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jerryking : sentencing   18

America’s racial divide widens under Obama’s watch - The Globe and Mail
The Globe and Mail
Published Thursday, May. 07 2015,

African-Americans are sliding down an economic ladder they had been gradually climbing. Millions of black people who moved north during the Great Migration of the mid-20th century found jobs in bustling factories. Millions more found public-sector jobs – as teachers, postal employees or city workers – as black people took over city governments and congressional seats in places such as Baltimore and Detroit. These workers formed the basis of a black middle class.

But the previous recession hit black people harder than any other group. Manufacturing was shedding jobs before the crash; governments and the post office followed suit when it hit. As Bard College professor Walter Russell Mead has noted, black people accounted for less than 12 per cent of the U.S. work force in 2011, but 21 per cent of postal employees and 20 per cent of all government workers. But with government and manufacturing in retreat, black people faced bleak job prospects.

The new economy is largely a black-free zone. A USA Today analysis last year found that African-Americans occupied only 2 per cent of the jobs at seven big Silicon Valley companies. That’s not hard to understand given the state of public schools in places such as Baltimore, Detroit and Washington, where political nepotism and unions have stood in the way of reform.

Meanwhile, systemic racism in the U.S. criminal justice system – black people are far more likely than white people to be sentenced to jail for minor drug violations, ending up with criminal records that make them virtually unemployable – is so deep as to cry out for a national inquiry.
racial_disparities  Silicon_Valley  Ted_Cruz  Konrad_Yakabuski  Campaign_2016  digital_economy  race_relations  Obama  downward_mobility  African-Americans  public_sector  middle_class  Walter_Russell_Mead  systemic_discrimination  criminal_justice_system  joblessness  public_schools  Great_Migration  sentencing  downward_spirals  institutional_path_dependency 
may 2015 by jerryking
Intentional Bias in North Carolina -
Published: December 25, 2012

the judge found “intentional” prosecutorial bias aimed at securing a death sentence for the defendants, bringing grave “harm to African-Americans and to the integrity of the justice system.”

The bias was manifested in the prosecutors’ use of peremptory strikes of prospective jurors during the jury selection process. In one case, the prosecutor struck prospective blacks at two times the rate for whites. In each of the other two cases, the rate was almost four times greater. Even when adjustments were made for other factors, like the criminal record of a prospective juror, race was “a significant factor” in the rigorous ways that the North Carolina statute required the defendants to prove.

The judge found that words and deed of the prosecutors themselves confirmed his conclusions about racial influence in the jury selection process.
juries  African-Americans  racial_discrimination  jury_selection  prosecutorial_bias  North_Carolina  race  justice_system  sentencing  prosecutors  selection_processes 
december 2012 by jerryking
Rajat Gupta, Ex-Goldman Director, to Serve 2 Years in Trading Case -
October 24, 2012, 4:17 pm96 Comments
Ex-Goldman Director to Serve 2 Years in Prison on Insider Trading Case
Rajat_Gupta  McKinsey  incarceration  sentencing  sentencing_guidelines  insider_trading 
october 2012 by jerryking
Rajaratnam Faces Longest-Ever Insider Prison Term -
OCTOBER 13, 2011 | WSJ | By CHAD BRAY.

Raj Rajaratnam, the face of the biggest trading scandal in a generation, is expected later this morning to be sentenced to a prison term that could be one of the longest-ever handed down for an insider case.

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Associated Press

Raj Rajaratnam

Prosecutors are seeking a sentence of 19 years and seven months to 24 years and five months behind bars during a hearing that is due to begin at 10:30 a.m. Eastern time today. Mr. Rajaratnam's lawyers—citing health problems, among other factors—have been urging the judge to consider a much more lenient sentencing range of 6½ years to 8 years and 1 month.

The one-time hedge-fund titan's prison term could very well exceed 10 years, legal experts said, which was the longest sentence imposed for insider trading in New York in the past two decades.
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See some recent and infamous cases involving insider trading.

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Associated Press

Michael Milken arrived at New York State Supreme Court in Manhattan for his arraignment on April 7, 1989.

The 54-year-old co-founder of Galleon Group, who was convicted of five counts of conspiracy and nine counts of insider trading in May, was accused by prosecutors of being at the center of the one of the biggest insider-trading schemes ever unearthed. Mr. Rajaratnam is the highest-profile person to be prosecuted, so far, as part of a broad U.S. government crackdown.
insider_trading  Raj_Rajaratnam  sentencing  incarceration 
october 2011 by jerryking

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