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View Full Version : Bernie Ebbers gets 25 years

cartman
07-13-2005, 10:58 AM
Now, on to Ken Lay and the Enron guys...

hxxp://money.cnn.com/2005/07/13/news/newsmakers/ebbers_sentence/index.htm?cnn=yes

Ebbers gets 25 years
Former WorldCom chief, 63 years-old, could spend the rest of his life in prison.
July 13, 2005: 11:46 AM EDT

NEW YORK (CNN/Money) - Ex-WorldCom chief executive Bernard Ebbers was sentenced Wednesday to 25 years in prison.

Ebbers was convicted in March of orchestrating an $11 billion accounting fraud at WorldCom, one of the country's telecommunications companies. WorldCom's bankruptcy filing in 2002 ranks as the largest in U.S. history.

A federal jury in New York found Ebbers, 63, guilty of committing nine felonies. The crimes carry a maximum prison term of 85 years.

Ebbers had asked for leniency, arguing that his failing health, community service and personal financial losses from WorldCom's collapse warranted a lighter sentence.

WorldCom is now known as MCI (Research).
Flasch186
07-13-2005, 11:12 AM
kudos to the powers that be for not slappin' him on the wrist.

sorry for the duplicate thread....:(
Critch
07-13-2005, 11:16 AM
As a former MCI/WorldCom employee, I say WooHoo!!
Crapshoot
07-13-2005, 11:46 AM
Yeah, there was little doubt of this. He was guilty as stone - hell, some of it isn't even public.
flere-imsaho
07-13-2005, 11:51 AM
Ebbers had asked for leniency, arguing that his failing health, community service and personal financial losses from WorldCom's collapse warranted a lighter sentence.

I always love this part. It is as if the defendent is forgetting about all the people who lost their jobs and/or investments because of his criminal actions.
Blackadar
07-13-2005, 01:24 PM
BURN IN HELL BERNIE!!!
Blackadar
07-13-2005, 01:24 PM
I hope he gets ass-raped repeatedly.
duckman
07-13-2005, 01:27 PM
I hope he gets ass-raped repeatedly.
I doubt he goes to pound-him-in-the-ass prison.
Ksyrup
07-13-2005, 01:48 PM
I hope he only gets the 2nd tier cable package without Skinamax.
CraigSca
07-13-2005, 01:49 PM
Kudos to the justice system and the government investigators.
flere-imsaho
07-13-2005, 03:16 PM
Kudos to the justice system and the government investigators.

Probably the most overlooked point in these cases. We should congratulation the prosecution for making a case the jury could understand, and delivering a conviction. These trials were extraordinarily complex, and the government not only had to convince the jury of guilt, they had to make them understand the crime as well.