Mastro sentencing update

[calvindog]

Originally Posted by Peter_Spaeth

I believe in his sentencing memorandum Mastro represents that he will not return to the field. Could the judge hold him to it and make that a condition of his sentence? I know in the securities industry it's fairly common to bar convicted defendants from further participation.

From my post 16 above. "Bill voluntarily left the industry he
loved, and will never work in it again."

To compare the securities industry and its layers of governmental oversight to the sports auction industry is like comparing the gross national product of Micronesia to that of the United States.

Claiming that he has "voluntarily" left the industry has no legal import. It means nothing. Has he requested an order from the Court which will prevent him from re-entering the industry? Has he asked that it be a condition of his supervised release or probation? No and no.

[Peter_Spaeth]

Originally Posted by calvindog

To compare the securities industry and its layers of governmental oversight to the sports auction industry is like comparing the gross national product of Micronesia to that of the United States.

Claiming that he has "voluntarily" left the industry has no legal import. It means nothing. Has he requested an order from the Court which will prevent him from re-entering the industry? Has he asked that it be a condition of his supervised release or probation? No and no.

I was not making a comparison simply offering an example. I take it that a bar order is not likely to happen. So perhaps we will see him again down the road.

[Econteachert205]

I agree that a vigorous defense of even the most deplorable criminal is necessary to maintain the integrity of our system. I have been consistently amazed by the amount of lawyers on this board, both real and pretend!