tag:blogger.com,1999:blog-8623255227619374869.post1080641463071043609..comments2024-03-19T08:48:37.047+00:00Comments on Prison UK: An Insider's View: City Trader Tom Hayes: Getting a ‘Lump’PrisonUKhttp://www.blogger.com/profile/05060870139110580938noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-8623255227619374869.post-90191244719208703872015-08-27T11:43:11.996+01:002015-08-27T11:43:11.996+01:00Hi Robyn, sure. I'll e-mail you. AlexHi Robyn, sure. I'll e-mail you. AlexPrisonUKhttps://www.blogger.com/profile/05060870139110580938noreply@blogger.comtag:blogger.com,1999:blog-8623255227619374869.post-10390757315562892432015-08-27T10:45:56.476+01:002015-08-27T10:45:56.476+01:00Hi Alex, great blog. Do you have time for a chat? ...Hi Alex, great blog. Do you have time for a chat? I'm a journalist and i'm working on a feature, which I'm keen to hear your thoughts on. My email is robyn.wilson@emap.com if you are able to get in touch.Robynhttps://www.blogger.com/profile/09198733011670829784noreply@blogger.comtag:blogger.com,1999:blog-8623255227619374869.post-32475508159465627082015-08-24T15:27:32.036+01:002015-08-24T15:27:32.036+01:00Hi Martina, thanks for your contribution. Indeed, ...Hi Martina, thanks for your contribution. Indeed, I'm very familiar with the infamous Zimbardo experiment. I've seen similar processes at work in prisons - and in the armed forces. "Power corrupts; absolute power tends to corrupt absolutely."PrisonUKhttps://www.blogger.com/profile/05060870139110580938noreply@blogger.comtag:blogger.com,1999:blog-8623255227619374869.post-29685986821031231782015-08-24T15:25:37.145+01:002015-08-24T15:25:37.145+01:00Thanks for your comments. The problem is that ther...Thanks for your comments. The problem is that there is a public appetite for vengeance against bankers, financiers and their ilk so there isn't going to be much sympathy for Tom, even if the custodial sentence will cost the taxpayer around 200 grand for the seven years inside, followed by a further seven on licence.<br /><br />However, I do agree that anyone in the banks who knew what was going on with Libor should - in theory, at least - face the consequences. It will be a scandal if senior managers and directors who also benefited do escape prosecution.PrisonUKhttps://www.blogger.com/profile/05060870139110580938noreply@blogger.comtag:blogger.com,1999:blog-8623255227619374869.post-86847677050460914412015-08-24T15:20:01.432+01:002015-08-24T15:20:01.432+01:00Thanks for your comments. I agree that it does see...Thanks for your comments. I agree that it does seem to be a very harsh sentence, particularly for a non-violent offence, however it seems to be a reflection of the times and the general level of hatred for bankers! I suppose that the message is the bigger the scale of the fraud, the tougher the sentence will be (in line with the sentencing guidelines, which are quite detailed).<br /><br />POCA will be a nightmare on top... and you're right. He and his family will be stripped of everything and unless the order is satisfied it will have implications for his security categorisation and future prospects for open conditions. I really wouldn't want to be in his shoes.<br /><br />I've had discussions on the issue of OB courses with loads of fellow cons and these sort of financial offences where there isn't a specific victim are tricky... and courses are arguably pointless, particularly where the supervising staff don't know much about the complex world of high finance! Probably a waste of time, but better than being banged-up all day for 22 hours or so!PrisonUKhttps://www.blogger.com/profile/05060870139110580938noreply@blogger.comtag:blogger.com,1999:blog-8623255227619374869.post-75095204575780136202015-08-24T15:12:36.500+01:002015-08-24T15:12:36.500+01:00Thanks for your comment. I always welcome feedback...Thanks for your comment. I always welcome feedback! It's interesting to get responses from staff - who obviously see a different side of prison life. That's why I am planning to use some more contributions from frontline officers in the near future.PrisonUKhttps://www.blogger.com/profile/05060870139110580938noreply@blogger.comtag:blogger.com,1999:blog-8623255227619374869.post-34652103349138315112015-08-13T17:20:05.973+01:002015-08-13T17:20:05.973+01:00i half-expect you to know all of this already and ...i half-expect you to know all of this already and to be familiar with the stanford prison experiment but maybe other people don't... https://www.youtube.com/watch?v=aqFZSkiDlaA this is a video with zimbardo, who initiated the experiment back in the day. i've always found it interesting for various reasons but it's shocking how little thought went into ethics then and how little he is interested in it even now. <br /><br />and i think the stanford prison experiment shows how easily an institution can become abusive simply by way of being an institution. <br /><br />~martinaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8623255227619374869.post-31341439833691838962015-08-09T22:16:36.777+01:002015-08-09T22:16:36.777+01:00Thank you Alex for a most informative post. I thin...Thank you Alex for a most informative post. I think this trader has been made a scapegoat for so many others and his sentence is crazy. An utter waste of tax payers money to keep him locked up for 7 years and on supervision after that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8623255227619374869.post-28223817036671315742015-08-05T13:26:03.250+01:002015-08-05T13:26:03.250+01:00I'm not saying that he didn't deserve the ...I'm not saying that he didn't deserve the length of sentence that he got but he's got a lot longer of a sentence than a lot of people in for a violent offence get. Crazy isn't it that a first time offender with a non violent offence can get a longer sentence than someone with a rap sheet as long as your arm who bashed a granny into almost dying to knick off with her pension or who has run over and killed a small child? <br /><br />Mind you his sentence is on a par with people done for VAT fraud (one former copper got done for £365 million vat fraud carousel some years ago and got 10 years) so 14 years really isn't out of line compared with other large fraud cases.. <br /><br />He's also now got the fun of POCA to undergo so he'll also end up completely penniless and if he doesn't pay another hefty sentence on top of the one he's already serving!<br /><br />In line with your comments about OB courses I'm really not sure what the prison service would be able to do in terms of OB courses and rehabilitation given its in one sense a "victimless" offence ie there is not an actual identifiable victim and all the people of the UK/the world is more than a bit nebulous as a victim (although my PO still to this day ludicrously maintains that the entire UK population is the victim of my VAT fraud offence which works out at a tiny fraction of 1 pence per head of population given the alleged value of the offence)<br /><br />The boredom will be the worst thing. Seven years of mind numbing tedium is enough to drive anyone potty.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8623255227619374869.post-30684439188103613182015-08-04T19:14:18.401+01:002015-08-04T19:14:18.401+01:00As an officer (that doesn't always agree with ...As an officer (that doesn't always agree with you) I have to say I think you're spot on with this post. Anonymousnoreply@blogger.com