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Nortel Executives Found Not Guilty On Fraud Charges

Posted by Unknown on from the on-to-the-next-job dept.

Following up on the earlier story about Nortel execs waiting for a ruling in their corporate fraud case, new submitter Unknown1337 writes "Something doesn't add up when a multi-billion dollar corporation loses it's value so quickly, but the courts have decided it wasn't intentional fraud by the executives that caused it."

3 of 151 comments (clear)

  1. Malice by RenHoek · · Score: 5, Interesting

    "Do not attribute to malice, what can be adequately explained by stupidity."

    Still, this does not pass the smell test..

  2. Two Tier Justice system by FriendlyLurker · · Score: 5, Insightful
    Just another example of the two tiered justice system we now enjoy around the world.

    two-tiered justice system — the way in which political and financial elites now enjoy virtually full-scale legal immunity for even the most egregious lawbreaking, while ordinary Americans, especially the poor and racial and ethnic minorities, are subjected to exactly the opposite treatment: the world’s largest prison state and most merciless justice system.

  3. Re:In Financial Crisis, No Prosecutions of Top Fig by daem0n1x · · Score: 5, Insightful

    And yet,

    so many people who were 'against' the occupy movement and everyone still believes in trickle down economics. Really if you think about it. Trickle up makes a lot more sense.

    If you succeed in destroying someone's deeply entrenched beliefs using facts and logic, that person won't change his mind but will hate your guts forever.