Wednesday, March 16, 2005

Don't Believe in Your Company Too Much. Be careful -- what seems to be a sure thing can blow up in your face. [The Motley Fool] 8:25:06 AM    comment [] Ebbers, on Witness Stand, May Have Lost His Case. Faced with spending the rest of his life in prison, Bernard J. Ebbers had to take the stand, but his evasive testimony hurt him. By By JONATHAN D. GLATER and KEN BELSON. [NYT > Home Page] A jury that does the right thing is so refreshing.  I hope there were a LOTS of CEOs,CIOs and CFOS reaching for the Maalox bottles last night.  For this guy to try and hide behind the "I don't do math" defense still just burns me.  All those people who lost their jobs and the unknown impact on an industry and the only thing he can come up with is "I'm just a poor country boy and the city slickers fooled me."  My opinion is he deserves hard time in a maximum security prison.  What he did, motive and cupability is as serious as the type of crime lots of "poor city folks" go to prison for. 6:57:29 AM    comment []

© Copyright 2005 Judy Smith. Last update: 4/22/2005; 5:23:06 PM.