China too has problems with officials engaging in market manipulation. China tries such people, and if found guilty, offers the death penalty. China executes shortly after sentence normally, like within hours. So think of the relief when someone is given 2 years deferred sentence, IF they were extremely cooperative, naming names and spilling guts during the investigation and trial. For the next two years, investigators will have many more questions. Active cooperation might convert the death sentence to life imprisonment.
Why Madoff, and not Paulsen, Geithner, Greenspan, Bernanke, etc? It makes no sense.
Saturday, April 17, 2010
Death Sentence In China
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