Former State Treasurer Thomas Ravenel admitted to "reckless and immature" behavior Thursday as he pleaded guilty in federal court to a charge of conspiring to possess with intent to distribute cocaine.The 45-year-old Charleston multimillionaire told U.S. District Judge Joseph Anderson that he purchased the drug, used it and shared it with others over a two-year period.A sentencing hearing will be scheduled in several months, Anderson said, after a pre-sentence report is complete. Although Ravenel faces a maximum term of 20 years in prison, he is likely to serve little time because of sentencing guidelines and a deal he struck with prosecutors last week.GreenvilleOnline.com -Local News-Ravenel pleads guilty to drug charge - (9/7/2007)
How much time would a poor, non-politically connected person get for buying a POUND of cocaine?
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