The former head of bond giant Pimco was branded a “common thief” by a federal judge and sentenced Friday to nine months in prison for his role in the sweeping, who had earlier admitted paying $850,000 in bribes to get four of his seven kids admitted to elite colleges, also had his request to serve out part of his sentence at home turned down by the judge.
“I have in my heart the deepest remorse for my actions,” a teary-eyed Hodge told Judge Nathaniel Groton in Boston. “I do not believe that ego or desire for high social standing drove my decision-making. Rather, I was driven by my own transformative educational experiences and my deep parental love.” Hodge, in his statement, also absolved his children, saying they “did nothing to deserve the consequences they have suffered as a result of my actions.”“Mr. Hodge, your conduct in this whole sordid affair is appalling and mind-boggling,” Groton said. “There is no term in the English language that describes your conduct as well as the Yiddish term chutzpah."Sign Up
Another poster boy for a wealth tax.
Has Malia admitted admission?
Steal millions and 4.5 months in jail, while other do less and spend a shit ton more time, for fucks sake!
Lori is going to prison for a long time.
Lori Laughlin will do several years... The arrogance - she should have agreed to a deal
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Former Pimco CEO to Be Sentenced in College-Admissions ScandalDouglas Hodge, the former chief executive of bond giant Pacific Investment Management, is scheduled to be sentenced for his role in the college-admissions cheating scandal that has ensnared more than 50 parents, coaches and others. Any body help me please kindly dm me for helping. Ok next do NCAA athletes...
Source: WSJ - 🏆 98. / 63 Read more »
Former Pimco CEO Sentenced to Nine Months in Prison in College Admissions CaseDouglas Hodge, former Pimco CEO, was sentenced to nine months in prison and ordered to pay a $750,000 fine for his involvement in the college admissions case (corrects an earlier tweet, which has been deleted, that misstated the fine amount) $750 that’s steep Always trying to put distance between themselves and the herd ....never stops 😉😉 Different Criminal Justice system for the wealthy or White Privilege 🤷🏾♂️
Source: WSJ - 🏆 98. / 63 Read more »
Pimco ex-CEO sentenced to prison in U.S. college admissions scam: prosecutorThe former head of asset management firm Pimco was sentenced on Friday to nine m...
Source: Reuters - 🏆 2. / 97 Read more »
Pimco ex-CEO faces prison in U.S. college admissions bribery schemeThe former head of asset management firm Pimco faces two years in prison if pros... So many people holding high offices appear to rise through climbing the greasy vote-how d high n mighty r mired in ignoble ignorance Ironically no fine or jail time for massive underperformance at Pimco 🤔
Source: Reuters - 🏆 2. / 97 Read more »
Trump's former Navy secretary endorses Michael BloombergThe former Navy secretary forced out of the Trump administration last year is endorsing Michael Bloomberg for president, saying the former New York City mayor will 'respect the advice of military advisers.' There was a good reason why he was ousted out ! Lol! As if that means anything🤣🤣🤣 To me Trump is jealous Trump thinks everyone has to like him it's called freedom of speech
Source: CNN - 🏆 4. / 95 Read more »
Former agent takes aim at ATF over AR-15sEx-ATF agent Dan O'Kelly says federal law does not apply to a key component of the AR-15 and many other weapons, creating a loophole through which convicted felons could acquire a firearm piece by piece. If they are gonna go through all that trouble, they're just gonna buy it as a whole on the street. Just stop. Good. They served their time. Paid their dues. One day we wont need guns anymore.
Source: CNN - 🏆 4. / 95 Read more »