Wednesday, January 17, 2007

Finally

After three trials Walter Forbes, chairman of Cendant, a '90s accounting scandal, was sentenced. He'll receive 12+ years in prison and have to pay $3.275 billion in restitution. Of course, he's out on bail - a paltry $1,200,000 - while he appeals. If his appeal fails, he'll spend his time at a minimum security prison.

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