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Thread: Form MLB All-Star Doug Decinces busted on Insider Trading

  1. #21
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    Quote Originally Posted by Walter Sobchak View Post
    Quote Originally Posted by Fergie72 View Post

    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.
    What makes you say so?
    I believe they passed a law protecting themselves from it.

  2. #22
    Owner Dan Druff's Avatar
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    Basically here is how I feel about the severity of crime, from worst to lesser:

    1) Terrorism: This is the worst because it involves both mass murder and the intention to create fear/chaos as a result of the murders. So basically a terrorist kills and wants everyone to be afraid that they will be killed next.

    2) Violent crime: Self-explanatory. The worst kind of crime aside from terrorism.

    3) White collar crime against individuals or small businesses: Not violent, but still very bad. Ruining someone financially through scams or theft can be extremely damaging, even if you never lay a finger on them. These people are scum and are typically very heartless, and deserve a steep punishment.

    4) White collar crime against corporations: Still a crime, and still deserving of punishment, but not nearly as bad as white collar crime against individuals. This is because, in most cases, no one individual suffers really badly from it. It's still wrong, but if I hear about a guy stealing $5 million from a big company, I still think much more of him than some asshole who cheated 100 different old ladies collectively out of $5 million.

    Incidentally, the difference in my mind between #4 and #3 is why I don't see a guy like Daniel Tzvetkoff (who stole from poker sites and other payment processors) to be as bad as guys like Russ Hamilton and Scott Tom (who stole directly from innocent poker players). I also put Howard Lederer more in the Russ Hamilton category, because he also stole directly from the players. The only thing making him slightly better is the fact that he probably believed that Full Tilt would keep making enough money to continue processing cashouts, thus giving himself the belief that he was more borrowing than stealing. Russ Hamilton and Scott Tom knew they were stealing directly from people, and were in fact proud of it.

  3. #23
    Photoballer 4Dragons's Avatar
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    Quote Originally Posted by SrslySirius View Post
    Quote Originally Posted by Walter Sobchak View Post

    What makes you say so?
    I believe they passed a law protecting themselves from it.
    Yup, here is some stuff from Druff's fav show (VIDEO): http://www.cbsnews.com/8301-18560_16...e-information/

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