Former CA Boss Gets 12 Years, $8M Fine 150
mwnyc writes "The BBC is reporting on the sentence issued today to former CA boss Sanjay Kumar, who had pleaded guilty to charges including conspiracy and securities fraud. Mr. Kumar is expected to begin serving time in February 2007. Under federal sentencing guidelines, Kumar could have faced life in prison but the judge called that punishment 'unreasonable.'"
Where have all the mods gone? (Score:0, Interesting)
So what's the problem, do people just not care anymore, or is it an issue with the moderating system? I'm not sure if this is related, but I still have 1 mod point that supposedly expires on October 28th. Does anyone else have expired mod points they can still use?
A concerned
Re:I'm not seeing the story (Score:2, Interesting)
RIP republic, Hello fascism (Score:1, Interesting)
We have an overwhelming culture of corruption in this country, at the pinnacle of which are the directors and executives of major corporations. We let these guys get away with anything. SEC investigation is a joke. If Kumar was white, he would've walked. Instead, he gets thrown under the bus. Compared to the thievery and murder that the W mafia is carrying out in the name of the American people, overstating revenue is like jaywalking. Stealing from the ultrarich is what he's being punished for, but mostly it's just a token corporate prosecution.
The whole thing disgusts me. Ken Lay's family is drinking champagne and eating caviar, probably with Ken himself (anyone who believes he's really dead is an idiot), bought with the money Enron stole from me, my fellow Californians, the taxpayers of America, their employees, and countless others.
Re:I'm not seeing the story (Score:3, Interesting)