Sometimes it takes the filing of an indictment to induce a plea and cooperation. |
That's why they downgraded us from the podium. |
The bottom line is, different jury, different city, different facts, |
The city of Houston is littered with the victims of Enron. The biggest challenge may be finding 12 jurors who can be fair. |
The experience of the oil shocks in the 1970s is not a guide for the future. |
The fact that some dire predictions didn't materialize mainly reflects the robustness of the U.S. economy. 2005 has showed us that it is able to absorb more shocks than previously thought. |
The government's prosecutions of corporate fraud will be judged based on the verdict in this case. If there is an acquittal, the government's corporate fraud prosecutions will be deemed at best a modest success. To the extent the government is being tested, this is the final exam. |
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. |
The only time the Department of Justice asks for a stay is because it is going down the road of returning an indictment. |
The strategy in all these prosecutions is to secure cooperation and slowly build cases against more senior participants. |
There certainly existed a mindset in the late '90s by some that the corporate till was a personal entitlement. |
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. |
there's never any assurance that a juror who meets a certain profile will return a verdict a certain way. |
These cases are not a slam dunk. The biggest challenge for the government, if it wins, is to make the win stick. |
These cases have significant policy implications, |