"CEO of WorldCom oversaw the largest corporate fraud in U.S. history, wept in court Wednesday when a judge sentenced him to 25 years in prison."

WorldCom's Ebbers Weeps at Sentence

By ERIN McCLAM,
Associated Press Writer
42 minutes ago

NEW YORK - Bernard Ebbers, who as the once-swaggering CEO of WorldCom oversaw the largest corporate fraud in U.S. history, wept in court Wednesday when a judge sentenced him to 25 years in prison — the toughest sentence yet in the string of recent corporate scandals.

Ebbers, now 63, would go to prison in October and not be eligible for release until he was 85. The sentence was handed down by Judge Barbara Jones of U.S. District Court in Manhattan three years after WorldCom collapsed in an $11 billion accounting fraud, wiping out billions of investor dollars.

"I find that a sentence of anything less would not reflect the seriousness of this crime," Jones said.

SOURCE - http://news.yahoo.com/s/ap/20050713/ap_on_bi_ge/worldcom_ebbers_54;_ylt=AgOQVpHsyGPl4g2MiSN.HenD_P0h;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl

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you know...

i once said to an old telecom boss...

i don't trust these celebrity CEO's and Executives...

i don't trust them implicitly based on their positions...

i don't trust them or their advice i read in magazines...

i mean...

the dot-com bust...

i mean...

the telecom-bust...

i mean...

for insiders with the best information...

wow...

they sure talk a lot of shit...