16-03-2005 02:16									#1
	Ex-World Com CEO guilty! Lose 30 kilos (of popups)

http://money.cnn.com/2005/03/15/new...dex.htm?cnn=yes

Also check out the "Who's in prison - Who's out" list.

Glad to see the jerk get his justice. At his age, he is likely to spend the rest of his life in prison. Hopefully Kenneth Lay is next.

And oh ya, a big to those whining that the Administration wasn't going after the big corporate criminals. Our legal system takes time, particularly with complex fraud cases, but when justice does come it is sweet.

	16-03-2005 03:08									#2
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Heh... he's in his 60s, but it'd be funny to see an 85 year sentance handed down. Your corpse will remain behind bars!

	16-03-2005 03:12									#3
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I wonder if Dauphin had anything to do with it?

	16-03-2005 03:55									#4
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death penalty

	16-03-2005 04:09									#5
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quote: Originally posted by Sava death penalty

Nahhh... life with no parole... oh, and he gets Bubba as a cell mate

	16-03-2005 04:15									#6
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Naah, he'll get a presidential pardon.

	16-03-2005 05:35									#7
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quote: Originally posted by Ming Nahhh... life with no parole... oh, and he gets Bubba as a cell mate

Ming, you so cruel.

A cell with Bubba, a fate worse than death.

	16-03-2005 05:41									#8
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Why does everyone have such low opinion of Bubba? Discrimination.

	16-03-2005 06:59									#9
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quote: Originally posted by Ming Nahhh... life with no parole... oh, and he gets Bubba as a cell mate

Who happens to be a stockholder

	16-03-2005 07:26									#10
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Is it just me that doesn't get the same kind of anger from corporate crime, basically theft on a large scale, than from violent crime? I'm not sure I could ever consider some false accounting or even a little embezzlement to be on the same level of nastiness as beating the living **** out of someone.

	16-03-2005 07:30									#11
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quote: Originally posted by Drogue Is it just me that doesn't get the same kind of anger from corporate crime, basically theft on a large scale, than from violent crime? I'm not sure I could ever consider some false accounting or even a little embezzlement to be on the same level of nastiness as beating the living **** out of someone.

I'd rather get beat up than have my entire 401k disappear.

	16-03-2005 07:56									#12
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I'm still waiting for the convictions at Enron. I'm still paying higher rates because of their criminal doctoring of accounts and fraud. I can only guess being friends with Bush means you get to walk when you commit horrible crimes.

Speaking of Enron I still chuckle now and then at all the righties here who dismissed our claims that Enron was cheating the system to drive up energy prices in California. The poor righties were convinced by Fox News that the problem was enviromental regulations even though the regulations hadn't changed in years and prices suddenly spiked 500% after Enron got control of the system.

Last edited by Oerdin on 16-03-2005 at 12:31

	16-03-2005 07:58									#13
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Ken Lay will go to prison for life. Then the ensuing civil suits will take everything from him and his family.

In fact, I believe the entire Enron executive team should be bled down to their last penny.

	16-03-2005 08:49									#15
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quote: Originally posted by Drogue Is it just me that doesn't get the same kind of anger from corporate crime, basically theft on a large scale, than from violent crime? I'm not sure I could ever consider some false accounting or even a little embezzlement to be on the same level of nastiness as beating the living **** out of someone.

I'd rather have DP for some white-collar crimes than for first-degree murder. They cause a hell of a lot more damage.

	16-03-2005 08:50									#16
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quote: Originally posted by Kuciwalker I'd rather have DP for some white-collar crimes than for first-degree murder. They cause a hell of a lot more damage.

	16-03-2005 09:10									#17
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quote: Originally posted by fdgfx Ken Lay will go to prison for life. Then the ensuing civil suits will take everything from him and his family. In fact, I believe the entire Enron executive team should be bled down to their last penny.

I wish that were true but the rich have rigged the system to provide them with many loop holes to protect their ill gotten gains. Last I heard OJ Simpson owned millions and millions but he still spends his days golfing and living the high life while claiming poverty because he hide his assets in protected shelters.

Ken Lay and his friends will be living high on the hog for the rest of their lives off of their ill gotten gains.

	16-03-2005 09:20									#18
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I recall reading Lay's trial takes place in January. His CFO has pled guilty I believe, and will testify against Lay.

	16-03-2005 09:27									#19
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quote: Originally posted by Oerdin Ken Lay and his friends will be living high on the hog for the rest of their lives off of their ill gotten gains.

Not when Sava puts a .308 through his head...

	16-03-2005 11:21									#20
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quote: Ken Lay and his friends will be living high on the hog for the rest of their lives off of their ill gotten gains.

You mean like this WorldCom CEO?

When did people like Oerdin start ignoring all facts and want instant gratification in every aspect of life?

	16-03-2005 11:40									#21
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quote: Originally posted by Imran Siddiqui quote: Ken Lay and his friends will be living high on the hog for the rest of their lives off of their ill gotten gains. You mean like this WorldCom CEO? When did people like Oerdin start ignoring all facts and want instant gratification in every aspect of life?

I guess some of us got disillusioned when Microsoft got off with nothing more than a slap on the wrist.

	16-03-2005 11:47									#22
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quote: Originally posted by Urban Ranger I guess some of us got disillusioned when Microsoft got off with nothing more than a slap on the wrist.

As well they should have. Not all of us are Microsoft haters . For you, apt punishment would have been nothing short of splitting up the company, anyway.

	16-03-2005 11:53									#23
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with bubba? what the **** is bubba gonna do? jack ****. hes gonna protect that guy so he can get money and other perks from him. he aint gonna do **** to him.

	16-03-2005 11:58									#24
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quote: Originally posted by Lawrence of Arabia with bubba? what the **** is bubba gonna do? jack ****. hes gonna protect that guy so he can get money and other perks from him. he aint gonna do **** to him.

	16-03-2005 12:40									#25
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quote: Originally posted by Kuciwalker I'd rather have DP for some white-collar crimes than for first-degree murder. They cause a hell of a lot more damage.

I agree. Why aren’t Ken Lay and the other Enron executives charged with the deaths of the hundreds of old people who died of heat stroke when the power went out? Enron slashed power production in an attempt to artificially spike prices and make huge returns (100% illegal behavior), enphazima patients died because their ventilators stopped working when Ken lay's power shortages hit, kidney patients on dialysis died because they're dialysis machines wouldn't work. Yet Ken Lay and the other bastards at Enron are only accused of white collar crimes and accounting fraud. They should receive the death penalty for the people they murdered.

	16-03-2005 12:47									#26
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quote: They should receive the death penalty for the people they murdered.

It'd be involuntary manslaughter, not murder. There is no mens rea for murder. And involuntary manslaughter is not a death penalty offense. In fact, it has less jail time than being guilty of a white collar crime.

	16-03-2005 14:35									#27
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I agree with the general sentiment here that immense (in this case white collar) crimes call for immense sentences. These people do massive damage compared to a simple assault.

	16-03-2005 16:52									#28
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quote: Originally posted by Urban Ranger Who happens to be a stockholder

I'm sure Bubba will get his 'stock' held for him by Bernie.

	17-03-2005 00:08									#29
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What often gets overlooked is that major fraud and embezzlement cases will be connected to money laundering operations, organised crime and all that entails.

These crimes finance other crimes. They aren't one time only crimes.

	17-03-2005 00:11									#30
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I'd be (pleasantly) surprised if he gets more than a few years.