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To: Lizzie Tudor who wrote (10210)	5/16/2002 3:32:30 PM
From: BEEF JERKEY	Read Replies (2) \| Respond to of 11568

My view is that everything has been way blown out of proportion. I realize at the time Ebbers was trying to show faith in the company and the BOD bought into this. It's just who goes on Margin to the tune of 100's of Millions of $? Once the whole story came out I'm not surprised that it caused a crisis of confidence. The BOD should have realized the potential damage this loan would cause if it went south. If Ebbers had sold off stock to meet margin requirements it wouldn't have looked good, but he wouldn't have the first insider to sell and the situation could have been tempered with a statment explaining it. It would have been the sane thing to do. As it was I'm sure the rumor about his exposure didn't do him or the stock price any good because it was plainly reckless. A 1.5 mil pension ain't so much money in the world of High Executives but it might be better poetic justice if Ebbers got wiped completely out just like his investors. As it is though - you can't say he didn't get away unscathed. His life style has definitely took a hit.