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To: H James Morris who wrote (134084)	11/2/2001 9:31:42 AM
From: Oeconomicus	Read Replies (2) \| Respond to of 164684

Ah, but Wall Street was stealing from Mark and William while the guy in NY was stealing from Tourneau and Cartier stores. Which is a bigger crime? ;-)

To: H James Morris who wrote (134084)	11/2/2001 9:51:17 AM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<<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.>> and some wall streeters get barred from the industry for stealing money... but do scumsuckers like the ValueJet execs who are careless and corner-cutting, death-resulting, get barred from the airline industry? nah, they just change the name of their airline and keep getting cited for safety and security violations... but I guess the fines are built into their business model.... what a country!

To: H James Morris who wrote (134084)	11/2/2001 11:52:41 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to 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.