John Rigas and his son Tim got banged yesterday for using Adelphia communications as their own private piggy bank. Aging John got 15 years, his son, 20.
Now White collar crime begs some very complicated questions. Indeed, Andy Serwer at fortune laments:
"Founder John got 15, but he's 80 and in poor health. His son Timothy got 20. Forgive me, but I cannot see giving life sentences for non-capital crimes." I hope he takes the time to make that point in his Fortune column the next time an aging drug defendant gets a functional life sentence. We'll see.