Showing posts with label Rod Blagojevich. Show all posts
Showing posts with label Rod Blagojevich. Show all posts

Thursday, December 8, 2011

Blagojevich Gets 14 Years, Raj Rajatnaram only 11, Who is Really Worse in the Eyes of the Law?

So the gavel of justice came banging down hard on the former Governor yesterday . Despite open remorse and acceptance of full responsibility by "Blags", the Presiding Federal Court Judge handed down a stern sentence of 14 years. As reported, he will have to do probably close to 12 years. Not going to be easy for a 55 year old former politician.
So reading about his sentence in the Times this morning got me thinking . Raj R , the former hedge fund manager a short while back received a sentence of 11 years . Raj allegedly earned $60 million in illegal profits arising from the illegal inside information he received and traded on .
So after looking at the totality of circumstances , which convicted individual warranted a stiffer sentence? Both were crimes of greed, ego and power. Both involved powerful, influential men . You could argue both were victimless crimes. Although Blags' crime involved the breach of public trust of a high ranking elected official and Raj's crime involved his utilizing illegal information which compromised the very fabric of the financial markets .
At the end of the day, in my opinion, Raj's crime was pure greed . But Blags' was more than that. If all evidence was to be believed he actually was trying to auction a United States Senate seat. Doesn't happen very often , and a message was sent out during sentencing that it should never ,ever happen again ! Sentence actually could have been worse.
After closely following these two cases, I have to continue to ask myself , what were you two guys thinking ? Hey, maybe they'll wind up as roommates.
This has been political analyst Steve Goldman reporting.

Tuesday, June 28, 2011

Rod Blagojevich, After 10 Days of Deliberations He's Fourth ILLinois Governor to be Convicted of Corruption in Recent Times!

I totally had lost track of these proceedings . "Blag " was doing reality shows after walking free following the first trial in which he did not testify. No national leadup to the "re-trial", no hype, nada. Then bang today! Front page of the New York Times , "Ex-Governor Found Gulty of Corruption ".....Wow, out of nowhere.
The jury handed down multiple convictions in the re-trial in which "Blag " testified for 7 days...Yikes, can you imagine his attorneys and family having to watch that debacle for seven freakin days....two words for you...."Oy vey"! Anyway, apparently the Government pruned down it's case and a righteous jury was selected resulting in a multiple count conviction.
Post-trial motions and appeals will play out, but ultimately(and sadly for his two little girls) he will serve 7-10 years and will miss his daughters growing up . He is a strong person , will do his time and will attempt a comeback of some kind in ten or so years...Don't say impossible!
Did anyone say book rights?
At the end of the day the beat goes on in Chicago, now with almost as many Governors convicted as Jordan-Pippen championships. Must be a job requirement!