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Personally, I think this is more about a sense of power, rather than simply 'billionaire envy'. I've seen that people at a certain level think that normal rules
by asg 14y ago
Personally, I think this is more about a sense of power, rather than simply 'billionaire envy'. I've seen that people at a certain level think that normal rules don't apply to them. This operates quite insidiously too, it's not always a chest thumping, fist pumping, 'I rule the world' kind of behaviour. I imagine Mr Gupta thinks of himself as a regular law abiding citizen, but didn't think there was anything wrong about him helping out a friend with his contacts.
Also, I'm quite astonished by the fact that that 60 of the 66 charges have been resolved by guilty pleas or verdict. In many of these high profile cases, detractors claim 'witch hunt', and a quite often win on appeal. However, with these statistics, anyone who claims that there isn't something rotten going on is on doesn't have much to stand on.
All in all however, a 63 year old man who was something of a personal icon is going to jail. Sad, particularly for his family, but count me impressed by Preet Bharara.