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Comment Re:So he was clever enough ... (Score 2) 547

there's an opportunity to plead in advance of the trial

Even if there is - cops do not have any authority to influence the sentence in any way. If you want to make deals, you'll have to talk to the prosecutor and the judge. Not to cops. Cops will merely be witnesses during the trial and happily testify that you confessed to them.

Comment Re:So he was clever enough ... (Score 3, Informative) 547

This sounds like a plea bargain so it'll never see a jury.

He just gave away any bargaining leverage by confessing to a law enforcement officer. Being able to skip a few days or weeks of trial and the associated costs will be the only advantage of a guilty plea.

"if you cooperate with us, you'll get a lesser sentence"

That is a lie, by the way. Law enforcement officers may lie when "interviewing" suspects.

If faced with 50% risk of jail time and felonies compared NO jail time and felonies, the option with the lowest risk will always win.

Confessing a to cop will get you all the jail time, every time. It's among the worst possible choices in such a case.

Comment Re:So he was clever enough ... (Score 4, Insightful) 547

I'm not sure that it's really that surprising that he confessed - most people who are convicted of crimes plead guilty.

You plead guilty right before the trial would start, if anything.

pleading guilty can get you a pretty hefty discount on your sentence

And you waive that discount by confessing to a law enforcement officer during an "interview". Because in that case, the court has sufficient evidence to convict you regardless of your plea.

Comment Re:Welcome to the stock market (Score 3, Insightful) 356

b) A "loan" would have left them with nothing if the company had tanked. A stock purchase would entitle them to some company assets to sell off, this is what most people call "security".

Err ... I think you're confusing things here. When a company tanks, its assets get sold off (or otherwise turned into money) to satisfy the creditors (the people who gave loans) demands. In this process, the stockholders shares go *poof*, mostly.

When a company tanks, the creditors are in a slightly better position than the stockholders. In fact, the creditors might end up being the new owner of the company.

Comment Contamination isn't equal to irradiation. (Score 2) 174

It it is contaminated, then it has (traces of) radioactive material on it.

It it is irradiated, then it has ben exposed to ionizing radiation.

Something can get irradiated without getting contaminated (easy to see if the source of the radiation isn't radioactive material, e.g. an x-ray tube), but if it's contaminated, then it is usually also irradiated.

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