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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: H James Morris who wrote (134084)11/2/2001 11:52:41 AM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
Glenn, great post. It's like I've been saying for the last few years.
A person can steal 20 watches, $2500 in cash and face 7 years in jail...Yet, a Wall Street investment banker can steal a $billion, pay a fine, without admitting guilt. Spend 2 days at a Hilton hotel as restitution, then go back out and do it again.


You are correct. I am not in favor of reducing the penalty for the person stealing the money and the watches. I am in great favor of making intentional misleading claims about the future of a firm or improperly allocating IPO shares, etc. a criminal offense. It is my opinion that Blodget should be facing major criminal charges. That is just one.
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