Hacker News new | past | comments | ask | show | jobs | submit login

Are you implying that being bankrupted is worse than going to prison?



I'd bet that many rich people would rather spend 4 years in prison than lose all of their assets, especially if the prison is one of those minimum-security summer camps the white collar criminals normally end up in.


>>Are you implying that being bankrupted is worse than going to prison?

He's getting both. And he's losing everything: money, status, possibly family, ability to get another decent job... So he might rather do 10 years in jail but return to what it had before.


If that's the rubric, poor people should never be incarcerated.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: