Morally Bankrupt economists on their way to becoming financially so...

[JKSCHW at aol.com]

You can't get prison time in a civil case. The guy was already in jail, after being tried in Florida. Some of his victims sued his corporation civilly here (Illinois)--it has no money, but they needed the judgment for some purpose or other. --jks

In a message dated Wed, 27 Sep 2000  2:07:22 PM Eastern Daylight Time, jf noonan <jfn1 at msc.com> writes:

<< On Wed, 27 Sep 2000 JKSCHW at aol.com wrote:


> I drafted an opinion in a civil case involving a guy who was
> convicted of defrauding a bond issuer of $130 million. A
> federal judge in Florida gave him 740 years in the slam,
> plus three years supervised release, plus 75 hours of
> community service. There is no parole in the federal system.
> So, in principle, these Harvard guys could face real trouble
> id the US atty gets interested. --jks

How can you get prison time for a civil case?  I thought that
was one of the major distinction between civil and criminal law.
I further thought that that was the reason the standard of proof
was lower in civil actions (i.e. you can't lose your liberty,
only your money).

--

Joseph Noonan
Houston, TX
jfn1 at msc.com

 >>