Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Tycoon Ebbers to begin jail term

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread		 This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
 
acmejack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-26-06 07:10 AM
Original message
Tycoon Ebbers to begin jail term
Former Worldcom boss Bernard Ebbers will report to prison on Tuesday to start his 25-year jail sentence.

Ebbers was convicted of fraud and conspiracy for his role in an $11bn (£5.8bn) accounting scandal that led to the collapse of Worldcom in 2002.

Ebbers was ordered to arrive at a federal prison on 26 September but the location has not been revealed.

The earliest date at which Ebbers will be released is 2028, by which time he will be over 85 years old.

http://news.bbc.co.uk/2/hi/business/5380458.stm
Printer Friendly | Permalink |  | Top
soothsayer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-26-06 07:12 AM
Response to Original message
1. Can't be much different than the double-wide trailer he lives in
now. Honestly, as a lowly MCI employee I could see that guy was a walking ponzi scheme from day 1. I'm glad the hubris of his tiny company trying to swallow huge mci is what took him down. Dumbass.
Printer Friendly | Permalink |  | Top
 
Elidor Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-26-06 07:21 AM
Response to Original message
2. What a coincidence
Jack Abramoff reports to prison next Tuesday as well. Alas, he'll be getting out a lot sooner than Bernie.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Apr 23rd 2024, 07:39 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC