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Ex-WorldCom CEO Ebbers sentenced to 25 years [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-05 10:43 AM
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Ex-WorldCom CEO Ebbers sentenced to 25 years
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Edited on Wed Jul-13-05 10:47 AM by UpInArms
http://www.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38546.4863698727-838302246&siteID=mktw&scid=0&doctype=806&

SAN FRANCISCO (MarketWatch) -- Bernard Ebbers, the former chief executive officer of WorldCom Inc. (MCIP) , was sentenced to 30 years in prison on Wednesday, almost three years after the telecommunications company collapsed in a massive accounting fraud, the Wall Street Journal reported on its Web site. Ebbers was convicted in March of all nine counts against him, including conspiracy and securities fraud, related to the $11 billion scandal, the Journal noted.

...very short blurb...

Wonder if Trent Lott will give back any money :rofl:

edited to add (and change title line):

11:43am 07/13/05 EBBERS SENTENCE IS CHANGED TO 25 YEARS -- CNBC
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