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| 5/25 |
| 2005/7/13-14 [Politics/Foreign/MiddleEast/Iraq] UID:38606 Activity:high |
7/13 25 years! Jacques de Molay, you are avenged!
http://news.bbc.co.uk/2/hi/business/4680221.stm
\- if i were king, i would approve.
\_ Partha, you will always remain our Once and Future motd king.
\_ You can't imagine how depressed it makes me to realize psb
turned out to to have a soul of a small time oriental despot.
-- ilyas
\- i guess STALIN makes POL POT look small time? although
if you measure in terms of fraction of your country
killed, mr. pot does pretty well. you may also wish to
see the War of the Triple Alliance.
see War of the Triple Alliance.
\_ I think the only distinction between Pol Pot and
Stalin was that Stalin was placed in a position
where a wider application of power was possible,
not any sort of tangible moral difference. -- ilyas
\- i wasnt not talking about moral difference.
i was a little surprised pol pot is considered
"small time" in ilyas world. BTW, i think you
are misunderstanding my somewhat tongue in cheek
comment about pol pot. but i am touched my your
disillusionment with me. --psb
\_ Well, I asked you once if you were kidding.
You said you weren't. Are you tongue in cheek
or not? Words mean things, etc. -- ilyas
\- roughly this is what i mean: if i were a
absolute despot, i think i would be
inclined to somewhat arbitrarily punish
people whose lifestyles i disapproved of.
this doesnt mean people who wear glasses
or engage in sodomy or other thing violating
dogmatic views of morality but people i
consider decadent. spending $6000 on a
shower curtain would merit punishment.
\_ Well, that might make you better than
Pol Pot or Stalin, who had somewhat broader
tests for applications of power. On the
other hand, to paraphrase someone I know,
who are you to tell me how big a car I
should drive or how big the breasts of my
wife should be, etc? Is this grounded in
aesthetics for you or what? -- ilyas
\_ So when's the marriage to Linsey
Dawn McKenzie, ilyas?
\_ What is this person famous for,
other than having large boobs?
\_ Use google and find out!
\_ What's it like to go through life
without a sense of humor?
\_ I asked him twice if he is joking
or not. I don't think he's joking
anymore, I think he really would
put 'plutocrats' and 'degenerates'
to the torch. The joke's on you.
-- ilyas
\_ hey, you just stomped on dan's
post, and you use vi.
\- i didnt say degenerates
or plutocrats. i wouldnt have
bill gates killed. i would
have the decadent punished
not preverts and all rich
people. trump gets put in
concrete and urinated upon.
bill gates just gets anti-
trust enforcement. --psb
\_ Anyways, sense of humor
guy, I await your apology.
(Btw, sorry for stomping
your post dan, if it was
me). -- ilyas
\- i think you are lacking
a sense of humor about
this too. but maybe it
is because you have
some trauma associated
with growing up in
russia? i can understand
somebody from cambodia
not thinking this is a
good way to make a point
\_ Look partha, I am going
to put this as kindly
as I can. Why have you
been yanking my chain
for 2 threads now?
Is this how you troll?
If you claim to be
serious then I assume
you are, and sense of
humor is not an issue.
I guess what I learned
today is I can't take
any answer of yours
seriously, which is
also kind of
depressing. This
whole "I was joking
after all" thing is
pure wankery on your
part, imo. -- ilyas
\-was not intending
to yank your chain.
although now i am
sort of amused.
i think it is an
interesting state
of affiars to say
that i would get
more milage out of
punishing people
than say looting
the country if i
were given the
keys to the kingdom.
do you love pushkin? |
| news.bbc.co.uk/2/hi/business/4680221.stm Printable version Worldcom's ex-boss gets 25 years Bernie Ebbers Bernie Ebbers leaves the Manhattan court after sentencing Former Worldcom boss Bernard Ebbers wept openly as he was sentenced to 25 years in jail for his part in the scandal which brought down the firm. The 63-year-old was also guilty of seven counts of filing false documents . The sentence was handed down by federal judge Barbara Jones, who earlier this week rejected his bid for a new trial. The sentence was the toughest yet in a string of corporate scandals in th e US. The jail term effectively satisfies pleas from prosecutors for a life sen tence to be imposed on Mr Ebbers. Mr Ebbers will begin serving his sentence at a federal prison in Yazoo Ci ty, Mississippi, situated close to his home. However, Judge Barbara Jones said she did not believe his heart condition was sufficiently serious to warrant a reduced sentence. A sentence of anything less would not reflect the seriousness of the crim e Barbara Jones, Federal Judge She also rejected his lawyers' contention that the government overstated the losses that investors suffered in the fraud. And she rejected their contention that Mr Ebbers was not a mastermind of the accounting wrongdoing. Mr Ebbers "was clearly a leader of criminal activity in this case," the j udge said. "A sentence of anything less would not reflect the seriousness of the cri me." Biggest bankruptcy Worldcom's collapse was the biggest bankruptcy in US corporate history. Some 20,000 workers lost their jobs, while shareholders lost about $180bn , when the company filed for bankruptcy protection. Kristie and Bernie Ebbers Kristie and Bernie Ebbers leaving the court on Wednesday A former Worldcom salesman, Henry J Bruin Jr, told the hearing in Manhatt an that the company's collapse had caused him "untold human carnage" and that he had suffered "sheer hell". Mr Ebbers is the first of six former Worldcom executives and accountants facing sentencing this summer. The remaining five have already pleaded guilty and agreed to co-operate i n the case against their former boss. On Monday, a judge backed a multi-million dollar settlement under which M r Ebbers must surrender most of his personal assets, including $5m in ca sh, to resolve a shareholder lawsuit. The settlement leaves Mr Ebbers' wife with about $50,000 of her husband's fortune, and a modest home in Jackson, Mississippi. Rise and fall Born in Edmonton, Canada on 27 August, 1941, Bernard Ebbers worked as a b asketball coach, teacher and warehouse manager before running a chain of motels from which he launched his stellar telecoms career. Profile: Bernie Ebbers He snapped up rivals and took advantage of the end of AT&T's monopoly whi ch enabled him to offer phone deals at bargain prices. With his fortune rapidly growing, in 1995 he paid 12bn for WilTel Netwo rk Services and changed its name to WorldCom. By mid-1999 WorldCom shares reached an all-time high and Mr Ebbers became the darling of Wall Street. "I believe God has a plan for people's lives, and I believe he had a plan for me," Mr Ebbers once said. President Bill Clinton once called him "the symbol of 21st Century Americ a" and said Mr Ebbers was "the embodiment of what I want for the future" . But in 2001, his attempts to buy larger rival Sprint were thwarted by reg ulators and worries about WorldCom's mounting debt began to emerge. Mr Ebbers quit the firm in 2002 after admitting borrowing money from Worl dCom to cover losses he incurred in buying its shares. |