Reuters.com published this article March 20, 2008
“Miami businessman Okun arrested in fraud scheme” is the Miami Herald’s Dan Christensen’s wonderful, succinct description of the events of the Ed Okun saga as it unfolds. Although most of the article is a recapitulation of information, some of the following passages paint a picture of recent events.
According to Okun attorney Rosen: ”He (Okun) was arrested early this morning by federal agents who came to his house while he was having breakfast with his wife and two-year-old child.”
Analysis: Mr. Rosen’s description of Mr. Okun’s arrest in front of Mr. Okun’s child is an obvious attempt to seek sympathy in the court of public opinion.
What about the unknown number of children who are sitting with their parents around a breakfast table trying to figure out what to do to make ends meet in the everyday real world?
What we know:
1. “Okun is being held without bond at Miami’s Federal Detention Center, according to his Coral Gables lawyer Michael Rosen.”
2. “Okun told The Miami Herald in December that his actions have been misunderstood.”
3. “More than a dozen alleged victims live in Florida, and include retirees, businessmen and even a former Broward Sheriff’s detention deputy.
4. The Miami Herald claims that Rosen will attempt to seek bail for Mr. Okun in Virginia
Analysis: Having lived in Virginia for 7 years, being told by natives that it is the northern part of the south, and witnessing the staunch very real conservatism the state supported–good luck
5. The “Simone” Factor: “The indictment says Okun had an employee overnight $15,000 in cash to him while he was aboard ”The Simone” while staying at the Atlantis Marina on Paradise Island in Nassau in January 2007.