BEING REASONABLE is easier said than defined when calculating the prison sentences of executives found guilty of securities fraud, if their prison terms rest on hotly contested calculations of stock losses.
Around the country, federal judges are struggling with ways to calculate reasonable sentences under the Federal Sentencing Guidelines for corporate criminals caught when news of potential skullduggery sends the stock market into gyrations that cost investors millions. Such huge losses can send potential white-collar sentences into the stratosphere.
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