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A magistrate who ordered a 79-year-old pensioner to forfeit a portion of the bail he took for his nephew in 2012 made a serious error when she did so, the Court of Appeal has ruled. ....
The title of this post is the title of this Slate commentary by Harlan Protass, who uses all the ugly Wall Street news to spotlight the the over-emphasis of loss in how the federal sentencing guidelines deal with white-collar fraud. Here are lengthy excerpts from an effective piece: [W]hen it comes to large-scale frauds involving public companies and their millions of shares, the guidelines grounding in mathematics sometimes results in sentences that are, quite literally, off the chart. They fall within the realm of prison terms usually reserved for mafia bosses, major international drug lords, cop killers, child molesters, and terrorists. ....