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To: Michael.SF.
Seems pretty harsh.

Harsh, major money thiefts get less jail time.

23 posted on 05/18/2008 9:24:55 PM PDT by ricks_place
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To: ricks_place

"Harsh, major money thiefts get less jail time."

You're not kidding. Remember this? I think this woman is getting a raw deal to be sentenced to almost two years over, IMO, a very low level of fraud. $69? Come on!

Former Enron Executive Sentenced Delainey Aided Prosecutors in Fraud Trial of Lay, Skilling

By Carrie Johnson

Washington Post Staff Writer

Tuesday, September 19, 2006;

A former high-ranking Enron Corp. executive was sentenced to 2 1/2 years in prison yesterday by a federal judge who acknowledged the official's cooperation with prosecutors but refused to give him the substantial break he requested.

David W. Delainey, 40, led two of the Houston energy trader's most important divisions before Enron filed for Chapter 11 bankruptcy protection in December 2001. He pleaded guilty to a single count of insider trading and became a central witness against former chief executives Kenneth L. Lay and Jeffrey K. Skilling in their fraud trial this year.

Delainey admitted to selling Enron stock at the same time he knew the company was manipulating its financial statements. As part of his October 2003 guilty plea, Delainey turned over about $8 million to the government to resolve criminal and civil charges.

29 posted on 05/19/2008 3:27:24 AM PDT by Mila
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