517 Days Since Sentence Was Passed

517 Days since Rajat Gupta was sentence to 24 months in prison, and fined $5.0 Million Dollars. The  2^nd U.S.. Circuit Court of Appeals has upheld your conviction. The wheels of Justice turn very slowly.

Rajat is still appealing the ruling that he reimburse his old employer Goldman Sachs $6.22 Million Dollars to help cover the cost of its legal costs associated with this mud fest. I suspect that the 2^nd U.S, Circuit Court of Appeals will have another round of bad news about this time next year.

So Rajat, is 1 June 2014 a good day for you, to start your extended stay-cation at one of our finest Club Fed facilities? As far as what facility it will be, it will be our choosing of course, but we do invite your input as to which one of our fine facilities you would like to stay at. It goes without saying that since you will be one of over 200,000 guests, we cannot guaranty that we will be able to accommodate you in your preferred selection. But rest assured, what ever facility you do eventually end up at it will as comparable as possible to your requested facility.

I know you have concerns, and that is to be expected but rest assured the staff at what ever facility you are assigned to have seen it all before, and will provide you with assistance in navigating this new and exciting phase of your life.  Starting this new adventure at 65 years of age is not for the feint of heart, but having been a Captain of Industry and Finance it should be within your skill set.

Maybe you will get Butner Federal Correctional Institution where you can catch up with 61727-054, AKA Bernard Lawrence Madoff. Or possibly FMC, Devens where you could catch up with 62785-054 AKA Raj Rajaratnam. Where ever it is I am sure that you will meet and make new friends, but it does help if you already know someone already there.

So in the end was it worth it?   After all it will have cost you nearly 2 years of house arrest, 2 year of actual prison time, and some $11.22 Million Dollars in fines and restitution, not to mention your various attorney fees, and last but not least the ruin of your good name (Which no one can put a price on).

Or was it a complete and utter waste time and effort?

Rajat Gupta is now a “Real Player”

Rajat Gupta friends and associates recounted in several article as to why he did what he did, in that for whatever reason he wanted to be in their words a “Real Player”.

Congratulation Rajat you are now a “Real Player”, and like all “Real Player” you now have a rap sheet, with 4 Felony convictions, and not just any Felony Convictions but Federal Felony Convictions, you have arrived in the big league, way to go big fella, you are off to one nice start on the road to being a “Real Player”.  Now you get to spend a little time in stir (it just adds to the mystic of being a “Real Player”), do not worry a “Real Player” like you can do 24 months on standing on your head, and you just might spend some of it on your head so for gosh darn sakes be careful.  The 24 months gets you a minimum-security facility according to the Federal Correction Facilities guidelines (Lucky You, the Judge did you a favor, and you should write him a thank you note).  The bad news is there is no parole from federal prison (You can thank your Congressman and Senator for that feature).

You get to report after the first of the year, “Real Player” get taken from the courtroom to the holding cell to the bus, to the facility. (Again you should write the Judge a thank you note)

Compared to your life now it will be really bad, but you can take it after all you are a “Real Player”.  To an individual who has been to either a medium, high security, or maximum Security they will not look at you as a “Real Player”, they will look at you as having only played in the Class A league.  Medium Security being Double A, High Security as Triple A, and Maximum Security as the Big League.  But remember all of the leagues keep score and they all play for keeps.

Rajat just a little note “Real Players” do not whine, the guards do not like it, and guess what the other “Real Player” really hate it.  Every freaking day will be Ground Hog Day, get use to it, cause after all you a “Real Player”.  Your time is their time.  The food selection sucks, but not as bad as the food sucks, hopefully someone puts money into your account so that you can get stuff from the commissary (Note selection here is also very limited).  Who can visit you and when they can visit you and how often they can visit you, how long they can visit you will not be in your sphere of control.  “Real Players” do not have control.

Early Release, the good news is that it possible, the bad news reduction is minimal (Again you should take a moment to thank your Congressman and Senator for this feature of the Law).  If your sentence is greater than 1 year but less than life, you already might be a winner, in that if you keep your nose clean, they might take 54 days off your sentence (So one full year of good behavior is only worth 54 Days, what a system).  It does not appear that any additional time off can be earned for that last year of your sentence, but you could lose any and all “good time” by even the most minor of offenses in that last year.

When you get out you will be something really special, it is called “unemployable”, because you are now a CONVICTED FELON, but given your age that may not be an issue.  When you get out it will be spooky.

You will have to be careful with who you hang out with especially during your supervised time after your release, given that hanging with other convicted felons is not acceptable for you or them.  Do not worry about holding any type of state issued professional licensed because that is not going to happen because you are a CONVICTED FELON.  Do not worry about getting any type of position where you have to be bonded, cause you are a CONVICTED FELON.  Forget about voting, because you are a CONVICTED FELON.

I am not sure if it has really hit you already, but I know it will hit you one night in your first week, that it really sucks to be a “Real Player”.  To have climbed so high and to have fallen so far it is a sin.  Your real test will not be prison; it will be what you do with the time God has given you after you leave prison.