Why Is Oklahoma Suing WorldCom?
from the cross-purposes dept
I’ve been reading articles all day today about the supposedly “big news” about Oklahoma filing criminal charges against former WorldCom execs including Bernie Ebbers and “WorldCom” itself. The press really has been having a field day with this, and I’ve started writing up about four different posts, each time stopping before I was done. Something about the case was bothering me, and I finally realized what it was. Why Oklahoma? Why is Oklahoma filing this lawsuit and not the federal government, who has already been investigating the case, and has already filed lawsuits against many of the same individuals. It appears that the Department of Justice is similarly confused. Basically, the rationale appears to be that Oklahoma’s attorney general feels WorldCom and its execs got off too lightly. That may be true, but it seems that a series of separate legal cases involving WorldCom are only going to confuse matters at this point.