Ebbers Gets 25 Years
Former CEO of WorldCom, Bernie Ebbers, was sentenced today to 25 years in prison for his part in an $11 billion accounting fraud, leading to the largest bankruptcy in U.S. history. Ebbers, 65, will begin serving his sentence in October.Though I believe justice is served after billions of dollars were pilfered from investors and thousands of livelihoods were completely destroyed, I am never joyful when a person is sentenced to spend the rest of their days behind bars.
Don't get me wrong, it is imperative that justice be served and people who willfully act contrary to the law, knowingly robbing other people of their life savings in order to line their own pockets, absolutely deserve the punishment they get. However, even in justice I find a unsettling feeling in the pit of my stomach. It's amazing to see just how many lives can be affected when man follows his natural bent toward sin--selfishness, greed, and dishonesty. When that occurs, it forces society into the unfortunate position of having to bring about such punishments. It is important that we do it, but there is something wrong if we revel in it.
At the end of the day, though, justice must be served. Today, it sounds as though it has.
Labels: David C. Price
posted by DAVID C. PRICE at 7/13/2005 12:50:00 PM
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