White collar criminals..

Yorick · 08-01-2002, 03:26 AM

Should an elderly white collar crim be handcuffed? Should they be sent to prison at all?

If the punishment were to fit the crime, would not having their assets and money conficated and distributed to victims be adequate without incarceration?

Does the mind boggling maze of money trails make such punishment impossible? Is prison the only alternative?

Is prison rehabilitating them? Preventing them from recommitting? Prtoecting society? Providing a deterrant for these white collar crimes?

Sir Taliesin · 08-01-2002, 07:33 AM

I think, by putting them in prison, there is a deterrent. I think that a prison sentence makes the next ones think a little harder about what they are doing. I also agree that seizing their assets and re-distributing them to the victims of their abuse is a very good idea as well.

johnny · 08-01-2002, 08:20 AM

We're gonna need a lot of extra prisons then. We're talking lawyers, businessmen, insurancecompanies, politicians, priests, etc.

Earthdog · 08-01-2002, 08:24 AM

I dont think age should make a difference at all. True that a 20 year sentence to a 65 year old crook is most likely going to turn out to be life. Too bad. Look at the liveS they have ruined destroyed ect. Marriages fail because of finances more than any other reason. I wouldnt feel pity on any white collar crook that ruined my life and ended my marriage just so he could have a bigger bank account, new boat, flashy car ect.

Return the money AND go to prison. Anything less is a slap on the wrist. And no I dont care if the guy says "Sorry". They made laws like this to protect the public. They should be enforced like any other law.

Azred · 08-01-2002, 10:35 AM

Most "white collar" crimes are felonies: embezzlement, fraud, insider trading, etc. Since these are crimes, why shouldn't these people go to prison?
Once you have any sort of felony history you are forbidden from participating in almost any financial service/industry. This keeps white-collar criminals from committing more such crimes. This also protects society, because it prevents the loss of billions of dollars (such as what happened with the Savings & Loan failures of the late 1980s/early 1990s).

Larry_OHF · 08-01-2002, 12:11 PM

Earthdog, I really liked what you said in your post! I just wanted to show my support!

08-01-2002, 03:26 AM	#1
Yorick Very Mad Bird Join Date: January 7, 2001 Location: Breukelen (over the river from New Amsterdam) Age: 52 Posts: 9,246	Should an elderly white collar crim be handcuffed? Should they be sent to prison at all? If the punishment were to fit the crime, would not having their assets and money conficated and distributed to victims be adequate without incarceration? Does the mind boggling maze of money trails make such punishment impossible? Is prison the only alternative? Is prison rehabilitating them? Preventing them from recommitting? Prtoecting society? Providing a deterrant for these white collar crimes? __________________ http://www.hughwilson.com

08-01-2002, 07:33 AM	#2
Sir Taliesin Silver Dragon Join Date: March 4, 2001 Location: Knoxville, TN USA Age: 60 Posts: 1,641	I think, by putting them in prison, there is a deterrent. I think that a prison sentence makes the next ones think a little harder about what they are doing. I also agree that seizing their assets and re-distributing them to the victims of their abuse is a very good idea as well. __________________ Sir Taliesin<br /><br />Hello... Good bye.

08-01-2002, 08:20 AM	#3
johnny 40th Level Warrior Join Date: April 15, 2002 Location: Utrecht The Netherlands Age: 58 Posts: 16,981	We're gonna need a lot of extra prisons then. We're talking lawyers, businessmen, insurancecompanies, politicians, priests, etc. __________________

08-01-2002, 08:24 AM	#4
Earthdog Emerald Dragon Join Date: May 1, 2001 Location: melbourne victoria australia Age: 58 Posts: 960	I dont think age should make a difference at all. True that a 20 year sentence to a 65 year old crook is most likely going to turn out to be life. Too bad. Look at the liveS they have ruined destroyed ect. Marriages fail because of finances more than any other reason. I wouldnt feel pity on any white collar crook that ruined my life and ended my marriage just so he could have a bigger bank account, new boat, flashy car ect. Return the money AND go to prison. Anything less is a slap on the wrist. And no I dont care if the guy says "Sorry". They made laws like this to protect the public. They should be enforced like any other law. __________________ THERE CAN BE ONLY ONE!!!

08-01-2002, 10:35 AM	#5
Azred Drow Priestess Join Date: March 13, 2001 Location: a hidden sanctorum high above the metroplex Age: 54 Posts: 4,037	Most "white collar" crimes are felonies: embezzlement, fraud, insider trading, etc. Since these are crimes, why shouldn't these people go to prison? Once you have any sort of felony history you are forbidden from participating in almost any financial service/industry. This keeps white-collar criminals from committing more such crimes. This also protects society, because it prevents the loss of billions of dollars (such as what happened with the Savings & Loan failures of the late 1980s/early 1990s). __________________ Everything may be explained by a conspiracy theory. All conspiracy theories are true. No matter how thinly you slice it, it's still bologna.

08-01-2002, 12:11 PM	#6
Larry_OHF Ironworks Moderator Join Date: March 1, 2001 Location: Midlands, South Carolina Age: 48 Posts: 14,759	Earthdog, I really liked what you said in your post! I just wanted to show my support!

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