Billion Beast Of Financial Terror
Looks To Eat Prison Bars For 70 Years by
Cliff McKenzie, Editor
ZERO PLUS 1281 DAY--New York, NY, Wednesday,
March 16, 2005--Bernard
J. Ebbers fraudulently orchestrated an $11 billion fraud to
boost World Com stock in the 1990s. Yesterday he was found guilty
of seven counts of various forms of fraud. Each count carries
a penalty of up to ten years, putting him at risk of spending
the rest of his life in prison.
At age 63, that's a life
J. Ebbers former CEO of World Com was found guilty of
Called "white collar
crime," top executives who cook the books and manipulate
the economy of a company are often thought of as different from
the street thug who shoves a gun in your face and steals your
money, or a home invasion madman who bursts through the door
and ravages the house while holding family members in terror
during the pillage.
But in the truest sense,
Ebbers, former CEO of World Com, and other Corporate Terrorists
are even more insidiously evil than someone with the guts to
stand face-to-face while ripping you off.
Bilking tens of thousands
of people out of their savings, crashing stock values that may
contain the hope for a child's college education or a person's
retirement, smashing a person's job by removing it as part of
corporate cuts, are all acts of an unconscionable Beast of Terror
swinging his talons wildly through a crowd of innocent people
in search for the most tender morsels and uncaring about all
the waste and carnage he creates to acquire it.
Ebbers is the highest
top executive to be convicted of cooking the books. He duped
investment bankers who sold stocks and bonds to investors, and
the $11 billion will never be returned to those victims of his
So why shouldn't Ebbers
be sentenced to a maximum security, hard-core prison with the
lowest of lowlife scum criminals? He should.
Just because his worth,
kited by his own accounting, once soared upward of $1 billion
doesn't give him a chit to a high-class jail where country-club
surroundings try to hide the fact there are fences and bars
hidden in the ivy walls surrounding the club house.
is a Beast of Financial Terror
Ebbers is a Beast of
Financial Terror. He's just as vile and corrupt as someone holding
a gun to a child's head, for the worst part of his crime is
the violation of "trust." Top executives in public
companies carry with them a fiduciary to honor their stockholders.
Stockholders in America and the world can be the average American,
a family who puts its faith in a retirement or buying company
stock in hopes that one day it will grow into a tree of security
and funding for the family's future use.
Ebbers and people like
him become "fathers" or "mothers" and their
role as the "head" of the corporate family is to protect
their "children," the stockholders, investors and
employees who count on the company's security and evolution.
When the head of the
company sets out to violate the trust of the "family members"
he's no different than the father who beats his children. He
should be treated with the same ferocity as the crime he commits.
are needed to support the VigilanceVoice. Send $1
or more, either through PayPal below, or in cash or check. You can also
help by investing in a local ad in your community paper promoting the
Principles of Vigilance and how to overcome
Go to Donation Page
For More Information