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View Full Version : Cure for white-collar crime?



KLang
09-14-04, 06:09 PM
CNN link (http://money.cnn.com/2004/09/14/news/international/china_banks.reut/index.htm?cnn=yes)


BEIJING (Reuters) - China executed four people, including employees of two of its Big Four state-owned banks, for fraud totaling $15 million, the state Xinhua news agency said Tuesday.


:eek:

I wonder if that approach would work in this country?

RTKar
09-14-04, 06:21 PM
Hmmm...I wonder if they consider white collar crime to be executives being payed an exorbitant bonus while the rank and file are layed off, profits fall, and the stock drops ???

oddlycalm
09-15-04, 04:16 PM
The Chinese government only got excited because it was their money that got misappropriated. If those involved had pirated someone else's money or property they wouldn't even have investigated it.

Also, if we hotly pursued and executed white collar criminals, would there be anyone left to finance our political candidates...? :eek:

oc

RichK
09-15-04, 04:40 PM
Also, if we hotly pursued and executed white collar criminals, would there be anyone left to finance our political candidates...? :eek:

oc

2 birds, 1 stone. I like it!

4wheeldrifter
09-16-04, 08:05 AM
CNN link (http://money.cnn.com/2004/09/14/news/international/china_banks.reut/index.htm?cnn=yes)



:eek:

I wonder if that approach would work in this country?

He||, for the most part, we don't even send ours to prison. Martha Stewart and her 40 thou "misstep" notwithstanding. :shakehead