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China executes bank staff for fraud
CNN Money ^
| Reuters
Posted on 09/14/2004 12:32:14 PM PDT by Mr. K
BEIJING (Reuters) - China executed four people, including employees of two of its Big Four state-owned banks, for fraud totaling $15 million, the state Xinhua news agency said Tuesday.
The executions occurred in the midst a high-profile government campaign against financial crime. They followed a string of arrests in white-collar crime as China prepares to sell shares publicly in its big banks.
(Excerpt) Read more at money.cnn.com ...
TOPICS: Crime/Corruption; Foreign Affairs; Government
KEYWORDS: dan; execute; fraud; rather
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Now theres a policy I can live with
1
posted on
09/14/2004 12:32:17 PM PDT
by
Mr. K
To: Mr. K
2
posted on
09/14/2004 12:32:56 PM PDT
by
Frank_Discussion
(May the wings of Liberty never lose a feather!)
To: Mr. K
Yeah, I bet they don't do that again!
3
posted on
09/14/2004 12:33:08 PM PDT
by
steveo
(Member: Fathers Against Rude Television)
To: Mr. K
Wallstreet, Are you listening?
4
posted on
09/14/2004 12:33:39 PM PDT
by
mmyers
To: Mr. K
5
posted on
09/14/2004 12:34:26 PM PDT
by
martin_fierro
(Too genteel for my own damn good.)
To: martin_fierro
Liquidated assets......
Best comment. LOL!
6
posted on
09/14/2004 12:36:06 PM PDT
by
dennisw
(Allah FUBAR!)
To: Mr. K
they make middle eastern countries look like pansies because they only saw off your hands for such offenses
7
posted on
09/14/2004 12:36:06 PM PDT
by
InvisibleChurch
(I actually did vote for the $87 billion before I voted against it)
To: Mr. K
8
posted on
09/14/2004 12:36:25 PM PDT
by
finnman69
(cum puella incedit minore medio corpore sub quo manifestus globus, inflammare animos)
To: Mr. K
I hate admitting when China is right and the USA is wrong ..... but this time ... they got us cold.
9
posted on
09/14/2004 12:37:29 PM PDT
by
Centurion2000
(Truth, Justice and the Texan Way)
To: Mr. K
I wonder how they would have handled the Enron scandal?
To: Mr. K
11
posted on
09/14/2004 12:38:33 PM PDT
by
fuzzy122
(GBGB [God Bless George Bush] and the Armed Forces ... Arnold and Zell too!)
To: Mr. K
"significant penalty for early withdrawal".
12
posted on
09/14/2004 12:38:37 PM PDT
by
smonk
To: mmyers
(sound of cell door clanking open)
Warden: Mr. Lay, it's time.
13
posted on
09/14/2004 12:40:00 PM PDT
by
beelzepug
(becoming a hermit is sounding better all the time)
To: Mr. K
Too bad the US can't broaded it's crimes punishable by death!
14
posted on
09/14/2004 12:40:01 PM PDT
by
JesseHousman
(Execute Mumia Abu-Jamal)
To: Mr. K
Rather and his Marxist buddies in the media better hope they never succeed in their goals of bringing communism to America. They'd be among the first to be termi... ah, er, retired.
To: steveo
Gee, and we just slapped the Enron guys around a little bit and let MS go scot free.
16
posted on
09/14/2004 12:42:17 PM PDT
by
Havoc
(.)
To: Centurion2000
So how much is a man's life worth then?
17
posted on
09/14/2004 12:44:40 PM PDT
by
AppyPappy
(If You're Not A Part Of The Solution, There's Good Money To Be Made In Prolonging The Problem.)
To: Jim Robinson
Rather and his Marxist buddies in the media better hope they never succeed in their goals of bringing communism to America. They'd be among the first to be termi... ah, er, retired. Traitors always see themselves as heroes and never foresee ignoble ends for themselves.
18
posted on
09/14/2004 12:45:21 PM PDT
by
Centurion2000
(Truth, Justice and the Texan Way)
To: Mr. K
I wonder if this applies to forgeries as well?
19
posted on
09/14/2004 12:46:43 PM PDT
by
Mr. K
To: Mr. K
The Frankel Debacle and Mississippi's Bank of Faulkner would have resulted in mass executions if they had been in China. Like others in previous posts, I cannot fault China for taking drastic measures with the dishonest bankers. If the US would do the same, there would be a lot less bank fraud and we would not have to spend so much money keeping the white collar criminals happy at country club prisons. These white collar criminals robbed significantly more money and financially crippled more folks than did the James, Youngers, and Hole in the Wall Gangs.
20
posted on
09/14/2004 12:49:42 PM PDT
by
vetvetdoug
(In memory of T/Sgt. Secundino "Dean" Baldonado, Jarales, NM-KIA Bien Hoa AFB, RVN 1965)
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