I was reading about this in the Wall Street Journal....the lead crook saying he still didnt do anything wrong, but it was cheaper to settle than fight the charges.
Just like my alma mater UW getting caught overbilling the federal government in their medical center. They never admitted built....what kind of sign does that send your students?
"the lead crook saying he still didnt do anything wrong, but it was cheaper to settle than fight the charges."
I have seen this quite a lot.
I have actually known a few people who've taken this tack--I'm innocent, but let me pay you a huge settlement, because it's easier and cheaper. Of course, they are guilty as hell (it's always white-collar crime).
And I always think, if I were accused of something I DID NOT DO, there would be no way I'd buy my way away from it. My name is worth more than that to me.
Many an attorney will advise you to "just pay and make it go away." But attorneys are people, to invoke Oscar Wilde, who know the price of everything and the value of nothing.
If just settling for that amount is no problem. Then there obviously is a problem. What a shame.