August 2, 2002
10:30 AM
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No perp walk for Enron and Halliburton?Asked to explain why no arrests had been made for these two companies, Larry D. Thompson said, "Some cases are more complex than others."
Does it matter what the penalties are for corporate crime? Seems all you need are the right political connections and an adequately complex scheme to defraud investors and employees. Is the White House protecting corporations with their interpretation of whistle blowers? Aren't preventive measures more appropriate than punishments for these crimes? Does wealth truly create a double standard for prosecution under our legal system?
posted by nofundy (33 comments total)
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This is correct, complex fraud (10B and 10b-5) cases often take upto 10 or 15 years to bring.
Seems all you need are the right political connections and an adequately complex scheme to defraud investors and employees
Bogus...see what happens down the line before you say this.
posted by Bag Man at 10:38 AM on August 2, 2002