Monday, March 24, 2008

misappropriation of federal funds for the win.

i'm in white collar crime class, and we're discussing a case that denotes a private company that has been sub-sub-contracted to dole out federal housing funding as a "public official" under the bribery statute. she then starts to analogize that to receiving federal student loans, and discussing whether we were administrators of a federal program because we got that money. the following exchange ensued:

professor: i'm going to go out on a limb and say that we have a lot of people in here who are getting federal loans. does that mean we have a roomful of federal officials?
student: i sure hope not.
professor: why not?
student: because the federal government wouldn't be too happy to know that this money they're giving me for tuition and living expenses is being used to go on spring break.

it's funny because it's true.

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