Ex-Goldman director goes to prison, still owes $13.9 million fine

Comments (14)
Jim1648 wrote:

Mitt would have given him the Medal of Freedom.

Jun 17, 2014 2:12pm EDT  --  Report as abuse
MarkSmith123 wrote:

So why did Gold Sachs deserve a government bailout?

Jun 17, 2014 5:25pm EDT  --  Report as abuse
Pragmatic56 wrote:

2 years is about 10 years too short. This prison sentence is a joke.

Jun 17, 2014 5:56pm EDT  --  Report as abuse
Orwelian84 wrote:

The irony here is palpable, transnational institutions tank our economy and no meaningful fines or jail sentences are meted out. One guy makes a couple million extra off the aforementioned institutions and he gets a multimillion dollar fine and prison time. Justice as a commodity is so expensive these days that only the like of Goldman Sachs et al can afford it.

I bet we hear Obama et.al talking about how the administration is holding “bankers” and financial manipulators responsible for their actions.

Jun 17, 2014 6:20pm EDT  --  Report as abuse
edgyinchina wrote:

Hey… he gets to join his pal at Club Fed… He’ll exercise everyday, play a little tennis, some bocci, and along with jogging and weightlifting he’ll be in the best shape of his life when he gets out to a halfway house in 20 months…
This is the prison system for fat cats…

Jun 17, 2014 9:17pm EDT  --  Report as abuse
bluto1960 wrote:

h should have got 10 yrs at last in a hard prison ! maybe hard labor to!

Jun 17, 2014 9:53pm EDT  --  Report as abuse
3887813 wrote:

Glad they finally caught the guy responsible for the financial crisis.

Jun 18, 2014 6:46am EDT  --  Report as abuse
GeorgeBMac wrote:

Seems strange that the only foreign born banksters go to jail.

So, what about the home grown boys in the inner clique?

Jun 18, 2014 7:26am EDT  --  Report as abuse
JamesChirico wrote:

What would you call charging for your best advice, then pushing mortgage securities while betting against them as a firm? Goldman made billions with this fraud.

Jun 18, 2014 9:49am EDT  --  Report as abuse
jgh59 wrote:

Insider trading laws are a joke. You have ultimate insiders, executives in every publically traded company, trading their stocks freely while Martha Stewart gets a tip from a close friend and goes to jail. Not that I have any sympathy for this guy, two years probably is enough if he actually pays the $13.9 M fine. I would rather see the GS execs responsible for the collapse go to jail for what they did, but that will never happen.

Jun 18, 2014 3:42pm EDT  --  Report as abuse
EchoTony wrote:

There should be about 50 more of these guys going to jail…. They have bought their way into both parties and thus will remain free….

Publicly funded elections are the only way we will stop letting these criminals from walking free.

Jun 18, 2014 3:53pm EDT  --  Report as abuse
JoeOvercoat wrote:

They all need to be sentenced to write “Greed is not good” one time for every dollar they ever stole. That should keep them busy ’til they die….

Jun 18, 2014 4:59pm EDT  --  Report as abuse
flytyr wrote:

There really should be public hangings for these bandits in exchange for lives destroyed/premature deaths caused but we know it won’t happen….

Jun 18, 2014 5:07pm EDT  --  Report as abuse

That’s one. Only a few hundred more to go.

Jun 20, 2014 5:57pm EDT  --  Report as abuse
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