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...
change conveyed counsel either government intent personally responsive
Mr. Wright has conveyed previously to the government his intent to be responsive to the government's investigation. He has not indicated to the government either personally or through counsel any change in those plans.
case hard question tried
While it's hard to compare-and-contrast (the two trials), there's no question that prosecutors tried a more streamlined case this time.
certainly corporate existed late mindset personal till
There certainly existed a mindset in the late '90s by some that the corporate till was a personal entitlement.
behalf counsel government since various
Various counsel have communicated with the government on his behalf since the allegations arose.
based best corporate extent final fraud government judged modest verdict
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.
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,
reaction responses resulted
Congressional prodding historically has resulted in responses and reaction from the SEC.
against constitute facts guarantees material
Not disclosing material facts about the transaction, such as guarantees against loss, could constitute a crime.
intended
Not that (the justices) intended it that way. But it has that effect.
case jury likely lose selection win
It's more likely that you can lose a case in jury selection than win the case.
believes confident considered identified identify judge legal likely takes thoughtful
It takes a mature, confident and thoughtful judge to acknowledge and identify a real legal issue. That's not to say there may not be other significant issues; it's just she has identified one she believes is the most likely to be considered on appeal.
jail means name plate written
It means that the prosecutors are already having the name plate written to go over the jail cell.
absorb dire fact mainly reflects shocks
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.
asks department justice returning road stay time
The only time the Department of Justice asks for a stay is because it is going down the road of returning an indictment.