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August 15, 2007 / Toby Dayton

Some Pictures To Put A Smile On Your Face

butner.jpg

john-rigas.jpg

The new home for John and Timothy Rigas is the Butner Federal Correctional Complex in North Carolina. The father & son duo were sentenced to 15 and 20 years in prison, respectively, for using Adelphia as their personal bank account and robbing shareholders of hundreds of millions of dollars. They reported to prison on Sunday.

Nothing has been more destructive to corporate America than the wave of corruption, fraud, greed, and theft that has swept across the pages of the Wall Street Journal over the past decade or so and it’s extremely gratifying to read about the felons finally reporting to prison.

[tags]John Rigas, Timothy Rigas, Adelphia, Butner Federal Correctional Complex, Sweet Justice, Corporate Greed, Rotting In Prison[/tags]

One Comment

  1. Scott Jagodzinski / Aug 15 2007 11:42 am

    Knowing your unbiased perspective as an objective blogger, I thought you might like to add this link and comment on the underlying story as another perspective on the Adelphia scandal: http://www.usatoday.com/money/companies/management/2007-08-05-Rigas_N.htm?csp=34#uslPageReturn

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