For us, the bottom line is his experience and his understanding of business issues. |
He has come down on a host of issues in a way that the business community would prefer. This is not a guy who is going to go off the reservation. |
It's a big victory. One of the biggest. |
Particularly with securities class actions, he will not let class actions go forward lightly. |
Private parties will be forced to pay for the cleanup of environmental damage caused by the federal government unless the courts step in. |
This was an across the board chiding of the SEC. |
This would open the floodgates to RICO being used in all garden-variety lawsuits against corporate defendants. |