Bernie Ebbers Gets 25 Years

As the guy who helped perpetrate the biggest fraud ($11 billion or so) in the history of US business, this is fair. Ebbers was convicted in March on nine counts of fraud. “I find that a sentence of anything less would not reflect the seriousness of this crime,” said Judge Barbara Jones who handed down the sentence in U.S. District Court in Manhattan. You can get more details on how the fraud started in Broadbandits: Inside the $750 Billion Telecom Heist. My coverage of telecom scandals!