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Going to be thinking about getting your kid into college. if the stanford sailing coach calls you and offers you an opportunity to get your kid in for a $100,000 donation for the sailing program, you are going to hang up the phone because you saw aunt becky do a perp walk. until -- until a tech executive does a perp walk, it's more the same in my view. >> you think that could happen? >> that's a correct question. most lawyers say it'd be very sketchy legal foundation. but you have a cartel pricing case in texas that could be federalized and the reason that's important is the remedies there are...

Whatever. i mean, any parent knows to try -- i mean, you know this, you are a parent. to try to take away social media from your kid is, from what i hear, not an easy thing to do. i mean, you have talked about this concept called the algorithm of deterrence. what does that mean in relation to these revelations? >> so the greatest cop in the world is deterrence. simply put, it's the probability you are going to get something caught or illegal times the penalty should be greater than the relative upside. and what we have here is a company that's added 700 billion in market cap in the last few ye...

>> well, one thing we know, fred, is that one of the coaches involved in the cheating scandal that was a coach at stanford university at his sentencing, during his sentencing process the prosecutors recommended he receive 13 months in jail. now, ultimately the judge decided that he would only serve a day in jail because the money, the bribes he received went to the sailing program at stanford and a determination that he didn't get any of the money. he didn't benefit personally from any of the money but i think the coaches involved in the case should expect that the prosecutors are going to rec...

Don't want to be a moralist by any means, there's other people who can judge you, but part of a factor in sentencing someone is not only punishment but it's deterrents. you have to send a message that certain conduct is not appropriate, it will not be tolerable, it is just unacceptable. >> we're going to stop contributions to sailing programs at other schools? most of them don't even have any boats, joey. >> it's not about the sailing program, it's about the administrator who exercises authority over any program, we're not talking about sailing, we're talking about anything and everything wher...

He took the $700,000 put it back into the program and he has a spotless prior record. so the judge is looking at him compared to who else is usually on her docket, terrorists, drug dealers, kidnappers, murderers and then who walks into court, the stanford sailing coach. >> but -- >> what are we going to do, send him to the slammer? >> i don't know. but using that logic a mom like felicity huffman shouldn't get any prison time, either, because she has no prior record, she has served the community, she is a good mom. >> it's different. >> why? >> she probably deserves some jail time because she ...