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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (752231)11/11/2013 12:30:17 PM
From: TideGlider  Read Replies (1) | Respond to of 1576909
 
They executed a guy a couple years back for taking bribes and approving questionable pork. It embarrassed the country to have an employee to do such a thing.



To: koan who wrote (752231)11/11/2013 12:31:17 PM
From: longnshort1 Recommendation

Recommended By
Bilow

  Read Replies (1) | Respond to of 1576909
 
Like Corzine or Hillary with her futures trades ?



To: koan who wrote (752231)11/11/2013 12:33:03 PM
From: TideGlider  Respond to of 1576909
 
2 Chinese former vice-mayors executed for briberyThe Associated Press Posted: Jul 19, 2011 4:19 AM ET Last Updated: Jul 19, 2011 1:50 PM ET



Two former vice-mayors in eastern China who were convicted of bribery were executed Tuesday, the country's supreme court said, two of the harshest sentences handed down to high-level Chinese officials in recent years.

The Supreme People's Court said in a statement on its website that Xu Maiyong and Jiang Renjie had been sentenced to death and were executed in the morning in Beijing.

Corruption is widespread among officials in China, but few cases result in death sentences unless they are linked to murder or other violent crimes.

Xu was convicted in May of bribery, embezzlement and abuse of power during his time as vice-mayor of the wealthy resort city of Hangzhou, west of Shanghai.

State-run Xinhua News Agency said Xu took bribes worth more than 145 million yuan ($24 million), embezzled 54 million yuan from a state-owned property firm and illegally diverted 71 million yuan in land purchase payments to a property development company in which he had a stake.

The Ningbo Intermediate People's Court sentenced Xu to death and ordered his personal property confiscated.

Jiang was a former vice-mayor of Suzhou city in coastal Jiangsu province. Xinhua said he was convicted of taking 108 million yuan in bribes from property developers between 2001 and 2004 when he was in charge of urban planning and real estate development.

Jiang was sentenced to death by the Intermediate People's Court of the city of Nanjing in April 2008.

He helped authorities identify other suspects in the cases, but the court still decided he should be severely punished, Xinhua said.

The news agency said appeals by both men of their original death sentences were rejected by higher courts.

Although the figure is considered a state secret, China is believed to carry out more court-ordered executions each year than all other nations combined.



To: koan who wrote (752231)11/11/2013 6:48:40 PM
From: Bilow  Read Replies (2) | Respond to of 1576909
 
Hi koan; Re: "That seems a bit extreme, but I would like to see those Wall street folks who committed blatant fraud in jail. Fines mean nothing to them."

About the only one I know went to jail was Madoff, the Jewish guy who used his investment fund as a Ponzi scheme. And the reason I call him the "Jewish guy" is because every time the mainstream media talked about him, they prominently mentioned that he was Jewish, a little detail that annoyed the hell out of me. I couldn't tell you the ethnicity or religion of any other Wall Street figure. Are Jews special? Is it like the "boy scout rule" where the media has to tell us "he was a boyscout" whenever one of them goes nuts?

As far as placing the blame for not putting the other criminals into jail, that would be the Obama administration. And the fines meant nothing to them because they were reduced. The rest of us, who don't have our faces permanently glued to Obama's ass, are pretty sure that the fines were reduced because the perps donated huge amounts to the various politicians who could make trouble for them. And with the fickle decision of the electorate, most of those various politicians were Democrats. But I also suggest that their simultaneous donations to the Republicans had similar effect.

And as to execution being an excessive punishment for stealing $200 million, well how many people had their savings destroyed? How many killed themselves? So I would say the Chinese tradition of a round to the back of the neck sounds about right. The reason the US is awash in nonviolent property crimes against business is because the punishment for the crime is so light. Same thing applies to Wall Street.

-- Carl