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Rich people do go to jail. These are just some of the bigger, more famous fish - John Kapoor, Bernie Ebbers, Scott Sullivan, Jeff Skilling, Martin Grass, John

Rich people do go to jail. These are just some of the bigger, more famous fish - John Kapoor, Bernie Ebbers, Scott Sullivan, Jeff Skilling, Martin Grass, John and Timothy Rigas, Bernie Madoff, Michael Milken, Richard Scrushy, Joseph Nacchio, Martha Stewart, Ivan Boesky, Jordan Belfort, Sanjay Kumar, Allen Stanford, Raj Rajaratnam, Walter Forbes, Eddie Antar, Dennis Kozlowski, Sam Waksal, Alfred Taubman, Russell Wasendorf, Samuel Israel III, Stewart Parnell, Chris Collins, Kareem Serageldin, Andrew Fastow, Charles Keating, Martin Shkreli, Barry Minkow, Michael Steinberg, Phil Spector, Bill Cosby, Michael Avenatti, Harvey Weinstein, Suge Knight, Jeffrey Epstein, Ken Lay (escaped prison by dying) To this list you can add hundreds of bankers from the Savings & Loan crisis that went to prison, and a large number of famous embezzlement cases involving large sums (eg John Doorly, Sujata Sachdeva, Melissa King, Omino Siddiqui). It's too bad the Obama Admin intentionally chose not to pursue almost any prosecutions after the most recent financial crisis, or you could probably staple many more names to this list. One of the greatest avoid-jail corporate hand-outs in US history, representing hyper corruption at the highest levels.

leereeves 5y ago
I assume you're being downvoted for the claim about Obama, so here's a source: > The Untouchables: How the Obama administration protected Wall Street from prosecutions https://www.theguardian.com/commentisfree/2013/jan/23/untouchables-wall-street-prosecutions-obama https://www.theguardian.com/commentisfree/2013/jan/23/untouc...
- Supermancho 5y ago
  Not because of the Obama (or Trump or the number of other presidents who have protected the wealthy). The number of famous names is easily matched by the conviction rulings in any given city by those of modest or minimal means.
  - leereeves 5y ago
    Sure, but the number of famous people in the world is a tiny fraction of the number of people of modest or minimal means. For the number of rich people (1%-ers) who go to jail to be similar to the number of poor people who go to jail, every rich person in the US would have to go to jail, simply because there are, by definition, 99x as many non-1%-ers.
    - Supermancho 5y ago
      > the number of famous people in the world is a tiny fraction of the number of people of modest or minimal means. That's related to the point I was making, absolute numbers or specific cases are irrelevant. The percentage of convictions (versus cases brought) when categorized by tax bracket, is the second most influential indicator of conviction probability (after proof).
      - leereeves 5y ago
        I agree, it's harder to convict rich people (mostly because it's far too easy to convict poor people). But that's a lot different from the original claim "rich people don't go to jail."

leereeves 5y ago

I assume you're being downvoted for the claim about Obama, so here's a source: > The Untouchables: How the Obama administration protected Wall Street from prosecutions https://www.theguardian.com/commentisfree/2013/jan/23/untouchables-wall-street-prosecutions-obama https://www.theguardian.com/commentisfree/2013/jan/23/untouc...

Supermancho 5y ago
Not because of the Obama (or Trump or the number of other presidents who have protected the wealthy). The number of famous names is easily matched by the conviction rulings in any given city by those of modest or minimal means.
- leereeves 5y ago
  Sure, but the number of famous people in the world is a tiny fraction of the number of people of modest or minimal means. For the number of rich people (1%-ers) who go to jail to be similar to the number of poor people who go to jail, every rich person in the US would have to go to jail, simply because there are, by definition, 99x as many non-1%-ers.
  - Supermancho 5y ago
    > the number of famous people in the world is a tiny fraction of the number of people of modest or minimal means. That's related to the point I was making, absolute numbers or specific cases are irrelevant. The percentage of convictions (versus cases brought) when categorized by tax bracket, is the second most influential indicator of conviction probability (after proof).
    - leereeves 5y ago
      I agree, it's harder to convict rich people (mostly because it's far too easy to convict poor people). But that's a lot different from the original claim "rich people don't go to jail."