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Bernie Bites the Big One (#2051)
Posted: 7/28/2006; 5:02 PM by Terry Frazier
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Former MCI/Worldcom boss Bernie Ebbers loses his appeal to a conviction and 25-year prison sentence. Let's hope Bernie gets to spend some quality time in one of the state institutions. Builds character and all that, don't you know...

BBC NEWS | Worldcom's ex-boss loses appeal

A federal appeals court in New York on Friday upheld the guilty verdict passed by the jury in Mr Ebbers' original trial back in March 2005.

The convictions against Mr Ebbers relate to his part in an $11bn (£6bn) accounting fraud at the telecoms firm.

The appeals court verdict may now lead to Mr Ebbers starting his jail term.

Since last year the 64-year-old has remained on bail pending the appeal.
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