News Bye Bye Bernie!

  • Thread starter Rabid
  • Start date
60
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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
 

FredGarvin

Science Advisor
5,050
6
There is justice in this world.

Good riddance to bad rubbish.
 

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