NEW YORK - It was the stiffest sentence yet in the recent spate of corporate scandals — a term tough enough to reduce once-swaggering former WorldCom chief Bernard Ebbers to tears in the courtroom.
A federal judge sentenced the 63-year-old ex-CEO to 25 years in prison on Wednesday for orchestrating the $11 billion accounting fraud that toppled the telecommunications firm three years ago.
Ebbers, an imposingly tall man with buzzed white hair, leaned forward in his chair and cried, sniffling audibly, after Judge Barbara Jones of Manhattan federal court read his penalty.
"I find that a sentence of anything less would not reflect the seriousness of this crime," the judge said.
Thursday, July 14, 2005
Bernie Ebbers was arrogant. He told his Sunday School class that he was innocent. Less than a rant, this is just an insight into the arrogance that has crept into white male christianity.