Guilty!

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BWV 1080
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Guilty!

Post by BWV 1080 » Thu May 25, 2006 11:13 am

Now lets hope that Lay and Skilling get appropriately harsh sentences. Too bad the chain gang is not an option.
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lmpower
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Post by lmpower » Thu May 25, 2006 11:58 am

People like Lay, Skilling and Fastow undermine the capitalist system. We need to make an example of them.
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RebLem
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Post by RebLem » Thu May 25, 2006 12:38 pm

Regardless of the sentences, I predict Ken Lay will not serve beyond 20 JAN 2009.
Don't drink and drive. You might spill it.--J. Eugene Baker, aka my late father
"We're not generating enough angry white guys to stay in business for the long term."--Sen. Lindsey Graham, R-S. Carolina.
"Racism is America's Original Sin."--Francis Cardinal George, former Roman Catholic Archbishop of Chicago.
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lmpower
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Post by lmpower » Fri May 26, 2006 11:05 am

I hope you're wrong about that remlem. A CNN poll this morning shows 93% agreeing with the verdict.
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BWV 1080
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Post by BWV 1080 » Fri May 26, 2006 11:20 am

No, I don't think W will pardon him, he is not sleazy like Clinton
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Lilith
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Post by Lilith » Fri May 26, 2006 3:19 pm

Why are they free until the Sept sentencing?

They should be in jail NOW
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Ralph
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Post by Ralph » Fri May 26, 2006 8:33 pm

Lilith wrote:Why are they free until the Sept sentencing?

They should be in jail NOW
*****

It's routine for those convicted of White Collar crimes to be free on bail pending sentencing. The purpose of bail is to insure attendance at all court proceedings. Flight risk in this case is negligible.

Even when sentenced, federal courts almost invariably order a surrender date for these defendants which gives them time to straighten out their affairs. Remember Martha Stewart?

Whether one agrees with this process or not, it's clearly within the parameters of the federal Bail Reform Act and this kind of defendant is treated the same whatever their background politically or socially.
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"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former."

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Lilith
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Post by Lilith » Fri May 26, 2006 10:08 pm

Why should they get time to straighten out their affairs?

As far as I am concerned they can straighten out their affairs from prison.
If I was one of the thousands swindled out of their pensions and investments, I'd be furious that they get the extra time.
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Ralph
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Post by Ralph » Fri May 26, 2006 11:12 pm

Lilith wrote:Why should they get time to straighten out their affairs?

As far as I am concerned they can straighten out their affairs from prison.
If I was one of the thousands swindled out of their pensions and investments, I'd be furious that they get the extra time.
*****

Many would agree with you, Lilith. I responded with a statement as to what the law is and how it's implemented.
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"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former."

Albert Einstein
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Lilith
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Post by Lilith » Sat May 27, 2006 7:05 am

I understand and I did appreciate your comments.
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