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  #1  
Old 11-24-2007, 06:43 PM
XXXNoahXXX XXXNoahXXX is offline
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Location: Boston
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Default Re: Ask me about financial success to spending 2 years state prison

OP,

when you went to the parole board, how confident were you about your chances and how did it go down?

did people visit you a lot?

what are you up to now, how big of a hinderance was your time in jail?
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  #2  
Old 11-24-2007, 07:42 PM
xx44 xx44 is offline
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Default Re: Ask me about financial success to spending 2 years state prison

[ QUOTE ]
OP,

when you went to the parole board, how confident were you about your chances and how did it go down?

did people visit you a lot?

what are you up to now, how big of a hinderance was your time in jail?

[/ QUOTE ]


Parole was what stressed me the most. Though everybody was like I will make merit parole at 20 months, if not then my first board at 24 months, however I still had to get approved.

This was during all the white collar cases, Martha, enron etc,, and didn't know what they felt about white collar, mayb they wanted to set an example. The interview was conducted by 3 people last 5 min and asked like5 questions.Still very stressful.

Visits were the best part. They could come sat and sun 9-2. In a room the size of a basketball court with tables and chairs spaced throughout. Vending machines and microwaves. Most of the co's were call down there and let you get away with a lot of hugging and kissing. I was visited I think every weekend by either famil or friends. My last year my gf came both days every weekend. My only ticket was for having my hand on the inside of my gf thigh given to me by a total prick co.

Jail time itself was not too bad. It could have been 20 months in a foreign country. Now it is just blur.

The thing that sux is the felony. It prohibits me from getting involved in finance and other industries. I am trading my own account making a small living. I am currently involved in a solar power copany but it is in its infancy.
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  #3  
Old 11-24-2007, 07:52 PM
KneeCo KneeCo is offline
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Location: Kingston, missing Montreal
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Default Re: Ask me about financial success to spending 2 years state prison

David,

Different kind of debt, different rule. I'm operating on limited knowledge here, so whoever knows better pls step in, but I think it's fair based on what I know to say the legal system ranks admitting you're wrong/taking responsibility high on the reform/debt paying checklist.

OP,

When you had your parole hearing did they ask you about your supposed crimes? Did they ask you if you acknowledge/regret/... them? If they didn't ask, hypothetically what would you have done if they did?

Do you keep in touch with any of your pen pals?
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  #4  
Old 11-24-2007, 08:00 PM
xx44 xx44 is offline
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Join Date: Jul 2006
Posts: 668
Default Re: Ask me about financial success to spending 2 years state prison

[ QUOTE ]
David,

Different kind of debt, different rule. I'm operating on limited knowledge here, so whoever knows better pls step in, but I think it's fair based on what I know to say the legal system ranks admitting you're wrong/taking responsibility high on the reform/debt paying checklist.

OP,

When you had your parole hearing did they ask you about your supposed crimes? Did they ask you if you acknowledge/regret/... them? If they didn't ask, hypothetically what would you have done if they did?

Do you keep in touch with any of your pen pals?

[/ QUOTE ]

Before my parole hearing I read my plea to see exactly what I said so I could reiterate it if need be. They asked me about the crime but do not rember specifically what was asked. I did act remorseful and contrite.

I keep in touch with one guy who was in for manslaughter.My "boy" in there. His name is Alaska (because he lived there). He was paroled 3 years ago and lives in Va., his wife wirks for the DoD and was there every weekend and became friendly with my gf.
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  #5  
Old 11-24-2007, 08:50 PM
heater heater is offline
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Join Date: Feb 2006
Location: Behind enemy lines
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Default Re: Ask me about financial success to spending 2 years state prison

OP,

This was a pretty interesting thread until a bunch of douchebags decided they'd rather argue than ask you questions.

All,

Quit [censored] arguing and ask the OP more questions. K thx.
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  #6  
Old 11-24-2007, 09:04 PM
schundler schundler is offline
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Default Re: Ask me about financial success to spending 2 years state prison

What were the charges specifically? Securities fraud?

I think those of you arguing the likelihood of his guilt are also missing the legal fuzziness of a lot of white collar crime, as a lot of it originates from some scheme that is borderline legal and borderline ethical to begin with or operates on some kind of loophole.
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  #7  
Old 11-24-2007, 10:55 PM
React1oN React1oN is offline
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Default Re: Ask me about financial success to spending 2 years state prison

Very interesting thread, thanks.
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  #8  
Old 11-25-2007, 08:04 AM
five4suited five4suited is offline
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Default Re: Ask me about financial success to spending 2 years state prison

[ QUOTE ]
What were the charges specifically? Securities fraud?

I think those of you arguing the likelihood of his guilt are also missing the legal fuzziness of a lot of white collar crime, as a lot of it originates from some scheme that is borderline legal and borderline ethical to begin with or operates on some kind of loophole.

[/ QUOTE ]

The OP said he wasn't "lily-white," he was aggressive. As for the notion that "white-collar crime" isn't as bad as other crimes, feel free to believe it. I'll feel free to think you're an idiot. Legality and ethics are almost mutually exclusive, especially in this day and age and in this country.

Do you all cheat at the poker table? Do you believe that if you aren't pushing the boundaries wrt cheating, you're not doing it right? I doubt it. I have no idea what aggressive really means, whether that's profiting from inside information (i.e., a hookup based on your upbringing/socioeconomic status/insider-ness, or that of your co-workers) or just taking risks wrt gray areas in the law. However, I'm pretty [censored] sure that an aspect of the risk you're taking is what happened to the OP.

Do I think he deserved it? I don't know enough about high finance to say, but it sounds like he got screwed at least a little. Have others gotten away with a lot worse in this arena? Undoubtedly. Is "everybody does it" a defense? Hell no. I'm astonished by the fact that an argument that never worked on anyone's parents when they were children is the rationalization for all sorts of behavior as adults. People do what they feel they have to do to survive/thrive, and I don't (necessarily) blame them for that. But to believe, as many seem to, that there shouldn't be/aren't consequences for those choices? I thought the average 2p2er was smarter than that. Unless, of course, the "trust-fund" comment posted earlier is closer to the truth than I realize. Or perhaps what I've often wondered about the "cheat-code"/"god-mode" generation is true -- that you can rationalize anything. You know, like chicks do.

I'm glad OP made it through safely, I really am. As for the rest of you trollers who oppose us "anti-" trollers, I humbly submit that this is probably not the only area of the law in which the legal system and the prison system are all [censored] up, and in fact one might be able to find much more egregious examples, with much further-reaching consequences. And that's our point. If you're basing your argument on your personal narrow perspective (omg that's so terrible, it could happen to one of my friends/daddy/me?!?), at least admit it.

Also, much respect to OP for not feeling sorry for himself in his statements.
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  #9  
Old 11-25-2007, 11:57 AM
xx44 xx44 is offline
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Posts: 668
Default Re: Ask me about financial success to spending 2 years state prison

[ QUOTE ]
What were the charges specifically? Securities fraud?

I think those of you arguing the likelihood of his guilt are also missing the legal fuzziness of a lot of white collar crime, as a lot of it originates from some scheme that is borderline legal and borderline ethical to begin with or operates on some kind of loophole.

[/ QUOTE ]

The charges were a securities fraud. The DA charged us under laws that were made to prosecute totally different illegal activity. Therefore I would prefer not give the specific charges as it was a rarity for a security crime to be prosecuted under these laws (would like to stay anonymous).

Yes unethical at the worst should have been NASD violations but it was all about headlines, and once the DA relented on the promoting part, he was'nt letting go.
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