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Ebbers Sentenced: See You in 2030

NEW YORK -- Former WorldCom CEO Bernie Ebbers today was slapped with a 25-year sentence for his role in an $11 billion corporate scandal, the largest of its kind in U.S. history.

U.S. District Court Judge Barbara Jones said during the sentencing that she had taken into account Ebbers's age, health, and charitable works. While Ebbers faced the possibility of an 85-year sentence, Judge Jones said it would have been "excessive" to force the 63-year old man to spend anything more than 30 years behind bars.

However, she added: "A sentence of anything less would not reflect the seriousness of this crime."

Following the pronouncement, Ebbers, accompanied by his wife Kristie, declined to make any statement in court and remained tight-lipped as he made his way through a scrum of photographers and reporters outside. The former WorldCom CEO must report to prison on October 12th.

Reid Weingarten, Ebberss lawyer, said that he was “extremely disappointed” and “very upset” with the sentence handed down to his client. “This was not a good morning,” he said. However, he promised to pursue Ebbers’s appeal “as vigorously as possible” (see Ebbers Is Appealing).

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