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interesting, although it is not clear how long he was in prison for.

• cinntaile 1y ago
  A year or two it sounds like. They had a kid around covid and he was out 2022.
  • simianwords 1y ago
    not enough to get a phd
    • exasperaited 1y ago
      It doesn't say he started his PhD in prison, though. It says he finished it.
    • supermatt 1y ago
      Oppenheimer completed his phd in 2 years…
      • tonyhart7 1y ago
        also 2 years in prison flow differently lol he get to think a lot
      • 0cf8612b2e1e 1y ago
        Surely the academic process was different 100 years ago. In the biological sciences, an American phd today is likely to run 4-7 years. Advisor/lab/luck dependent.
        • deleted 1y ago
          [deleted]
        • supermatt 1y ago
          No idea about oppenheimers degree tbh, I just remembered it was 2 years from the movie lol. The American PhD program is pretty weird looking at it from a European perspective. Here you typically do your undergraduate degree, then a masters, then the PhD. In USA it seems it’s more common to combine the masters and PhD as a single course, resulting in the inflated duration. It’s totally possible to do a 2 year (or less) PhD in certain subjects, as you have already done the 2 years equivalent study (1 year in UK?) as part of your masters.
  • exasperaited 1y ago
    He was sentenced to four years; sounds like he served two of them and then would have been out on licence (perhaps a bit earlier because pandemic)
• evanjrowley 1y ago
  The following bit at the end of the article suggests it may have been 12 years. >One thing that is for sure is that Palombo won't have to pay the £750k bill he faced for the British government's legal expenses when he was convicted. He had no money, so they gave him 12 years to find it.
  • exasperaited 1y ago
    No, though that reads like journalistic humour, that would just be 12 years to pay the fine (since for the first four years he'd have been unable to work to pay it off).
• helsinkiandrew 1y ago
  Sentenced to 4 years, released on license after 2 https://ccrc.gov.uk/news/supreme-court-quashes-city-traders-fraud-convictions/ https://ccrc.gov.uk/news/supreme-court-quashes-city-traders-...
• exasperaited 1y ago
  He was jailed for four years in 2019 and seems to have spent two years in Wandsworth Prison, which is a category B prison. Since it'd be shocking if he didn't get out as early as sentencing allowed (which is two years and a bit basically) I guess he will perhaps have served some time in an open prison and then been released. But he may have gone straight to release due to the pandemic. These people were used as scapegoats for something maybe half the people on certain early morning trains into Cannon St every morning would have known was probably happening. One day just after Lehman collapsed I got chatting to a very stressed-looking guy on said train back from London, who was drinking wine from a small bottle, and he asked me if I was in finance, I said no. He said "well that's good, because if there's not enough support from the government, almost everyone on this train will lose their job." He then asked me if I knew what LIBOR was. I did, because I studied economics at school. I explained and he was impressed; he said that outside of London almost nobody had any idea. He said "watch out for it in the news". But I already knew what he meant because even at school it was obvious what the potential problem with LIBOR was in situations like this.