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  #1  
Old 06-21-2005, 12:13 AM
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Wheels of Justice.......

The wheels of justice grind exceedingly slow....but grind exceedingly fine.

USATODAY.com - Adelphia's founder gets 15 years; son gets 20 years


http://www.usatoday.com/money/media/2005-06-20-rigas_x.htm?csp=24&RM_Exclude=Juno

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  #2  
Old 06-21-2005, 08:34 AM
MedMech
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I'm not too sure I agree totally with the sentence but this is definitely a deterrent. There's no doubt that shifty CFO's are chittin their drawers right now.
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  #3  
Old 06-21-2005, 08:41 AM
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Quote:
Originally Posted by MedMech
I'm not too sure I agree totally with the sentence but this is definitely a deterrent. There's no doubt that shifty CFO's are chittin their drawers right now.
Nah. I can hear the words "My lawyer is better than that guys" ringing all across the land.

The example has been made.
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  #4  
Old 06-21-2005, 09:56 AM
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Quote:
Originally Posted by MedMech
I'm not too sure I agree totally with the sentence but this is definitely a deterrent. There's no doubt that shifty CFO's are chittin their drawers right now.
The chittin started when every CEO is now required to sign a document attesting that the financial statements of the corporation are accurate and properly reflect the condition of the corporation.
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  #5  
Old 06-21-2005, 11:28 AM
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I personally hope Bernie Ebbers gets his piles worn down by some 7 foot tall 300 lb homosexual Black man hung like a horse with a fettish of old white guys with beards in prison...Lot of people lost their pensions due to his theivery....

I hope they make examples of every one of them.

Its about time these guys do time for their crimes ripping off companies and shafting their employees.
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Old 06-21-2005, 11:46 AM
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Originally Posted by boneheaddoctor
I personally hope Bernie Ebbers gets his piles worn down by some 7 foot tall 300 lb homosexual Black man hung like a horse with a fettish of old white guys with beards in prison...
....................not too fond of old Bernie, eh Bonehead?
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Old 06-21-2005, 02:50 PM
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Quote:
Originally Posted by Brian Carlton
....................not too fond of old Bernie, eh Bonehead?

you mean it shows.....
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"He who fights with monsters might take care lest he thereby become a monster. And if you gaze for long into an abyss, the abyss gazes also into you." - Friedrich Nietzsche
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  #8  
Old 06-21-2005, 03:20 PM
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Quote:
Originally Posted by boneheaddoctor
I personally hope Bernie Ebbers gets his piles worn down by some 7 foot tall 300 lb homosexual Black man hung like a horse with a fettish of old white guys with beards in prison...Lot of people lost their pensions due to his theivery....

I hope they make examples of every one of them.

Its about time these guys do time for their crimes ripping off companies and shafting their employees.
OMG
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  #9  
Old 06-21-2005, 03:56 PM
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Could you think of a better punishment for a man who ruined the futures of thousands of workers.........

Thats be most fitting punishment for a man who screwed so many people without the courtisy of a reacharound while working for MCI...or Worldcom.
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  #10  
Old 06-25-2005, 01:17 PM
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Another international whoopsee.........

5 Years max ? Does this stink, or what....screw a few billion off the top and get 5 years ?


Last week, Morgan Stanley became the first international bank to settle with Parmalat, agreeing to pay $187 million in claims and damages.

Bondi has launched suits or recovery actions for billions of dollars against banks including international giants Citigroup Inc., UBS AG, Deutsche Bank AG, Credit Suisse First Boston, and Bank of America Corp., as well as Parmalat's former auditors.

The indictments stem from the Milan investigation into Parmalat's demise; a separate investigation is under way in Parma, where the dairy giant is headquartered. Last month, Parma prosecutors placed more than 70 people under investigation, including Tanzi, his lawyers, friends and company officials stretching back for more than a decade.

No date has been set for any possible indictments or trial in the Parma probe.

In May, Tanzi had sought a reduced jail sentence of 2 1/2 years on the market-rigging charges as part of a plea-bargain request, but was rebuffed, his lawyer said. Giampiero Biancolella, one of the lawyers representing Tanzi, has said that under Italian law the plea deal could be reconsidered once trial begins.

The maximum prison sentence for market rigging according to laws in effect at the time was five years. The maximum penalty was raised to six years this spring, Biancolella said.


.
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  #11  
Old 06-25-2005, 01:40 PM
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Quote:
Originally Posted by boneheaddoctor
Its about time these guys do time for their crimes ripping off companies and shafting their employees.
Bone - you really think that was the reason why he goes to jail? How about when the IRS found out Uncle Sam was $crewed out of hundreds of millions of tax dollars from the pension accounts? Justice is not served for common citizens like us. You go to jail when you mass with Uncle Sam.
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  #12  
Old 06-25-2005, 10:33 PM
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Quote:
Originally Posted by elau
Bone - you really think that was the reason why he goes to jail? How about when the IRS found out Uncle Sam was $crewed out of hundreds of millions of tax dollars from the pension accounts? Justice is not served for common citizens like us. You go to jail when you mass with Uncle Sam.
Yeah ...I guess thats true.....But its nice having the illusion that sometimes the little guy can get justice...
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"He who fights with monsters might take care lest he thereby become a monster. And if you gaze for long into an abyss, the abyss gazes also into you." - Friedrich Nietzsche
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  #13  
Old 06-25-2005, 10:37 PM
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Ahhh, but he's been proven to be a crook.

Now the tort attornies will begin to circle him and his colleagues. Lawyers will pick them all clean.

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