57 ordspråk av Jacob Frenkel

Jacob Frenkel

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These cases are not a slam dunk. The biggest challenge for the government, if it wins, is to make the win stick.

It changes the face of the trial for the prosecutors and the defense.

There may be information in there that would be helpful to Mr. Greenberg in support of his position that others were responsible. The report will likely have information they need to prepare their defense.

I've been rather skeptical based on how long it has taken and the nature of the charges that have been brought to date [against Enron officials] whether they would ever get to Ken Lay,

What it means is they have locked down a key cooperator who can, at a minimum, disprove what has been a publicly articulated key element of her defense, that being the stop-loss order,

This is not somebody who made some inadvertent false statement, ... This is a case where a jury convicted a CEO for lying to two different government agencies. That's a big deal.

For a CEO to be told when to get up, when to eat, where to stand and what to wear, this is a significant punishment,

The hammer over the co-operator's head is the importance of the prosecutor giving full credit for the co-operation at the time of sentencing.

For a CEO to be told when to get up, when to eat, where to stand and what to wear, this is a significant punishment.

What it means is they have locked down a key cooperator who can, at a minimum, disprove what has been a publicly articulated key element of her defense, that being the stop-loss order.

I've been rather skeptical based on how long it has taken and the nature of the charges that have been brought to date [against Enron officials] whether they would ever get to Ken Lay.

It changes the face of the trial for the prosecutors and the defense. They had to have some contingency plan for trial preparations for a case without Causey. Now they just put that plan in place.

They had to have some contingency plan for trial preparations for a case without Causey. Now they just put that plan in place.

What it really means is a shorter, more focused trial, which is better for the government. It probably takes out of the equation some of the more complex accounting issues. The defense was likely hoping to make this case seem like a complex civil financial fraud case, and without Causey, that will be more difficult.

Less rope is needed for two necks, as the government's noose tightens. The government always benefits from the addition of high-level insiders who would have been party to conversations with most senior executives.

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