Blog on the Run: Reloaded

Tuesday, September 29, 2009 6:29 am

And speaking of BofA …


… televangelist Jim Bakker got 45 years in federal prison* for personally stealing $3.7 million, which is less than 1/1000th of what appears to have been stolen from investors in the BofA/Merrill buyout.

*The sentence later was reduced by a federal appeals court because the sentencing judge had the unmitigated gall to suggest that some real Christians might be upset at the notion of theft by a fake one. I’m sure there’s a basis in case law for a ruling like that, but if there is I ain’t ever come across it.

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