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Cigar
04-23-2014, 10:32 AM
A former Bank of America senior vice president who conspired to rig municipal bond bids will not face prison time, despite pleading guilty.

Douglas Campbell escaped a possible 35-year jail sentence because he cooperated with prosecutors, investigating bid rigging in the municipal bond market which is worth $3.7tn (£2.2tn, €2.7tn).

He pleaded guilty in 2010 to three counts of wire fraud, conspiracy, and conspiracy to retain trade.

Campbell received a fine of just $300 and no further penalty.

US District Judge Kimba Wood said that the former Bank of America employee deserved clemency for his cooperation with federal investigators for almost a decade.

Campbell's lawyer, Walter Mack, said in a letter to the judge: "I have never represented a cooperating defendant who has given so much for so long at such cost to himself and his family."


http://www.ibtimes.co.uk/former-bank-america-senior-vp-guilty-bond-bid-rigging-escapes-jail-1445692

Well it's a good thing he wasn't found with 8 grams of Cocaine on him, otherwise he'd be looking at Life in Prison ... :laugh:

Oh wait ... he's not Black :wink:

Captain Obvious
04-23-2014, 10:34 AM
If he were black and in possession it would be crack, not coke.

Cigar
04-23-2014, 10:37 AM
If he were black and in possession it would be crack, not coke.

Crack is Cocaine :huh:

Captain Obvious
04-23-2014, 10:41 AM
Crack is Cocaine :huh:

http://assets.diylol.com/hfs/70b/194/6b6/resized/successful-black-man-meme-generator-i-like-my-women-like-i-like-my-crack-cheap-dirty-and-white-eda1d5.jpg

hanger4
04-23-2014, 10:56 AM
A former Bank of America senior vice president who conspired to rig municipal bond bids will not face prison time, despite pleading guilty. Douglas Campbell escaped a possible 35-year jail sentence because he cooperated with prosecutors, investigating bid rigging in the municipal bond market which is worth $3.7tn (£2.2tn, €2.7tn). He pleaded guilty in 2010 to three counts of wire fraud, conspiracy, and conspiracy to retain trade. Campbell received a fine of just $300 and no further penalty. US District Judge Kimba Wood said that the former Bank of America employee deserved clemency for his cooperation with federal investigators for almost a decade. Campbell's lawyer, Walter Mack, said in a letter to the judge: "I have never represented a cooperating defendant who has given so much for so long at such cost to himself and his family." http://www.ibtimes.co.uk/former-bank-america-senior-vp-guilty-bond-bid-rigging-escapes-jail-1445692Well it's a good thing he wasn't found with 8 grams of Cocaine on him, otherwise he'd be looking at Life in Prison ... :laugh:Oh wait ... he's not Black :wink:Was Holder to lenient ??

nathanbforrest45
04-23-2014, 11:03 AM
Only a bedshitter would be concerned about this.

donttread
04-23-2014, 05:46 PM
A former Bank of America senior vice president who conspired to rig municipal bond bids will not face prison time, despite pleading guilty.

Douglas Campbell escaped a possible 35-year jail sentence because he cooperated with prosecutors, investigating bid rigging in the municipal bond market which is worth $3.7tn (£2.2tn, €2.7tn).

He pleaded guilty in 2010 to three counts of wire fraud, conspiracy, and conspiracy to retain trade.

Campbell received a fine of just $300 and no further penalty.

US District Judge Kimba Wood said that the former Bank of America employee deserved clemency for his cooperation with federal investigators for almost a decade.

Campbell's lawyer, Walter Mack, said in a letter to the judge: "I have never represented a cooperating defendant who has given so much for so long at such cost to himself and his family."


http://www.ibtimes.co.uk/former-bank-america-senior-vp-guilty-bond-bid-rigging-escapes-jail-1445692

Well it's a good thing he wasn't found with 8 grams of Cocaine on him, otherwise he'd be looking at Life in Prison ... :laugh:

Oh wait ... he's not Black :wink:

He could more than that for a joint in some places. Our legal system is broken.

The Xl
04-23-2014, 06:00 PM
Bankers are above the law, and the average drug offender, especially black ones, get time for doing nothing wrong.

The legal system in the US is a farce and I refuse to acknowledge it's legitimacy.

Mainecoons
04-23-2014, 08:47 PM
Finding a black ghetto dweller that does no wrong is pretty iffy these days.

Definitely they should be sharing space with bankers. Funny, this administration hasn't sent many of the latter there. I guess their campaign donations were just too rich.

Newpublius
04-23-2014, 09:15 PM
A former Bank of America senior vice president who conspired to rig municipal bond bids will not face prison time, despite pleading guilty.

Douglas Campbell escaped a possible 35-year jail sentence because he cooperated with prosecutors, investigating bid rigging in the municipal bond market which is worth $3.7tn (£2.2tn, €2.7tn).

He pleaded guilty in 2010 to three counts of wire fraud, conspiracy, and conspiracy to retain trade.

Campbell received a fine of just $300 and no further penalty.

US District Judge Kimba Wood said that the former Bank of America employee deserved clemency for his cooperation with federal investigators for almost a decade.

Campbell's lawyer, Walter Mack, said in a letter to the judge: "I have never represented a cooperating defendant who has given so much for so long at such cost to himself and his family."


http://www.ibtimes.co.uk/former-bank-america-senior-vp-guilty-bond-bid-rigging-escapes-jail-1445692

Well it's a good thing he wasn't found with 8 grams of Cocaine on him, otherwise he'd be looking at Life in Prison ... :laugh:

Oh wait ... he's not Black :wink:

well, they have this in the drug trade too, some witnesses get immunity to testify against other witnesses. Nothing particularly unusual here actually.

The Xl
04-23-2014, 09:53 PM
Finding a black ghetto dweller that does no wrong is pretty iffy these days.

Definitely they should be sharing space with bankers. Funny, this administration hasn't sent many of the latter there. I guess their campaign donations were just too rich.

When someone is sentenced to a prison sentence because of a non violent drug offense and that alone, they have done nothing wrong, unless convicted of an actual crime.