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Jail No Place For Lady Who Just Wanted Her Teddy Bear-Loving Boss To Be Happy

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Spending hundreds of millions of dollars of investor capital on teddy bears and the Islanders will get you 10 to 20 behind bars. Letting it happen and then ratting them out at a convenient moment? That earns you a stern-ish talking to.

"Ms. Duffy's crime was recognizing the crime by Messrs. Greenwood and Walsh, and by not speaking up, she allowed them to proceed," Buchwald said. But, she said, Duffy had done "penance" through her extensive cooperation.

Hedge fund exec avoids prison for role in long-running $554 mln fraud [Reuters]



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