Friday, November 25, 2005

National Post Lord Black fights back

National Post: "Lord Black faces up to 40 years in prison if convicted on all the charges.
Before he got into his car last night, he was asked whether he was worried about his own situation with former WorldCom CEO Bernie Ebbers being sentenced to 25 years in jail for his role in an accounting scandal.
He brushed off the comparison.
'There was a colossal bankruptcy, 50,000 people lost their jobs, tens of billions of dollars were lost and there was a $4-billion accounting fraud. Keep a little perspective, guys,' he said.
'This isn't Enron. This isn't WorldCom. This was a magnificent company that the people who seized it used as a platform in which to persecute and defame the people who built it. [They] have torn it apart and destroyed it at the expense of the shareholders.... Those are my thoughts for the evening.'"

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