Really a slap on the wrist -- he has to give the $4 million that he earned in shady IPO deals to charity. No jail (of course), no probation, no exclusions from any future financial dealings. http://www.kansascity.com/mld/kansascity/business/5851657.htm So let's get the facts down straight... -- You break into a bank in the middle of the night and steal $4 million from the bank -- that's probably at least 5 years in prison. -- You cut a deal with investment bankers to steal $4 million from other investors -- in that case, you have to give the money back.
What's up with all these telecom companies practicing shady business. First worldcom now qwest. Wrong phil yalpstel