Ex-Worldcom CFO Scott Sullivan will be sentenced tomorrow. But to what?
Nine years, according to the average of predictions from an extremely informal poll of the nine editors and writers at CFO and CFO.com that I could find this afternoon. The harshest prediction was 15 years, the most lenient, five. But 10 was the most common pick (four editors, plus one who chose 8 years "just to be different").
Ex-Worldcom CEO Bernie Ebbers got 25 years, but underlings who testified against him—as Sullivan did—got significantly less. Accounting manager Troy Normand got three years probation. Accounting manager Betty Vinson got five months in jail and five months house arrest (the 'Martha Stewart sentence,' to coin a phrase).
Controller David Myers got a year and a day, as did Director of General Accounting Buford Yates. (The extra day actually may shorten their sentence by making them eligible for time off for good behavior. There's no parole for federal sentences.)
Does the headline on this say "Pool?" I meant to type "Poll." Really.