NEW YORK - Bernard Ebbers, who built WorldCom from a humble Mississippi long-distance firm into a telecommunications titan, was convicted Tuesday of engineering the colossal accounting fraud that sank the company.The question now is, is Ebbers going to run? I'm sure he has millions stashed away, and since he's an older guy, this conviction will leave him in the pen effectively for the rest of his life. He really has nothing to lose by running. They should have taken him to jail right away.
A federal jury in Manhattan deliberated eight days before returning guilty verdicts on all charges including one count of conspiracy, one count of securities fraud and seven counts of false regulatory filings — crimes carrying up to 85 years in prison.
When the verdict was read, Ebbers' face reddened. His wife, Christie, and other family members broke into tears. Afterward, Ebbers and his wife hailed a taxi outside the courthouse and left without speaking to reporters.
Can you just imagine it? Ebbers has the world by the ass, more money than anyone could ever need, and he goes and throws the balance of his life into the toilet. What a total dumbshit.
By the way, this guy was a friend of Bush's. Wouldn't it be really funny if Bush pardoned him on his way out of the White House? It wouldn't suprise me a bit.
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