"Inside The WorldCom Scam / DHS: Department Of Hollywood Scams"
Date Aired:
Mar 04, 2008 (United States)
American Greed S2E6
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Case 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.[5] WorldCom's eventual downfall shakes the financial community and the lives of thousands of investors. Case 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 is no show, only a scam to rob investors of millions of dollars!