So much for the "I'm Stupid" defense.

[randomness]

Bernie Ebbers, formerly of Worldcom and the "I'm Stupid" defense, has been found guilty on all counts.

Comments

[cattitude.livejournal.com]

Now we get to see if the other executives' "I'm with stupid" defense works.

[jim-p.livejournal.com]

After having pulled jury duty recently, I think I know a "Hail Mary" defense when I see one...

[achinhibitor.livejournal.com]

The business press is reporting the astonishing development that boards of directors are not entirely wimps any more.

[r-ness.livejournal.com]

The shock!

[achinhibitor.livejournal.com]

Apparently it has something to do with the concept of "directors' liability".