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To: Giordano Bruno who wrote (100161)	1/14/2008 9:52:12 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

I'm all for these hearings on executive pay. But the problem is, if they criminally charge somebody, it has to be for a real crime. Right now there are dozens of criminal cases against executives and athletes where convictions have happened and there was no real crime, its all grey area stuff. Nacchio of Qwest was convicted of insider trading for executing expiring options as he stated some rosy sounding forward looking statements that turned out not to be true. Conrad Black, same deal, very grey area stuff. The backdating prosecutions which should have been targeted towards executive pay ended up convicting CEOs running employee stock options plans where accounting firms and legal basically gave these guys the wrong advice. Add this stuff to the Marion Jones jailtime, and the Vick dognapping incident, and you have a justice dept out of control. When you send a high profile person to jail, it has to be really obvious to everybody that this was really illegal activity. This investigation of Mozilo's pay might be the same thing. We can't go prosecuting everybody because they are rich. There needs to be a REAL CRIME. Our justice dept is the laughing stock of the world right now (of course the entire bush administration is the laughing stock of the world so the DOJ is no different)