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a wonderful difference

Message mike buchan

I copied this as just part of an article and thought it could be of value in American justice.


Here's the difference. In China, "Too Big to Fail" means go to prison or execution

Yang Yanming - the first person executed for corruption in China's securities industry

Yang Yanming

Yang Yanming, a former general manager of a Galaxy Securities branch in Beijing, was executed on Dec 8, 2009, for embezzling almost 70 million yuan ($10.25 million) and misappropriating another 25 million yuan, making him the first person to be executed for corruption in China's securities industry.

Yang declined to give the whereabouts of more than 65 million yuan, claiming that the money he misappropriated had been used to pay bribes to public officials.

Yang was arrested in 2004. He was first sentenced to death in 2005, and that judgment was upheld after his appeals.

Wu Ying -- nabobess sentenced to death for defrauding

Wu Ying [Xinhua]

Wu Ying, 28, former owner of the Zhejiang-based Bense Holding Group, was sentenced to death in Zhejiang province on Dec 18 for defrauding investors of 384 million yuan.

Wu amassed the funds by promising high returns to investors between May 2005 and February 2007, according to the Intermediate People's Court of Jinhua city.

The money was used for Wu's personal consumption and to pay back loans and operation costs of her company, said the court.

Wu was arrested in February 2007 and indicted in September 2008. She retracted her confession in April.

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I am an American and I have lived in Russia since 2000.
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