March 16, 2005

WorldCom's Ebbers convicted of fraud | CNET News.com

If I've got this right, Ebbers, the crooked CEO of MCI/Worldcom, is going to jail and the SEC is charging the former officers of Qwest with fraud and the same crimes that Ebbers is guilty of. Qwest wants to buy MCI. If I were a big shareowner of these companies or Verizon, also vying to buy MCI, I'd want to be damn sure all the crooks in both Qwest and MCI have been found and tossed out.

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