Effective punishment for financial crimes...

zdreg said:
Do you think for a moment that he received the harsh treatment for his financial crimes or just maybe because he "offended" some highly place political official?
More...

this is quite likely.

corruption is so wide spread that pretty much anyone successful in biz or politics is investigated deeply, some dirt is guaranteed to be found.

the hazard is quite high to be successful.... if you are on the wrong side of a political battle you can end up in prison.
 
zdreg said:
Do you think for a moment that he received the harsh treatment for his financial crimes or just maybe because he "offended" some highly place political official?
More...

I don't think he offended anyone. It's more likely that either:

1)nobody was willing to spend political capital to save him
2)it was something too big to be simply swept under the rug
3)they used this case to send a warning to the industry
 
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We punish people, because their employees jumps out of the window, and when someone consciously does this stuff.

Nothing happens. Wow... o_O

Baozi said:
3)they used this case to send a warning to the industry
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Western banking system, also needs few warnings like that.

If people can't respect the law, since their inner morals are dysfunctional, they have to do so, because of the fear.
 
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