The Deets blog recently featured an interesting post about Nathan Daniel Jesh, who was the "closer" in the TJ Waconia mortgage/investor fraud case and only received three years probation. I'm trying to be outraged, but my outrage muscle has been strained from far too much use.
One reason Jesh may have received such a light sentence (besides the possibility he cooperated in the investigation) might be his lack of any meaningful criminal record. According to...
...the Minnesota Courts website, Jesh has only been charged with three things: underage drinking, speeding, and improperly tinted windows.
Here are those cases and the results of each:
JESH, NATHAN DANIEL
Non- Traffic Misdemeanor
Fined $50, plus $30 surcharge and $5 costs. Looks like the incident was reported to the Liquor Control Board, meaning whoever served or sold the liquor got in more trouble than young Mr. Jesh. In retrospect, this may have been something of an omen.
Jesh, Nathan Daniel
Dakota-Hastings - Criminal/Traffic/Petty
Traffic - Speeding - Exceed Limit 55 mph Where Appropriate 65/55
JNS says: Sixty-five in a fifty-five?
Jesh, Nathan Daniel
Vehicle - Window Restrictions - Tint Too Dark
Otherwise known as "mouthing off to a cop when he says something about how your car windows seem a bit too dark." Convicted.
What is the lesson to be learned, here? That keeping a clean record is invaluable if you intend to pursue a lucrative career in white collar crime. Nathan Daniel Jesh helped destroy the very economic fiber of my neighborhood. Contrast that with a young thug who knocks of a liquor store but doesn't shoot anybody.
Jesh will never see a day in prison. The young thug, in contrast, would probably do some time and then, upon release, begin a downward socioeconomic slide which probably ends with dying in a hail of gunfire on a street corner.
I can't help but be reminded of the lyrics of a Violent Femmes song, "Kiss Off."
I hope you know this will go down on your permanent record/
Oh yeah? Well don't get so distressed/
Did I happen to mention that I'm impressed?
A small side note, here. Like all the other media, this blog has referred to the TJ Waconia debacle as "mortgage fraud." At some point, however, I became convinced it was more accurate to call it a case of "investor fraud."
But after giving the matter some consideration, I'm now convinced it's most accurate to say "mortage/investor fraud."