The way to punish rich people is to make them (and keep them) poor. Instead, the public will be paying for his up keep to the tune of $65K for the next 25 years (if he last that long). I am not saying that he shouldn't be punished, but you have to question if just locking him up is really the answer. I would guess that people that lost most of their savings have been dealt a far more severe punishment.
On Topic - Why do companies like ADCT go up on the Verizon (FTTP) message, and TLAB does nothing?!?
I don't want to get into a rich/poor argument (there are crooks at all economic levels). Having said that, I somewhat agree with you --- a fitting punishment would have been lose all assets, a consent decree to prevent any employment at a public or charitable biz for life, and, say, 10,000 community service.
I held ADCT stock before the crash of 2000. Back then Tellabs was soaring and ADCT would barely move. The times have definetly changed. I have been waiting for over a year to see the direction that Tellabs will go. It seems to be in a "hold" pattern. But then again, it has been another tough year in telecoms.
I would also be interested in him providing some form of restitution to the people he screwed. Prison time is good punishment, but it's also good for the soul to give back to the ones you have taken from. I have no idea what sort of assets he has, so I don't know how easy that would be to do.
"Why do companies like ADCT go up on the Verizon (FTTP) message, and TLAB does nothing?!?"
Answer #1: The "message" is a note from CSFB regarding VZ's FTTP buildout and its affect on ADCT. TLAB is not mentioned.
Answer #2: It's not certain whether or not VZ's accelerated FTTP buildout is good news for TLAB. Margins on TLAB supplied equipment might be a little tight -- if not negative. If, however, Krish were to announce at the earnings CC in a couple weeks that margins on the ONT have turned positive, AND Q2 earnings were good, then I can see TLAB climbing into the low to mid teens by year's end.