Front Office Football Central  

Go Back   Front Office Football Central > Archives > FOFC Archive
Register FAQ Members List Calendar Mark Forums Read Statistics

Reply
 
Thread Tools
Old 07-13-2005, 10:58 AM   #1
cartman
Death Herald
 
Join Date: Nov 2000
Location: Le stelle la notte sono grandi e luminose nel cuore profondo del Texas
Bernie Ebbers gets 25 years

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).
__________________
Thinkin' of a master plan
'Cuz ain't nuthin' but sweat inside my hand
So I dig into my pocket, all my money is spent
So I dig deeper but still comin' up with lint

cartman is offline   Reply With Quote
Old 07-13-2005, 11:12 AM   #2
Flasch186
Coordinator
 
Join Date: May 2002
Location: Jacksonville, FL
kudos to the powers that be for not slappin' him on the wrist.

sorry for the duplicate thread....
__________________
Jacksonville-florida-homes-for-sale

Putting a New Spin on Real Estate!



-----------------------------------------------------------

Commissioner of the USFL
USFL
Flasch186 is offline   Reply With Quote
Old 07-13-2005, 11:16 AM   #3
Critch
lolzcat
 
Join Date: Oct 2000
Location: Herndon, VA
As a former MCI/WorldCom employee, I say WooHoo!!
Critch is offline   Reply With Quote
Old 07-13-2005, 11:46 AM   #4
Crapshoot
Grizzled Veteran
 
Join Date: Dec 2003
Yeah, there was little doubt of this. He was guilty as stone - hell, some of it isn't even public.

Last edited by Crapshoot : 07-13-2005 at 11:47 AM.
Crapshoot is offline   Reply With Quote
Old 07-13-2005, 11:51 AM   #5
flere-imsaho
Coordinator
 
Join Date: Sep 2004
Location: Chicagoland
Quote:
Originally Posted by cartman
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.
flere-imsaho is offline   Reply With Quote
Old 07-13-2005, 01:24 PM   #6
Blackadar
Retired
 
Join Date: Oct 2000
Location: Fantasyland
BURN IN HELL BERNIE!!!
Blackadar is offline   Reply With Quote
Old 07-13-2005, 01:24 PM   #7
Blackadar
Retired
 
Join Date: Oct 2000
Location: Fantasyland
I hope he gets ass-raped repeatedly.
Blackadar is offline   Reply With Quote
Old 07-13-2005, 01:27 PM   #8
duckman
Pro Starter
 
Join Date: Oct 2000
Location: Muskogee, OK USA
Quote:
Originally Posted by Blackadar
I hope he gets ass-raped repeatedly.

I doubt he goes to pound-him-in-the-ass prison.
__________________
Quote:
Originally Posted by Thomas Sowell
“One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.”
Quote:
Originally Posted by Alexis de Tocqueville
“Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.”
duckman is offline   Reply With Quote
Old 07-13-2005, 01:48 PM   #9
Ksyrup
This guy has posted so much, his fingers are about to fall off.
 
Join Date: Nov 2000
Location: In Absentia
I hope he only gets the 2nd tier cable package without Skinamax.
__________________
M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete."
Ksyrup is offline   Reply With Quote
Old 07-13-2005, 01:49 PM   #10
CraigSca
Pro Starter
 
Join Date: Jul 2001
Location: Not Delaware - hurray!
Kudos to the justice system and the government investigators.
__________________
She loves you, yeah, yeah, yeah, yeah!
She loves you, yeah!
how do you know?
how do you know?

CraigSca is offline   Reply With Quote
Old 07-13-2005, 03:16 PM   #11
flere-imsaho
Coordinator
 
Join Date: Sep 2004
Location: Chicagoland
Quote:
Originally Posted by CraigSca
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.
flere-imsaho is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump


All times are GMT -5. The time now is 09:07 AM.



Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.