Posted 12:54 AM by Robert

WorldCom Indictments

In another example of how federal prosecutors usually proceed when they see what appears to them to be clear, serious and egregious fraud, prosecutors reportedly plan to criminally charge former officers of WorldCom Inc. sometime next week.

Of course, mere indictments aren't convictions.

But this is what federal prosecutors do when they feel they can win the case. The judge and jury often see things differently.

As Mr. Ebbers' lawyer points out, there is, in fact, a kind of "howling mob" out for these people. And that kind of thing can be a problem in securing justice.

But massive crimes normally produce howling mobs. That doen't mean the crimes weren't committed by the people charged.