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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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To: Mr. K
All right -- wasn't John Glenn part of that massive U.S. Bank fraud? The Keatting Five (or something like that?)
Maybe we can send him, along with all the others involved over to china, and then tell the chinese that it was actually THEIR money that was stolen - not the American citizens' hard earned money.
Yes, I know there were "republicans" involved - but a criminal is still a criminal.
21
posted on
09/14/2004 12:49:52 PM PDT
by
steplock
To: Mr. K
You mean Johnnie Cochran never had a chance?
22
posted on
09/14/2004 12:50:30 PM PDT
by
mc5cents
("We will have to take things away from you on behalf of the common good." Hillary Clinton)
To: Havoc
Our mess runs too deep to get this type of justice.
It just keeps happening over and over. The stock fraud, corporate fraud, bank fraud, tax fraud, medicare fraud, social security fraud, computer fraud, etc., etc. just seem keep our legislators busy, accomplishing nada.
23
posted on
09/14/2004 12:54:36 PM PDT
by
wizr
(Without the War on Terror, you only have the Terror. Ask a Russian.)
To: wizr
Forgot outsourcing fraud. LOL. We execute traitors during wartime.. somehow certain ones get a pass..
24
posted on
09/14/2004 12:56:41 PM PDT
by
Havoc
(.)
To: Mr. K
Never try to cheat the Mafia
To: wizr
The stock fraud, corporate fraud, bank fraud, tax fraud, medicare fraud, social security fraud, computer fraud, etc., etc. just seem keep our legislators busy, accomplishing nada.You missed one: www.lasikfraud.com
26
posted on
09/14/2004 1:00:39 PM PDT
by
Mini-14
To: Mr. K
Xinhua did not say how the four were killed. China, which executes more criminals than the rest of the world combined, usually puts inmates to death with a gunshot to the back of the head but has recently experimented with lethal injections. With capitalism running rampant over there, they need to look at the unit costs of bullets and the "injectables."
The precise number of people executed for all crimes in China is a state secret. Reports range from 5,000 to 10,000 a year, many for murder, but they have also been killed for corruption and crimes as minor as bottom-pinching.
Whoa!
27
posted on
09/14/2004 1:02:34 PM PDT
by
boknows
To: mmyers
Rather, are you listening?
28
posted on
09/14/2004 1:03:39 PM PDT
by
It's me
To: Mr. K
Hey, Ken Lay!!!! Sit up -n- TAKE NOTICE!!!!!
29
posted on
09/14/2004 1:04:04 PM PDT
by
nfldgirl
("It was on a Monday, somebody touched me! ... must have been the hand of the Lord!")
To: Mr. K
Can we send Ken Lay to China?
30
posted on
09/14/2004 1:04:18 PM PDT
by
dfwgator
(It's sad that the news media treats Michael Jackson better than our military.)
To: Mr. K
And they charged their families for the price of the bullets, now that's cold.
31
posted on
09/14/2004 1:04:56 PM PDT
by
dfwgator
(It's sad that the news media treats Michael Jackson better than our military.)
To: Mr. K
WOW.... now THERE'S a country with some serious guts. This would SIGNIFICANTLY reduce white collar crime.
32
posted on
09/14/2004 1:05:33 PM PDT
by
Hi Heels
To: Mr. K
To all you people cheering, I'm sure the fraud committed by these people doesn't even come close to the fraud in the Chicom government, nor the fraud in the US government.
To: Hi Heels
There ARE some things, the communists get right...
Semper Fi
34
posted on
09/14/2004 1:07:24 PM PDT
by
river rat
(You may turn the other cheek...But I prefer to look into my enemy's vacant dead eyes.)
To: Hi Heels
The Chicom government has probably encouraged fraud in its banking industry for as long as it's existed. They probably chose the four people who were the least politically desirable and executed them as an example. Of course, this brings out the usual torch and pitchfork crowd on FR to cheer their approval.
To: Mr. K
I'm waiting for the anti-death penalty low-lifes to hold a big protest over this... heh, heh, heh.
Not holding my breath!
36
posted on
09/14/2004 1:12:42 PM PDT
by
DoughtyOne
(US socialist liberalism would be dead without the help of politicians who claim to be conservatives)
To: Moonman62
Good point about the Chicom government. The corruption is rife. It may have even been someone not only politically undesirable, or someone they needed to get rid of.... for whatever reason.
37
posted on
09/14/2004 1:14:58 PM PDT
by
Hi Heels
To: steplock
Yes, I know there were "republicans" involved - but a criminal is still a criminal.No there weren't, it was John McCain.
Nick Leeson, call your office.
39
posted on
09/14/2004 1:20:58 PM PDT
by
vollmond
(DS2 CV-66 83-87)
To: Mr. K
Now that'll reduce white collar crime!
40
posted on
09/14/2004 1:23:08 PM PDT
by
Reagan is King
(The modern definition of 'racist' is someone who is winning an argument with a liberal.)
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