14 years in jail for Libor rigging? The judge makes a persuasive case | Joshua Rozenberg

Yes, Tom Hayes was given a bigger sentence than a rapist might get– but it seems to be in keeping with sentencing guidelines and the principle of deterrenceWas 14 years in prison too harsh a sentence for Tom Hayes, the former City trader convicted yesterday of rigging the Libor interest rate?A glance at the sentencing guidelines shows that the starting point for robbery involving serious injury is eight years. An aggravated rape might start at 10 years. The worst examples of intentional grievo