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Re: randychub post# 12645

Tuesday, 06/28/2005 5:14:46 PM

Tuesday, June 28, 2005 5:14:46 PM

Post# of 252186
Randy,

Do you mean how Schrushy got away with the fraud? or how he became a free man today?

Although an arrogant bastard, Schrushy is a highly intelligent man who knew that he could increase his chances of acquittal by getting involved in the black churches. So, he became an ordained minister and preached in black churches as well as on his own TV show. His attorney in the closing agruments made remarks that bordered on disgusting as he tried to appeal to the black jurors by making civil rights arguments that freeing Schrushy would allow them to provide the same justice that was provided to them. In the end, having the trial in Birmingham worked perfectly for Schrushy as the jury was half black and the intelligence level of the jury was poor at best. Had they tried him in DC, I think he would be facing a similar fate as Bernie Ebbers.

With respect to the fraud... It was everywhere and done in every way possible. Acquisition shenanigans, capitalizing expenses, booking fake revenue, etc.

Does that answer your question?

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