Comparing white-collar sentences

Originaly by LA Times: Shorter sentences: Bernard Madoff’s 150-year prison sentence far exceeds those given for other white-collar crimes of the last three decades.

Ivan Boesky The central player in Wall Street’s insider trading scandals of the 1980s served 22 months of a three-year sentence for lying to regulators.

Michael Milken The junk bond king was sentenced in 1990 to 10 years in prison for securities fraud and conspiracy. He served 22 months.

Charles Keating Jr. The head of the failed Lincoln Savings & Loan was sentenced in 1993 to 12 years, seven months for looting the company and swindling investors. His convictions were later overturned and he was released after serving four years and eight months.

Bernard J. Ebbers The former chief executive of WorldCom was sentenced in 2005 to 25 years for orchestrating an $11-billion accounting fraud. He is in federal prison.

L. Dennis Kozlowski The former head of Tyco International was sentenced in 2005 to eight to 25 years for defrauding shareholders. He is in New York state prison.

Jeffrey K. Skilling The former Enron chief executive was sentenced in 2006 to 24 years, four months for his role in the collapse of the company. He is in federal prison.


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