3 ms·

> A sentence of 25 years completely destroys his life. No, it does not "destroy his life". He will be in his early/mid-50's when gets out. Someone with his pri

> A sentence of 25 years completely destroys his life. No, it does not "destroy his life". He will be in his early/mid-50's when gets out. Someone with his privilege, education and resources should have known better. It's hard to feel sympathy. I expect that sufficient punishment in cases like this will serve as a deterrent for others like SBF who would do the same. Hopefully he is ALSO restricted, for life, from ever working in finance again.

tyingq 3y ago
>Hopefully he is ALSO restricted, for life, from ever working in finance again. A felony conviction is pretty effective for heavily restricting any type of employment. The universal and cheap access to background checks means work is either places that deliberately have "hire a felon" programs or some type of self-employment, or connections with people very high up in a company. Though all those angles are also complicated if any sort of state licensing is involved.
- mrguyorama 3y ago
  That doesn't actually seem to be the case for white collar criminals though. That guy from Wolf of Wall street is conning people to this very day, including being a hype guy for crypto scams!
  - tyingq 3y ago
    I don't know for sure, but "hype guy" probably means self-employed and companies pay his company for that sort of thing. That is available for blue-collar felons also.
- gorbachev 3y ago
  Is it everywhere though? He's already proven he's perfectly fine running his empires from countries with a more relaxed attitude to financial regulations.
hereonout2 3y ago
I didn't read any sympathy in that comment, they just seem to be pointing out that 25 years is not a "low" sentence. I would also agree that spending a 3rd of your life in prison is in effect destroying it.
commakozzi 3y ago
It'll serve as a deterrent in the same way that Bernie Madoff's case did?
- crispyambulance 3y ago
  Maybe it speaks as a deterrent to some people and not others. That's OK.

tyingq 3y ago

>Hopefully he is ALSO restricted, for life, from ever working in finance again. A felony conviction is pretty effective for heavily restricting any type of employment. The universal and cheap access to background checks means work is either places that deliberately have "hire a felon" programs or some type of self-employment, or connections with people very high up in a company. Though all those angles are also complicated if any sort of state licensing is involved.

mrguyorama 3y ago
That doesn't actually seem to be the case for white collar criminals though. That guy from Wolf of Wall street is conning people to this very day, including being a hype guy for crypto scams!
- tyingq 3y ago
  I don't know for sure, but "hype guy" probably means self-employed and companies pay his company for that sort of thing. That is available for blue-collar felons also.
gorbachev 3y ago
Is it everywhere though? He's already proven he's perfectly fine running his empires from countries with a more relaxed attitude to financial regulations.

hereonout2 3y ago

I didn't read any sympathy in that comment, they just seem to be pointing out that 25 years is not a "low" sentence. I would also agree that spending a 3rd of your life in prison is in effect destroying it.

commakozzi 3y ago

It'll serve as a deterrent in the same way that Bernie Madoff's case did?

crispyambulance 3y ago
Maybe it speaks as a deterrent to some people and not others. That's OK.