Off Topic — HabitableZone

Off Topic » in reply to Insider Trading Cards . . .

One thing that surprises me about the charges to date...

is that the IRS hasn't gone after some of these guys for tax evasion. To me, if someone takes out a "loan" that is subsequently "forgiven", that is no longer a loan but income or at least a gift. Some of these corporate officers for different companies took out huge loans that were then forgiven. The IRS should go after them. I think it'd be a lot easier to get a conviction for tax evasion than for some of these other charges like looting the company. That may be the quickest way to put the fear of God (or at least the law) into these crooks. After all, when all else failed, it was the IRS that managed to put Al Capone in jail.

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