Sentencing Law and Policy: "Madoff Mercy: How long should the Ponzi schemer go to prison for?"
The title of this post is the title of this Slate commentary by Harlan Protass, who uses all the ugly Wall Street news to spotlight the the over-emphasis of loss in how the federal sentencing guidelines deal with white-collar fraud. Here are lengthy excerpts from an effective piece: [W]hen it comes to large-scale frauds involving public companies and their millions of shares, the guidelines grounding in mathematics sometimes results in sentences that are, quite literally, off the chart. ...
Source: typepad.com