Wednesday, November 10, 2010

In the News & Around the Blogosphere

Alex Bunin has resigned as Federal Public Defender for the Northern District of New York as of Nov. 26th, and accepted the position as the Chief Public Defender for Harris County, Texas.

DOJ Press Release, Three Former Executives Indicted in Color Display Tube Price-Fixing Conspiracy - Global Price-Fixing Scheme Involves Tubes Used in Computer Monitors

Ashby Jones, WSJ Blog, When a (Relatively) Small Loss Amounts to Big Time

DOJ Press Release, Principal of A&O Entities Pleads Guilty for His Role in $100 Million Fraud Scheme Involving Life Settlements


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It is absolutely absurd to put white collar criminals in jail for more than 10 years.

You cannot do simple sentences of only - 2 or 3 years; as it is common sense that who wouldn't take the risk to make millions and pay for it with 24 months.

But to burden the public with the cost of 10, 20 or 100 years (the OKUN case) - is absolutely absurd.

Ban them from holding public office or public company (as SarOx desired to do) - probate them (and make them pay) - but having everyone foot the $30k to $50k bill for decades is ABSURD!

Posted by: Laser Haas | Nov 11, 2010 10:42:56 PM

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