State of Oklahoma vs. corporate scumbags

[RummyTheDummy]

Edmondson is a democrat who seems to be willing to do something that our crooked president won't do -- holding these corporate pigs accountable.
Instead of praising them for screwing their stockholders, he's trying to hold them accountable. What a novel concept. Apologies if this is a dupe.


Oklahoma sues WorldCom
2003-08-27
By John Greiner
The Oklahoman


http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=1&u=/nm/20030827/bs_nm/telecoms_mci_dc

Attorney General Drew Edmondson filed criminal charges today against WorldCom Inc., a huge telecommunications company, and six former employees.
In the charges filed in Oklahoma County District Court, Edmondson accused the company and employees falsifying information in its stocks and bonds.

" We allege the company and these six employees executed a scheme to artificially inflate t he value of WorldCom stock and bonds by intentionally falsifying information filed with the Securities and Exchange Commission, " Edmondson said. " Securities analysts and the investing public, including the state of Oklahoma, rely on this information when making investment decisions. "

[Love Bug]

1. Good for him!

Hope this goes somewhere. It could inspire other such lawsuits. Since all those bastards care about is money, this will get them where it hurts.

[ShaneGR]

2. I would register there but...

they ask you for EVERYTHING in their registration process. It's like a massive data mining operation. LOL.

[RummyTheDummy]

5. Yeah, sorry I forgot they do that.

Here's a yahoo link

http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=1&u=/nm/20030827/bs_nm/telecoms_mci_dc

[karlschneider]

6. There are plenty of OK sites to get more:

www.kotv.com
www.kjrh.com
www.ktul.com
the Tulsa paper www.tulsaworld.com probably has headlines but those
bastards make you pay to see anything but the front page and the classified ads.

[karlschneider]

3. Drew is actually one of the few decent politicians here in Oklahoma.

I've been friends with his family for 30 years. I called him and suggested going after Ken Lay - but it's problematic since Enron didn't have offices here like Worldcom did (does.)

[RummyTheDummy]

8. I have a feeling these folks don't know what they're in for.

Drew comes off as the country lawyer type but he is an absolute bear when he gets behind a cause. I remember him going on live tv-radio Sept. 11th threating to prosecute any price gouging service stations. Within two hours prices were back to normal. Next to our governor, he's my favorite Okie pol out there.

[plcdude]

4. this was in breaking news earlier

and I must say if we can do it then the other states should get going too.

[beanball]

7. Shrubs buddies

have no fear crooked friends of bushco.Mr.craftyasscroft will file charges against those crooks and the five clowns on the supremly blind court will set them free.Justice in homeland.

[RummyTheDummy]

10. Asscrack wouldn't charge any of these bastards.

He doesn't have the sack, plus, he's beholden to them.

[Spazito]

9. A note of interest...

this is being covered on my CTV Newsnet, the Canadian equivalent of CNN Headline News, and they are making a point of how the feds have done nothing on this issue.

[RummyTheDummy]

11. Shameless Okie state pride bump.

NT