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06/16/2007 01:32 PM ID: 63072 Permalink   

Robin Hood Banker Sentenced


A German banker, who stole from the rich and gave to the poor, has been sentenced to 2 years and 10 months in jail for diverting 2.1 million euros from wealthy clients to those he felt needed the money.

"The accused undertook these actions to grant liquidity to clients who, in his view, were short of money and who no longer got loans under the usual money market conditions," a statement issued by the court in Mosbach said.

He did not enrich himself. He was arrested shortly after confessing, willingly, to police in 2006.

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I mean, on the one hand, it looks like he meant well, but it is completely unethical. Well, whatever, I guess if the poor people get to keep the money and he goes to jail, everyone wins. Course, the police will do their darndest to get the money back anyway.
  by: seniorgato     06/16/2007 04:00 PM     
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