from The Wall Street Journal:
A federal judge sentenced former WorldCom CEO Bernard Ebbers to 30 years to life in prison, saying that "Mr. Ebbers was the instigator" of the $11 billion accounting fraud at WorldCom.
Wednesday, July 13, 2005
MCI WorldCom's Bernnie Ebbers Heads to the Slammer!
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4 comments:
Bernie was on my flight from Atlanta to Jackson. He didn't seem all that happy and he was chewing on a cigar that looked like it had been through hell and back. It was funny. I had been watching him shove that photographer over and over all morning on CNN and then there he was looking like a man about to go to jail for the rest of his life.
Here's an interesting graph of the impact of the fraud on WorldCom stock price, according to the Stanford Consulting Group.
looks like he will be for life. GOOD. bastard committed the lasrgest fraud in history. i mean...what more do you need!?
jesus...i was thinking. he's convicted and sentenced for DECADES...uh, why's he still walking around?
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