former San Fernando Valley star athelete (graduate of Monroe High School class of 1968 and attendee of Pierce JR College, the place Ken Scalir haunts to this day) was indicted today for insider trading...its claimed he netted $1.7 million of illegal profits
http://msn.foxsports.com/mlb/story/d...-angels-112812
Isn't insider trading extremely hard to prove? They must have an open and shut case.
1.7m... regular ass madoff they got here.
It's amazing how much risk insider traders take compared to the profit they make. Bank robbers are even more -EV.
Also if you're a former MLB all-star you should have enough money to live comfortably if you manage your money and lifestyle prudently.
The stupidity of some people amazes me.
SOBCHAK SECURITY 213-799-7798
PRESIDENT JOSEPH R. BIDEN JR., THE GREAT AND POWERFUL
What's the most amount of time in prison you would spend for 1.7m? I think if I'm being completely honest I'd do a full year. I don't make anywhere near that amount now per year but I'd have small stipulations like my own cell, TV etc. I would stay away from the jail house food and eat whatever you can buy in the store. I'd probably be living off ramen and doritos for a year but I've done that before in college so for 1.7m whatever. As far as showers go I'd cut down on it significantly and avoid the yard like the plague.
You're basically snow white on ramen and doritos for 1 year for 1.7m. When you're up you're watching TV and reading books.
Straigh deal the time for the money, I agree. But in this case the Feds will be on him to recover the money for the rest of his life.Originally Posted by lewfather
SOBCHAK SECURITY 213-799-7798
PRESIDENT JOSEPH R. BIDEN JR., THE GREAT AND POWERFUL
Generally white collar criminals aren't going to be sent to a place where you need to worry about dropping the soap.
I've never really had a disdain for white collar criminals. I could see committing some white collars crimes if the price was right, especially if it was a 'grey area'.
TRUMP 2024!
The problem with insider trading is the lax definition of it. If you go to a let's say High School reunion and talk to an old buddy and he's hammered and he says 'oh yeah i work at this drug firm and things are going well, keep it on the dl but this new drug is gonna get approved by the FDA in a couple of months" and you go home and plunk down a chunk of cash on his companies stock - poof - off to jail with you. Horseshit.
I had a relative sent to federal prison on basically was a white collar crime for a three year stretch. I never saw him in jail, but he told me years later after a year sitting in a cement jail he damn near hung himself do to boredom.Generally white collar criminals aren't going to be sent to a place where you need to worry about dropping the soap.
True story, at least according to him: He had some words with some guy over the TV channels. A week later he went to his bunk and there was a huge festering piece of feces under his pillow. LOL. Not exactly OZ but traumatic if you ask me.
That's a problem. You should have someone look at it. These crimes still hurt people and not caring about that is not a good sign.
You hate America, and have an avatar of an American lead singer....who happened to shoot himself in the face....hmmm...nevermind, just keep on keepin on.That's a problem. You should have someone look at it. These crimes still hurt people and not caring about that is not a good sign.
Wasn't he allowed to read books or something?I had a relative sent to federal prison on basically was a white collar crime for a three year stretch. I never saw him in jail, but he told me years later after a year sitting in a cement jail he damn near hung himself do to boredom.
True story, at least according to him: He had some words with some guy over the TV channels. A week later he went to his bunk and there was a huge festering piece of feces under his pillow. LOL. Not exactly OZ but traumatic if you ask me.
Having words over the TV channels in prison seems -EV. If I were in prison I would avoid all conflict with anyone at all costs unless I had to act in self-defense.
SOBCHAK SECURITY 213-799-7798
PRESIDENT JOSEPH R. BIDEN JR., THE GREAT AND POWERFUL
errrr not sure how that relates to this thread. To be clear I hate "America" which is the hype factory, the bullshit politics etc. I don't hate the people.You hate America, and have an avatar of an American lead singer....who happened to shoot himself in the face....hmmm...nevermind, just keep on keepin on.
Cobain was an artist and had what most don't. He was a tortured soul and a good example that the "American Dream" is fallacy. All the money possible wasn't the answer to happiness.
I think he would have knuckled up if he didn't have a chronic stomach issue.errrr not sure how that relates to this thread. To be clear I hate "America" which is the hype factory, the bullshit politics etc. I don't hate the people.
Cobain was an artist and had what most don't. He was a tortured soul and a good example that the "American Dream" is fallacy. All the money possible wasn't the answer to happiness.
"You run into an asshole in the morning, you ran into an asshole; you run into assholes all day, you're the asshole."
He should have run for office after his playing days were over. Its completely legal for our leaders in Washington to insider trade. Life is pretty good when the rules dont apply to you.
"Let us be thankful for the fools. But for them the rest of us could not succeed. " -Mark Twain
twitter.com/jvferg72
Look at this guy's stats. He had a HUGE year in 1982. Guy lost his way apparently.
What makes you say so?He should have run for office after his playing days were over. Its completely legal for our leaders in Washington to insider trade. Life is pretty good when the rules dont apply to you.
SOBCHAK SECURITY 213-799-7798
PRESIDENT JOSEPH R. BIDEN JR., THE GREAT AND POWERFUL
he got off the steroidsLook at this guy's stats. He had a HUGE year in 1982. Guy lost his way apparently.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Reply With Quote
