Ex-Rite Aid CEO Gets 8-Year Prison Term

President Jesus

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Thu May-27-04 03:27 PM
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Ex-Rite Aid CEO Gets 8-Year Prison Term

Former Rite Aid Corp. chief executive Martin L. Grass was sentenced to eight years in prison Thursday for conspiring to falsely inflate the value of the company his father founded more than four decades ago and cover up the scheme.

Grass, 50, who headed up the nation's third-largest pharmacy chain in the late 1990s before being forced out in October 1999, also was fined $500,000 and given three years' probation for his role in a billion-dollar accounting fraud that sent the company's stock tumbling.

continued

Oh, and surprise, surprise...he is a puke!

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phoebe

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Thu May-27-04 03:56 PM
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1. We are sentencing black men to life for stealing golf clubs or pizza,

Edited on Thu May-27-04 03:58 PM by phoebe

while he tried to defraud this country to the tune of a BILLION dollars and gets away with a $500,000 fine and a shorter sentence for co-operating with the government? This country is in serious trouble on more than one front.

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bluestateguy

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Thu May-27-04 03:56 PM
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2. I love it when conservative white me go to jail!

One less vote for Bush this November. My only regret is that he is not going to a maximum security prison with rapists, robbers and murderers.

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gratuitous

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Thu May-27-04 04:47 PM
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3. So when Bushler says he's going to run the U.S. like a business . . .

I think eight years in the slammer for him seems about right. Then we'll have his criminal trial.

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struggle4progress

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Thu May-27-04 06:13 PM
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4. Forget the trial. Bushler's an enemy combattant.

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