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Article: Bouncing Back from a Felony Conviction: Permanently barred' doesn't necessarily mean it.
- Article from:
- Investment Dealers' Digest
- Article date:
- October 29, 2007
CopyrightCOPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Last March, when I. Lewis "Scooter" Libby was convicted of felony charges related to his false grand jury testimony, he faced not only the prospect of years in prison, but also something with even longer-lasting consequences. With a felony conviction, Libby, a lawyer, faced disbarment from his profession, and a prohibition from the very work he had hoped to return to after leaving government.
In this regard, Libby was just like thousands of other so-called "white collar" defendants caught up in the criminal justice system each year. Most, in fact, plead guilty rather than go to trial, and face little prison time - the median sentence for typical federal "white ...