Money and Finance
Iran sentences bank fraudsters to death
Maybe the judges read Jason Zweig’s article from over the weekend.
An Iranian court has sentenced four people to death for their role in a $2.8bn bank fraud, in a ruling that is set to intensify the battle between president Mahmoud Ahmadi-Nejad and conservative opponents ahead of a crucial election next year.
On Monday, Iran’s judiciary spokesman Gholam-Hossein Mohseni-Ejei said four people suspected of involvement in the fraud, the country’s biggest ever, had been sentenced to death, according to the semi-official ISNA news agency.
“The judge of the big corruption case has issued a death verdict for four out of the 39 suspects,” Mr Ejei said in his weekly press briefing, declining to name the four suspects. The others have been sentenced to life imprisonment and face jail terms as long as 25 years.
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Montaigne Quote
From The Complete Essays of Montaigne: "Look on each day as if it were your last, And each unlooked-for hour will seem a boon." HORACE It is uncertain where death awaits us; let us await it everywhere. Premeditation of death is premeditation...
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Michael Lewis: Did Goldman Sachs Overstep In Criminally Charging Its Ex-programmer?
A month after ace programmer Sergey Aleynikov left Goldman Sachs, he was arrested. Exactly what he’d done neither the F.B.I., which interrogated him, nor the jury, which convicted him a year later, seemed to understand. But Goldman had accused him of...
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William Irvine Interview (may 2012)
Irvine’s new book, A Slap in the Face: Why Insults Hurt--And Why They Shouldn't, was just released. It is a follow-up to his book A Guide to the Good Life. Jim Fleming: Although it can be uncomfortable, to look death in the face, contemplatives...
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Mf Global Timeline
Via Zero Hedge: In order to get to the bottom of every collapse (or death), a forensic analysis of the last minutes of any transition from life to death has to be perormed. So far, we have only had broad strokes of the key events in the last days of MF...
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Do You Suffer From Decision Fatigue?
Found via Simoleon Sense. Three men doing time in Israeli prisons recently appeared before a parole board consisting of a judge, a criminologist and a social worker. The three prisoners had completed at least two-thirds of their sentences, but the parole...
Money and Finance