March 15, 2005
Ebbers: Guilty on All Counts
Posted by Christine Hurt

The WSJ is reporting that Bernard Ebbers was found guilty on all counts:

Mr. Ebbers was found guilty of one count of securities fraud, one count of conspiracy, and seven counts of filing false statements with the Securities and Exchange Commission.

I'm running off to a workshop, but I'm sure that we'll have more analysis later at Conglomerate. Because of this verdict, Mr. Ebbers could spend the rest of his life in prison. Is that proportionate to the crime?

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