The GM CEO, the Pin-Up and the Dirty Oil Man
The Statesman reports that former GM CEO Roger Smith (of "Roger and Me" fame) and former Charlie's Angel Farrah Fawcett (no longer major) have both pleaded with a federal judge to go easy when sentencing convicted Texas oilman Oscar Wyatt. The 83-year-old CEO of Coastal Corp has already cut a deal with the feds over bribery charges (i.e. embargo running) relating to the United Nations' Oil for Food program. Three weeks into his trial, Wyatt agreed to spend 18 to 24 months in the hoosegow and fork over $11m in ill-gotten gains. His supporters are worried that U.S. District Judge Denny Chin may set aside the deal and whack Wyatt with some more alone time (as is his right). GM's former big cheese vouched for Wyatt's moral fiber. "I know of no way to better measure a man's character and traits than to hunt together," Smith wrote in a letter to Chin. "Oscar ranks as number one in the character traits that really count — integrity, responsibility, loyalty and dependability." I guess three out of four ain't bad.
More by Robert Farago
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More proof that the "old boys club" is alive and well. Those corrupt old billionaires have to stand together, elsewise, they might actually have to get treated like the criminals they are.
Throw the book at 'em. Then go for the bonus hogs in top level management at Delphi.
They should make an example of him and everyone associated with him. Dieing in prison is a fitting end! These pricks are destroying our country.
and what would a working man have got? bet it would'nt have been a $50.00 fine and told to pick up the garbage.