration understands the political importance of charging white-collar criminals.] [Sullivan's attorney Irv NATHAN†- says we regret the political overtones in the case.]

(Studio: Elizabeth Vargas) "The Bottom Line" for the WorldCom employees introduced.

(New York: Dan Harris) "Financial Times" study on how much top corporate executives took home examined; salaries for WorldCom, Enron & Global Crossing CEOs outlined on screen; details given of the plight of laid-off WorldCom employees; scenes shown of Sullivan's mansion. [Former employee Donna BALDWIN†- says she is left with despair.] ["Financial Times" United States managing director Lionel BARBER†- says the top individuals walked away with millions.]

Harris, Dan;
Thomas, Pierre;
Vargas, Elizabeth

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.