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Andrew Fastow Sentenced to Six Years

Discussion in 'BBS Hangout' started by RocketMan Tex, Sep 26, 2006.

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  1. RocketMan Tex

    RocketMan Tex Member

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    CNN breaking news is reporting that Andrew Fastow has received a six year sentence for his part in the Enron debacle. Will post a link as soon as I can.

    IMHO....he got off lightly, even if he cooperated.
     
    #1 RocketMan Tex, Sep 26, 2006
  2. updawg

    updawg Member

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    got off way too easy
     
    #2 updawg, Sep 26, 2006
  3. RocketMan Tex

    RocketMan Tex Member

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    #3 RocketMan Tex, Sep 26, 2006
  4. oomp

    oomp Member

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    I thought the deal was for 10??? Big money gets away again.
     
    #4 oomp, Sep 26, 2006
  5. Master Baiter

    Master Baiter Member

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    What a joke.
     
    #5 Master Baiter, Sep 26, 2006
  6. RocketMan Tex

    RocketMan Tex Member

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    In the past few months, he has been cooperating with the lawyers representing stockholders trying to get their money back from the banks.

    Plus, he's done a bunch of community service stuff, especially with the Jewish community.

    Personally, that is not enough IMHO to warrant a reduction from 10 years. The guy is a gonif (that's Yiddish for thief) and he needs to pay.

    I do know, however, that if I ever get in legal trouble regarding a swindle, the first phone calls I am making will be to David Gerger and John Keker. They did a wonderful job for their scumbag client.
     
    #6 RocketMan Tex, Sep 26, 2006
  7. RocketMan Tex

    RocketMan Tex Member

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    I want to see what the government is doing to (1) take his money away and (2) ensure that he will not profit from a tell all book or a TV movie.
     
    #7 RocketMan Tex, Sep 26, 2006
  8. edwardc

    edwardc Member

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    It' will be a cake walk for him playing golf everyday .
     
    #8 edwardc, Sep 26, 2006
  9. rrj_gamz

    rrj_gamz Member

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    That is a joke...Ebbers from World Com got 25 years...I know he's the CEO, but still, Fastow did the deed...
     
    #9 rrj_gamz, Sep 26, 2006
  10. Aceshigh7

    Aceshigh7 Member

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    Andrew Fastow masterminded most of the off the books transactions, hiding debt and losses for Enron as well as enriching himself. I have read numerous books and documents on Enron and it really seems like Fastow was the dirtiest one.

    Fastow gets 6 years and Skilling is probably looking at 25 or so? That doesn't seem fair at all. Fastow got a sweetheart deal.
     
    #10 Aceshigh7, Sep 26, 2006
  11. BenignDMD

    BenignDMD Member

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    BS...he should be in jail for a lot longer than that! Can he get parole?
     
    #11 BenignDMD, Sep 26, 2006
  12. Achilleus

    Achilleus Member

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    Is it at least a "pound me in the ass" prison?

    - Michael Bolton
     
    #12 Achilleus, Sep 26, 2006
  13. Phreak3

    Phreak3 Member

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    Are there really prisons like this? If so, how do I sign up.
     
    #13 Phreak3, Sep 26, 2006
  14. bejezuz

    bejezuz Member

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    No parole in federal prison.

    Besides, he won't actually go to jail (most likely) until his appeal is exhausted.
     
    #14 bejezuz, Sep 26, 2006
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