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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-05 09:26 PM
Original message
Boeing CFO gets four-month jail sentence
Boeing CFO gets four-month jail sentence

By George Cahlink
gcahlink@govexec.com

Former Boeing Chief Financial Officer Michael Sears was sentenced to four months in federal prison and fined $250,000 on Friday for illegally negotiating a job for a top Air Force official at the nation's second-largest defense contractor.

"I know what I did was wrong and I am truly sorry," Sears, 57, said in federal district court in Alexandria, Va.

Sears recruited Darleen Druyun, a top Air Force procurement official--via e-mails and a secret meeting at a Florida airport--to a $250,000-per-year job overseeing Boeing's missile defense contracts.

Druyun was sentenced last fall to nine months in a minimum-security federal prison in Florida. She had negotiated the Boeing job while still working for the Air Force overseeing billion of dollars in Boeing contracts. In court, Druyun admitted to favoring the company in some contract talks in exchange for a job for herself, her daughter and son-in-law.

http://govexec.com/dailyfed/0205/021805g1.htm
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-05 09:33 PM
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1. 4 months for cheating America?
So, basically, we're saying it pays to cheat the United States.

And the $250,000 is pocket change to a CFO.

Wow. That really sends a message. And the country club they send him to will guarantee that he won't get raped up his precious white ass.

Well, this sends a message.
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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-05 09:34 PM
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2. Shoplifters probably get more time (n/t)
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banana republican Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-05 10:27 PM
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3. $250K v.s. $20BN
Good trade.

Oh1 it would have been if he had not been caught.

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