Stiff Sentence

Thayer gets four years

It was a moving tribute to a man who has retained his friends if not his reputation. Dozens of supporters from the military, corporate and political elite pleaded for leniency. "I don't know of another man living in this country who has been as dedicated, patriotic and such a willing and constant servant to our Government and our Constitution," Senator Barry Goldwater of Arizona said in a letter. "I have always found him to be honest and forthright," wrote former President Gerald Ford.

The testimonials were for naught. In one of the stiffest penalties ever imposed in an insider trading case,...

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