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SEC doesn't put people in prison, it can refer to Justice Department for prosecution. Whether it does or not, depends on the circumstances of the case. They p

SEC doesn't put people in prison, it can refer to Justice Department for prosecution. Whether it does or not, depends on the circumstances of the case. They prefer quick resolution rather than years of litigation.

georgeecollins 9y ago
Many people are in jail today because they can't post bail. You can discourage ever facing incarceration by being able to afford a good legal defense. You can be forced to accept incarceration without conviction because you are poor.
- TremendousJudge 9y ago
  "In its majestic equality, the law forbids rich and poor alike to sleep under bridges, beg in the streets and steal loaves of bread" - Anatole France
  - georgeecollins 9y ago
    My mom was a judge, and I learned that saying because she had it posted in her chambers.
- mevile 9y ago
  I doubt Holmes can afford much of anything anymore.
  - wolf550e 9y ago
    Surely her family will pay for a lawyer to keep her out of prison.
  - anigbrowl 9y ago
    I'm pretty sure that I won't find her living in a tent any time soon.
enlightenedfool 9y ago
Yeah, it's easy for the government to threaten plebs with prison for misreporting a few thousands in taxes...because they can't defend themselves like Holmes does.
- vasilipupkin 9y ago
  let's dispense with political bullshit. A protracted lawsuit would cost the government millions of dollars with an uncertain outcome. Instead, Holmes is paying the government 500K and returning shares. The SEC is going to court against Balwani, where the case is presumably stronger. the plebs is strictly better off and not everything the government does is bad.
  - briandear 9y ago
    So if it’s too expensive, we should let criminals walk? Fraud is a crime you know. She should be in jail. Kids have gone to prison for marijuana possession and this lady walks? Martha Stewart and that Martin guy went to prison for less.
    - vasilipupkin 9y ago
      no, you are totally confused. SEC doesn't have a strong case to prove that Holmes is a criminal. get it? you have to PROVE first that Holmes is a criminal and SEC decided, based on the quality of the evidence, that it is better off settling with her than trying to PROVE she is a criminal.
  - pron 9y ago
    Saying that people are better off with a quick resolution rather than a court case is also a political statement, as it's an opinion on what we as a society should value.
    - vasilipupkin 9y ago
      no. people are better off with a quick resolution because professional attorneys at the SEC decided that the legal case against Holmes is not strong enough to waste taxpayer money trying to PROVE she committed a crime. Calling their decision into question without a shred of evidence that they did something suboptimal, based on your political beliefs alone, is what I am advocating against. EDIT: Which part of this statement are the downvoters disagreeing with ?

georgeecollins 9y ago

Many people are in jail today because they can't post bail. You can discourage ever facing incarceration by being able to afford a good legal defense. You can be forced to accept incarceration without conviction because you are poor.

TremendousJudge 9y ago
"In its majestic equality, the law forbids rich and poor alike to sleep under bridges, beg in the streets and steal loaves of bread" - Anatole France
- georgeecollins 9y ago
  My mom was a judge, and I learned that saying because she had it posted in her chambers.
mevile 9y ago
I doubt Holmes can afford much of anything anymore.
- wolf550e 9y ago
  Surely her family will pay for a lawyer to keep her out of prison.
- anigbrowl 9y ago
  I'm pretty sure that I won't find her living in a tent any time soon.

enlightenedfool 9y ago

Yeah, it's easy for the government to threaten plebs with prison for misreporting a few thousands in taxes...because they can't defend themselves like Holmes does.

vasilipupkin 9y ago
let's dispense with political bullshit. A protracted lawsuit would cost the government millions of dollars with an uncertain outcome. Instead, Holmes is paying the government 500K and returning shares. The SEC is going to court against Balwani, where the case is presumably stronger. the plebs is strictly better off and not everything the government does is bad.
- briandear 9y ago
  So if it’s too expensive, we should let criminals walk? Fraud is a crime you know. She should be in jail. Kids have gone to prison for marijuana possession and this lady walks? Martha Stewart and that Martin guy went to prison for less.
  - vasilipupkin 9y ago
    no, you are totally confused. SEC doesn't have a strong case to prove that Holmes is a criminal. get it? you have to PROVE first that Holmes is a criminal and SEC decided, based on the quality of the evidence, that it is better off settling with her than trying to PROVE she is a criminal.
- pron 9y ago
  Saying that people are better off with a quick resolution rather than a court case is also a political statement, as it's an opinion on what we as a society should value.
  - vasilipupkin 9y ago
    no. people are better off with a quick resolution because professional attorneys at the SEC decided that the legal case against Holmes is not strong enough to waste taxpayer money trying to PROVE she committed a crime. Calling their decision into question without a shred of evidence that they did something suboptimal, based on your political beliefs alone, is what I am advocating against. EDIT: Which part of this statement are the downvoters disagreeing with ?