When did it become proper or correct to reward people who break the law?
I read in today's Tennessean that Wal-Mart is going to pay $6.75 million to a former vice chairman who once admitted to stealing money from the company. Originally the company was going to award him a $17 million retirement package. Then they asked the court to cancel that. In February of this year the individual was sentenced to "27 months home detention after pleading guilty to five counts of wire fraud and one count of failing to report income from the fraud on his 2000 tax return." He had paid $411,218 in restitution and a $50,000 fine. Oh, yes, this individual is Thomas M. Coughlin, who was a friend of Wal-Mart founder Sam Walton.
Mr. Coughlin defrauded the federal government, but he probably had no problem with the payment and fine. Should I read into this that it is perfectly OK to steal from your employer? What sort of example does this set for our younger generations?
I suppose the lesson here is he is getting $10.25 million less because of his actions.