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Bye Bye Bernie!

  1. Jul 2, 2005 #1
    Former Worldcom boss Bernie Ebbers, found guilty of fraud and conspiracy in connection with the firm's demise, has given up most of his assets in a deal.
    He will surrender the majority of his cash, his home and other assets in a settlement with legal authorities and investors in the bankrupted firm.

    The 63-year-old, who was also found guilty of seven counts of filing false documents, could face life in jail.

    http://news.bbc.co.uk/2/hi/business/4641123.stm
     
  2. jcsd
  3. Jul 2, 2005 #2

    FredGarvin

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    Science Advisor

    There is justice in this world.

    Good riddance to bad rubbish.
     
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