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pampango (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 11:36 AM Original message |
Ex-Hedge Fund Boss Sentenced To 11 Years In Prison |
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David Sky (586 posts) Send PM | Profile | Ignore | Thu Oct-13-11 11:40 AM Response to Original message |
1. A crooked hedge fund trader? I'm SHOCKED! SHOCKED, I tell you! |
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ret5hd (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 11:41 AM Response to Original message |
2. $40M profit ($50M - $10M fine) divided by 11 yrs sentence = $3.6M/yr |
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David Sky (586 posts) Send PM | Profile | Ignore | Thu Oct-13-11 12:17 PM Response to Reply #2 |
7. And if he invests it wisely while in prison, he might double his money, while.. |
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BR_Parkway (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 12:35 PM Response to Reply #2 |
8. Yeah, is there some sort of cap on how much they can fine these jerks? |
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Hosnon (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 12:37 PM Response to Reply #2 |
9. Presumably the fine is on top of turning over the $50m. Presumably... |
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pansypoo53219 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 01:42 PM Response to Reply #2 |
14. yeah, the govt needs to take at least HALF. |
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LiberalEsto (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 11:43 AM Response to Original message |
3. How many years will his victims suffer? nt |
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russspeakeasy (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 11:48 AM Response to Original message |
4. The lesson : when you steal, steal big...really, really big. |
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The Backlash Cometh (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 11:52 AM Response to Original message |
5. Is that the first one? |
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ret5hd (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 12:02 PM Response to Reply #5 |
6. well, there was that heinous financial criminal apprehended and sentenced earlier... |
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The Backlash Cometh (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 12:39 PM Response to Reply #6 |
10. LOL! |
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closeupready (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 12:44 PM Response to Original message |
11. In the introduction to Michael Crichton's "The Great Train Robbery", Crichton makes the point that |
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hyphenate (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 12:51 PM Response to Original message |
12. Another one down, |
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PSPS (1000+ posts) Send PM | Profile | Ignore | Thu Oct-13-11 01:36 PM Response to Original message |
13. I almost feel sorry for this guy. |
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