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Letter "J" » John Coffee Quotes
«The partnership knew the firm was no longer viable so there was no reason not to roll the dice. If their survival depended on this jury they probably would have settled.»
«The prosecutors saw the problem they were having in Arthur Anderson and so they got Congress to pass a much simpler statute.»
«This is not a populist demand for reduced compensation. This is a demand for more accountable compensation that in effect allows investors to relate pay to performance.»
«Business isn't necessarily committed to the same principles. Federalism cuts for or against them.»
«In a Republican administration, (the SEC) would be extremely embarrassed if there were questions whether they delayed giving authority to the staff to conduct (a formal) investigation.»
«The problem with doing that is that Lay did make some significant purchases of Enron stock and held onto all of his Enron stock except for those shares he sold pursuant to margin calls.»
«To the extent that [Lay] is making a statement of opinion, the government has to show not only that that statement was false but that he knew it to be false, ... The problem with doing that is that Lay did make some significant purchases of Enron stock and held onto all of his Enron stock except for those shares he sold pursuant to margin calls.»
«The particular bank involved here has on prior occasions been caught in the same position as the unwitting intermediary, ... and it has been required by American courts under penalty of very large fines to identify who the inside trader was, who it acted for and that individual was criminally prosecuted.»
«I think the SEC had to get aboard this ship. Otherwise, they would look like they are lagging behind the parade, ... They have been somewhat embarrassed by being behind everyone on the issue of accounting reform.»
«This means that they can win some of these cases, but they can also lose some, ... But there will be thousands of them the plaintiffs' bar will be willing to try.»