Ex Congressman William Jefferson gets 13 Years!

Discussion in 'Free Speech Alley' started by Sourdoughman, Nov 13, 2009.

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  1. red55

    red55 curmudgeon Staff Member

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    You know, I ain't sure. The bribe money didn't come from his pension fund, so he didn't defraud his pension plan. But he did violate the ethics set by his employers. It may depend on the fine print and I'm sure some lawyer will make the connection if there is one.
     
    red55, Nov 16, 2009
    #11
  2. mctiger

    mctiger RIP, and thanks for the music Staff Member

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    Wasn't there a court-ordered seizure of his assets after the conviction? It could be that pension is considered an asset as well.
     
    mctiger, Nov 16, 2009
    #12
  3. PURPLE TIGER

    PURPLE TIGER HOPE is not a strategy!

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    Sad...but true. That's why some groups have been and will remain uneducated and living in poverty. Nothing will change their voting habits and the party who has them in their back pocket knows it!
     
    PURPLE TIGER, Nov 16, 2009
    #13
  4. Sourdoughman

    Sourdoughman TigerFan of LSU and the Tigerman

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    Can a felon actually be elected to office?:huh:
     
    Sourdoughman, Nov 16, 2009
    #14
  5. red55

    red55 curmudgeon Staff Member

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    It gets complicated. His wife is entitled to half of his pension benefits. Some of it may be considered her assets.
     
    red55, Nov 16, 2009
    #15
  6. RickydSr

    RickydSr Founding Member

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    Pensions are usually payments from an annuity which are classified a Life Insurance Product which the proceeds are free from creditors.
     
    RickydSr, Nov 17, 2009
    #16
  7. PURPLE TIGER

    PURPLE TIGER HOPE is not a strategy!

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    PURPLE TIGER, Nov 17, 2009
    #17
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