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November 7, 2008

The NatWest Three are finally going home

natwest three 110608The NatWest Three -- the three U.K. bankers who were dragged through the Enron mud for the past five years -- are finally going home after serving about six months of their sentences in U.S. prisons.

After a hearing in New York yesterday, the three men have completed the prolonged transfer process from the U.S. prison system to the U.K. system. Accordingly, they will fly to England next week to serve the remainder of their three-year sentences there. Hopefully, they will be paroled in short order under the U.K.'s more humane sentencing laws pertaining to white-collar crimes.

Although the treatment of these men by U.S. criminal justice authorities has been mostly scandalous, the mainstream media continues to misrepresent their story (see this earlier example). More recently, see this London Telegraph article that gets just about everything wrong about the case and the plea bargain that the three men struck.

Read this if you want to know what really happened with regard to the NatWest Three. It's a nuanced and far more interesting story than the mainstream media's morality play.

Posted by Tom at November 7, 2008 12:01 AM |


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