|
|
Richard C. Breeden July of 2002, Richard C. Breeden (born 1949) was appointed to act as Corporate Monitor of WorldCom, Inc. on behalf of the U.S. District Court overseeing the case involving historys' largest corporate fraud and the largest bankruptcy in U.S. history. In this capacity he has been responsible for overseeing efforts to insure that fraudulent activities, self dealing and financial abuse at WorldCom have been halted, and for recommending new systems of corporate governance and compensation. In June 2003, while still serving at WorldCom, the board of directors of Hollinger International Inc. asked Mr. Breeden to lead an investigation into insider abuses at the company. The WorldCom assignment reflects in part Mr. Breeden?s extensive and longstanding experience in issues of corporate governance and corporate financial, legal and ethical responsibilities. During his professional career he has been a law school instructor, a practicing lawyer, an economics and policy advisor to the Vice President and then the President of the United States, Chairman of the U.S. Securities and Exchange Commission, a senior partner of an accounting firm, CEO of a successful public company and head of his own turnaround and workouts firm.
|
 |