I read a story the other day about a woman being jailed for contempt because she couldn’t afford a probation fee or something like that.
This guy is involved in a MAJOR accounting scandal and gets basically a warning and a $5,000 fine?
I am sorry but how much sense does it make that we jail more people than anyone else in the world, yet somehow the big fish get by with slaps on the wrist?
The American justice system is flipped on its head, rabidly locking up petty non-violent criminals for things like possession while simultaneously cutting sweetheart backroom deals for major financial fraud.
Matt, under certain circumstances two years of probation could be close to two years of house arrest.
I think that the individual is basically blocked from travelling out of state which, for a corporate executive, dramatically reduces their desireability to a future employer – along with the felony conviction.
Plus, the cost of defense means his kids and (ex-) wife are probably living with her mother or under greatly reduced circumstances.
So, even though he doesn’t face hard time, his life will be forever changed, along with those of his family.
Also keep in mind that he fully cooperated with the investigators and the info he provided likely aided in those other convictions…and that likely a deal was made early on.
Also keep in mind that he fully cooperated with the investigators and the info he provided likely aided in those other convictions…and that likely a deal was made early on.
Gents,
You all missed the point.
He effectively STOLE $500 MILLION DOLLARS
And what’s the justice system gonna do ?
(get this:)
Fine him $5000. (that’s less than chump change) and ask him to serve coffee in a Salvation Army center.
His worst “punishment” will be having to smell some urine-drenched winos, while he gets away with his crime.
I think you are making two separate points here Matt. We don’t know the circumstances surrounding his deal and do no know how involved he was with the scandal, so it is truly hard to judge there. Your second point about the U.S. locking up more people than anyone else in the world, for mostly minor non violent crimes and drug charges is absurd……. but to compare the two is apples and oranges.
The impact of this sentence is more cynicism about the difference in justice based upon “class” and the lack of deterrent on others moved to this kind of dishonesty. The good people of China will likely go a long time before business people knowingly sell tainted milk.
I read a story the other day about a woman being jailed for contempt because she couldn’t afford a probation fee or something like that.
This guy is involved in a MAJOR accounting scandal and gets basically a warning and a $5,000 fine?
I am sorry but how much sense does it make that we jail more people than anyone else in the world, yet somehow the big fish get by with slaps on the wrist?
The American justice system is flipped on its head, rabidly locking up petty non-violent criminals for things like possession while simultaneously cutting sweetheart backroom deals for major financial fraud.
Matt, under certain circumstances two years of probation could be close to two years of house arrest.
I think that the individual is basically blocked from travelling out of state which, for a corporate executive, dramatically reduces their desireability to a future employer – along with the felony conviction.
Plus, the cost of defense means his kids and (ex-) wife are probably living with her mother or under greatly reduced circumstances.
So, even though he doesn’t face hard time, his life will be forever changed, along with those of his family.
Also keep in mind that he fully cooperated with the investigators and the info he provided likely aided in those other convictions…and that likely a deal was made early on.
Also keep in mind that he fully cooperated with the investigators and the info he provided likely aided in those other convictions…and that likely a deal was made early on.
Gents,
You all missed the point.
He effectively STOLE $500 MILLION DOLLARS
And what’s the justice system gonna do ?
(get this:)
Fine him $5000. (that’s less than chump change) and ask him to serve coffee in a Salvation Army center.
His worst “punishment” will be having to smell some urine-drenched winos, while he gets away with his crime.
I think you are making two separate points here Matt. We don’t know the circumstances surrounding his deal and do no know how involved he was with the scandal, so it is truly hard to judge there. Your second point about the U.S. locking up more people than anyone else in the world, for mostly minor non violent crimes and drug charges is absurd……. but to compare the two is apples and oranges.
The Salvation Army does a lot of good work and some of the people they serve are homeless, including families. Prejudge much?
http://www.salvationarmyusa.org/usn/www_usn_2.nsf/vw-dynamic-arrays/071E537F0ACA6EC5802573F50057A93F?openDocument
The impact of this sentence is more cynicism about the difference in justice based upon “class” and the lack of deterrent on others moved to this kind of dishonesty. The good people of China will likely go a long time before business people knowingly sell tainted milk.
Feddie:
The funds that were “stolen” to use your word…went to the company and not his personal pockets.