A lot of people seem to be saying that "he broke the law" and "he was a part of the scheme" , so he deserves a prison term.
But this is ridiculous.
Think about it: all of his activities are a subset of the activities that UBS is accused of. He is being accused of helping 1 person hide his assets; but UBS helped 19000! So how can he be sent to prison, but no one from UBS? Shouldn't there be other UBS executives being charged?
Some countries have adopted exceptionally sane methods for fighting antitrusts where the first company that comes forward with proof that law was broken will be pardoned from the law. Although the company itself was in the ring of bad guys and broke law, it still will not be facing any penalties.
I can not really see why this practice couldn't be applied to elsewhere.
But this is ridiculous.
Think about it: all of his activities are a subset of the activities that UBS is accused of. He is being accused of helping 1 person hide his assets; but UBS helped 19000! So how can he be sent to prison, but no one from UBS? Shouldn't there be other UBS executives being charged?