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To: stockman_scott who wrote (47868)2/21/2002 5:59:10 PM
From: Jim Willie CB  Respond to of 65232
 
shocked if even 2 serve prison time of >5 yrs
we are dealing with statutes extremely difficult to prove complicity
wait until you see the lawyers and their arguments
then come the "deals" to keep them out of prison
some restitution, some rolling over, some producing documents that implicate, etc etc
this is a white-collar game
plausible deniability is the rule of the game

I think the cleanest con was Winnick of GXing
all he did was build and build and obtain huge financing
he probably knew that it would go bust after spring2k unfolded
not illegal to overbuild and sell at the top, eh?
/ jim