White-collar crooks deserve tough treatment. But 24 years for Dynegy's Jamie Olis? Politics has turned financial fraud into a worse crime than running drugs or killing someone. Former Tyco chief executive Dennis Kozlowski is a lucky guy. Not because a stubborn juror landed him a mistrial. He's lucky because even if New York prosecutors retry him, as they've vowed to do, the flamboyant former exec is looking at 15 to 30 years, no more. Were Kozlowski in federal court instead, he could easily be facing what amounts to a life sentence--with no chance of parole--under rigid new sentencing guidelines. While...