Exercise your right to freedom of speech!
Write:(1)
The Honorable Miriam Goldman Cedarbaum
United States District Judge
Southern District of New York
500 Pearl Street
New York, NY 10007
and request he use his given powers to throw the jury verdict out as a travesty of justice.
Why is this a travesty of justice? Bank of America, when caught doing almost the exact same thing, gets to pay a fine of $515 million, of shareholder money no less, and have a few board members resign (or were they going to retire anyway?).(2) Putnam, charged with improper trading by the SEC, gets to make changes to its internal practices and shuffle the board some.(3) They don't even have to pay a fine, as long as it gets Eliot Spitzer, New York attorney general, more press and some face time with Congress. In another story, Alliance Capital pays $250 million, but has no jail time for any of its wrongdoers.(4)
So what it boils down to is this. . . If you have the capability to pay the "state" millions of someone else's money, then you get a "get out of jail" free card and few if any consequences. Please write the Judge and try to stop this lunacy.
Thanks,
M.J. Taylor
- This is the judge that will be setting the sentence. back to text
- Marcy Gordon, B of A, FleetBoston to pay fines for mutual fund violations, The Associated Press back to text
- Scandal-hit US fund agrees deal, BBC NEWS back to text
- US mutual fund hit by record fine, BBC NEWS back to text
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