Tuesday, December 08, 2009

Crime & Punishment . . . a tale of two cultures

Tue Dec 8, 6:29 am ET

BEIJING (Reuters) – China on Tuesday executed a former securities trader for embezzlement, the first person in the industry to be put to death, but millions of yuan are still missing, a state newspaper said.

Harsh? Yes. Unnecessary? I'm not so sure. After seeing how the greedy and corrupt money-changers of this country destroyed an economy and the lives of so many it's difficult for me to think that perhaps if a few of these American Bank and financial institution CEO's could be seen hanging by their necks from a public gallows, maybe, just maybe, a message of unambiguous nature would be conveyed to those who aspire to commit the same crimes at some future date.

Just saying . . .


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