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Lincoln
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Meanwhile the poor bloke who got caught stealing an orange rots in jail until trial...
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Capt Dizle
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If you will think this through you might see a different perspective. He is innocent until proven guilty. He earned a good living from his job and might be able to meet that bond without using stolen funds if any actually were. You can't assume otherwise until trial.
This issue is flight risk and we can only hope that he is not financially able to skip the country. I don't like to see him out either but your implication that the court let him walk for money is incorrect. The bond is forfeit only if he fails to show, their is no profit in it for the court.
Unless you have personal knowledge and proof of bribery. If so I am sure you are willing to share it.
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Lincoln
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Even so he makes 5 million on his day off...
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Capt Dizle
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Of course I cannot deny the inequities of the judical system.
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Capt Dizle
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quote:
Originally posted by SlowwHand
That's crap, Jimmy.
I see your point on most things, not this.
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People should be convicted in court not in the press.
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Capt Dizle
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quote:
Originally posted by SlowwHand
Um, not talking convicted. Talking using ill-gotten gains to make bail.
Let's use a drug dealer as a comparison.
The house, the car, the boat, whatever, would be siezed.
All bank accounts frozen.
What makes this guy different?
The CFO. The guy who watches the money.
If anyone has an ethical duty to watch what's happening, it's this guy. |
I certainly agree that Fastow should be severly punished if proven guilty. I depise the sort of corporate piracy that has been at the focal point of the news. But you are comparing apples and oranges. Fastow was paid a significant salary. It is reasonable to assume he might be able to make the bail from that source. There is no indication that he embezeled funds. Therefore you must prove the case and sentence him on that.
In the case of the drug dealer, yes, drugs and assets that can reasonably be thought to be connected to be a part of the business of drug dealing can be frozen. This would not prevent the accused drug dealer from making bail if he had a source of legitimate income that could reasonably be expected to support the level of bail required.
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Capt Dizle
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For which punishment should be harsh Slow, after conviction. But there are no grounds to deny bail unless there is evidence that the funds used to pay that bail were obtained as a direct result of a crime. Funds Fastow received as salary cannot be assumed to be such.
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Capt Dizle
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I hope Ming is right. But I am afraid he will get a relatively light sentence. I would support much harsher sentences than one normally sees in this sort of thing.
But irregardless of our outrage we should support the process of law. Capricious though it often seems.
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Capt Dizle
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I watched Fastow's attorney making a statement in which he claimed that Fastow was hired specifically to make the sort of deals that have come to light. He claims that the entire board and Kenneth Lay defined Fastow's job explictly as the process of manufacturing false profits to inflate the stock price. It seems likely that their strategy is to make a deal with the government that would lead to the prosecution of the whole rotten barrel. It will be interesting to see how that will play out.
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03-10-2002 19:32
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