13-07-2005 21:12									#1
	WorldCom's Ebbers Gets 25 Support Apolyton, buy Galactic Civilizations

Nice. lock him up. now get ken lay and the rest of enron in there too. they can share a cell.

quote: Ebbers gets 25 years Former WorldCom chief, 63 years-old, could spend the rest of his life in prison. NEW YORK (CNN/Money) - Ex-WorldCom chief executive Bernard Ebbers was sentenced Wednesday to 25 years in prison for his role in orchestrating the biggest corporate fraud in the nation's history. Ebbers was convicted in March of orchestrating an $11 billion accounting fraud at WorldCom -- the biggest of a wave of corporate book-cooking. The company filed the largest bankruptcy in U.S. history in 2002. Ebbers, 63, was convicted in March of nine felonies that carried a maximum prison term of 85 years. The stiff sentence for Ebbers amounts to the largest ever for an executive accused of committing corporate crime. U.S. District Court Judge Barbara Jones ordered Ebbers to begin serving his sentence in October. It's not yet known where he will be incarcerated, but the Bureau of Prisons has a policy of placing inmates within 500 miles of their homes, if possible. In issuing the sentence, Judge Jones recommended a prison in Yazoo City, Miss. 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).

	13-07-2005 22:57									#2
	Support Apolyton, buy Alpha Centauri

Good stuff. Next is Enron. They are probably building one Hell of a case against Ken Lay as we speak. That should be fun.

	13-07-2005 23:31									#3
	Remove this text

i have no remorse for these guys

	14-07-2005 00:35									#4
	Put an end to popups!

agreed. White collar crime has been treated too lightly for too long. The impact on a wide range of people (employees, customers, citizens, etc) by unethical executives can be far reaching and devastating.

	14-07-2005 04:00									#8
	Support Apolyton

Kuci must be upset that jail cells only have one bathroom/toilet .

	14-07-2005 04:24									#9
	Get a bigger avatar today!

quote: Originally posted by Kuciwalker

	14-07-2005 04:43									#10
	Support Apolyton buy from Amazon

1 year for each $440,000,000 lost to his fraud. Seems a little light.

Let's make it 1 year for each $4.4 million lost, or 2,500 years total.

	14-07-2005 04:45									#11
	Inflate your Upload Space

quote: Originally posted by Imran Siddiqui Kuci must be upset that jail cells only have one bathroom/toilet .

Oerdin was supposed to respond to that. It would've made the thread much more amusing.

	14-07-2005 04:54									#12
	Support Apolyton, pre-order Civilization IV

He's not around it seems... I filled in for him

	14-07-2005 04:58									#13
	Support Apolyton or Terrorists Win

He'll be dead before he reaches the slammer.

	14-07-2005 05:01									#14
	Support Apolyton buy from Amazon

quote: Originally posted by Imran Siddiqui He's not around it seems... I filled in for him

Well, except for the "amusing" part

	14-07-2005 05:04									#15
	Increase the size of your Attachments

Still better than MrFun (though not a lot), wouldn't you say.

	14-07-2005 05:05									#16
	Enter the AD-FREE zone

Talk about damnation by faint praise...