Securities
Nov. 7, 2006
Sentencing Guidelines Encourage Draconian Punishments for Securities Fraud
FORUM COLUMN - By Howard M. Privette - In the wake of the post-1990s wave of accounting scandals involving companies such as Enron, WorldCom and Adelphia, there was a hue and cry for retribution.
Forum Column
By Howard M. Privette
In the wake of the post-1990s wave of accounting scandals involving companies such as Enron, WorldCom and Adelphia, there was a hue and cry for retribution. In response, politicians and prosecutors set up task forces and called press conferences to talk tough about corporate crime. High-profile prosecutions produced vivid images of handcuffed corporate executives forced to do the pe...
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