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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: C.N.S. who wrote (57812)7/16/2006 9:01:32 AM
From: Dan3Respond to of 306849
 
Re: Maybe probation, therapy - but 7 years of hard time ? Wow.

She should have connived with a board of directors to embezzle a couple hundred $million from a company she was hired to work at.

Prosecutors, the media, and the courts think that's perfectly OK.

Whatever happened to fiduciary duty?

fiduciary
1) n. from the Latin fiducia, meaning "trust," a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty. The most common is a trustee of a trust, but fiduciaries can include business advisers, attorneys, guardians, administrators of estates, real estate agents, bankers, stockbrokers, title companies or anyone who undertakes to assist someone who places complete confidence and trust in that person or company.


These guys are hired by the stock owners as directors and managers of the company, then they just pocket the stockholders' assets by paying themselves $hundreds of Millions in underpriced options and bonuses for doing a mediocre job for which they're already receiving obscene salaries.

Meanwhile this woman gets 7 years for sending emails?

It's gotten really bad. It will lead to a loss of public confidence in our institutions and that is harmfull to the housing market because it weakens buyers' confidence in the long term stability of their jobs and the economy.



To: C.N.S. who wrote (57812)7/16/2006 9:30:18 AM
From: bentwayRespond to of 306849
 
OT: ..."In February 2005, Rogers, 28, was arrested and charged with 15 counts of sexual battery by an authority figure and 13 counts of statutory rape for her relationship with a student at Centertown Elementary(!) in McMinnville, Tenn., where she taught physical education."

I think that's the key to the "harshness" of her sentence, along with it being Tennesee. At most, the boy she was "involved" with could have been in sixth grade! As she was a former beauty queen, he must have thought he had God's favor.

Seriously though, it's bound to screw up his sexual development. Normally, in the sixth grade, his only sexual experience would be with his palm, dreaming of cute girls in his class. He'll be wanting girls to "put out" in Junior High, and know how they should "do it"!