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Webster's New World Finance and Investment Dictionary » Sullivan, Scott
Sullivan, Scott
Sullivan, Scott definition - finance
The
former chief financial officer of WorldCom Inc., whose accounting machinations
plunged the company into bankruptcy and resulted in his being indicted, in
April 2003, on federal charges of defrauding banks out of billions of dollars
that were given as loans. He was accused of lying to the banks when he attested
to the accuracy of financial statements that the government has alleged were
fraudulent.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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