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Was it a fair sentence for Mr. Ebbers
Absolutely, 100%. I was a former WCOM Shareholder right up until the fraud was announced after the market closed, never an employee associated with any ties to the company. I lost over six figures on WCOM and probably one of the worst days of my life was having to break the news to my wife when she returned home from work one day that the stock was now valued at a mere 10 cents per share.
So Mrs. Ebbers, how would you compare your 11 hour drive every weekend to my children not being able to attend a decent four year college and start off life with an accredited degree of choice. I have no comments about hidden assets and could care less about money siphoned off to other accounts. Most people in prison are their for a reason and your husband is no exception.
Mr. Ebbers company and their illegal accounting methods at WCOM crushed more families dreams than you can imagine, and that is what I hope to Mr. Ebbers has to live with every day. It was a pleasant day when his sentence was announced in that court room and his white collar crime was given a sentence to remembered by all shareholders.
I will pray for your husband that he serves each and every day of his sentence and that no illness or heart condition reduces his time in prison.
I commend the judge for making an example of this case and pray only for the families and shareholders, especially the ex-employees, whose lives were damaged by this evil man.
To summarize, the look on my wife's face was 100 times worse than your 11 hour drive that hopefully you will have to make for the next 20 years and sit in a room with 200 other people.
Fred