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Financial

Ebbers to Be Sentenced Today

Disgraced former WorldCom CEO Bernie Ebbers, already found guilty of perpetrating a massive fraud at the carrier now known as MCI Inc. (Nasdaq: MCIP), will be sentenced today at the U.S. District Court in the Southern District of New York (see Ebbers: GUILTY!).

But no matter how long a stretch he gets from U.S. District Judge Barbara Jones, there's a still a chance Ebbers, who recently settled a class action lawsuit, will walk free from the court today (see Ebbers Gives It Up). His legal team is set to lodge an appeal, and Ebbers, who has been suffering from a heart condition, might avoid incarceration during that appeal process.

He faces up to 85 years in prison, and, for many Light Reading readers, spending the rest of his life behind bars is the only worthy sentence that could be handed down (see Readers Want Jail for Ebbers).

Keep checking this site today for an update on Ebbers's fate.

— The Staff, Light Reading

Lite Rock 12/5/2012 | 3:08:09 AM
re: Ebbers to Be Sentenced Today Take two skip steps to jail.

I hear some of the Federal prisons have some really good clinics and doctors.

I also hear that there are lots of really loving God centered men behind bars. Maybe just maybe Bernie will have a chance to get his life together behind bars.

Time to reflect is not a bad thing.

Maybe some of his 100 character witnesses will come and visit him in jail? Then Bernie won't be so lonely and his friends may even get something out of it as well. There are some great prison ministry programs out there. Maybe they could volunteer to help out?

Cheers!
Lite Rock 12/5/2012 | 3:08:08 AM
re: Ebbers to Be Sentenced Today "Jones ordered Ebbers to report to prison on Oct. 12. She said she would recommend Ebbers be designated to the federal prison in Yazoo City, Miss., close to his home."

If anyone wants to be his Pen Pal... Here is the info:

FCI Yazoo City
P.O. Box 5050
Yazoo City, Mississippi 39194
601-751-4800
Fax: 601-751-4905


Looks like it' going to be easy for his friends to visit too!

Gosh, I hope they don't allow conjugal visits? That just wouldn't be justice.

Cheers

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