Jacob Frenkel
Jacob Frenkel
Jacob Aharon Frenkelis an Israeli economist and the Chairman of JPMorgan Chase International. He served as Governor of the Bank of Israel between 1991 and 2000...
case ceo convicted false government jury lying somebody
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.
case political
This case is a non-starter that has political appeal,
jail means name plate written
It means that the prosecutors are already having the name plate written to go over the jail cell.
helpful information likely others position prepare report support
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.
ceo stand
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,
case jury likely lose selection win
It's more likely that you can lose a case in jury selection than win the case.
assurance certain meets profile return verdict
there's never any assurance that a juror who meets a certain profile will return a verdict a certain way.
bottom facts line
The bottom line is, different jury, different city, different facts,
court desperate hope life move outside permit spend sympathy
a desperate move made with the hope of eliciting some sympathy from the court to permit him to spend some part of the remainder of his life outside of jail.
against build cases cooperation secure senior slowly strategy
The strategy in all these prosecutions is to secure cooperation and slowly build cases against more senior participants.
case felt likely strong
I've always felt that he had a very strong case on appeal, ... if there's any case that's likely to be reversed, this is it.
bit longer takes
Sometimes doing that takes a little bit longer than many would like or expect.
cooperation filing indictment takes
Sometimes it takes the filing of an indictment to induce a plea and cooperation.
against level
Prosecutors are also about to go up against an unprecedented level of firepower.