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...
experience guide oil shocks
The experience of the oil shocks in the 1970s is not a guide for the future.
accounting case civil complex defense equation financial focused fraud hoping likely means seem takes
What it really means is a shorter, more focused trial, which is better for the government. It probably takes out of the equation some of the more complex accounting issues. The defense was likely hoping to make this case seem like a complex civil financial fraud case, and without Causey, that will be more difficult.
disprove element key locked means publicly
What it means is they have locked down a key cooperator who can, at a minimum, disprove what has been a publicly articulated key element of her defense, that being the stop-loss order,
case plan trial
They had to have some contingency plan for trial preparations for a case without Causey. Now they just put that plan in place.
That's why they downgraded us from the podium.
compelling painting picture
You're painting a picture of more compelling evidence,
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.
bottom facts line
The bottom line is, different jury, different city, different facts,
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,
answer anyone confronted conviction corporate court fraud imposing judges state trial wants york
Now anyone who wants to know what trial court judges in New York state are doing when confronted with conviction in a high-profile corporate fraud case, the answer is imposing a significant sentence.
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.
case changes face plan trial
It changes the face of the trial for the prosecutors and the defense. They had to have some contingency plan for trial preparations for a case without Causey. Now they just put that plan in place.
changes face trial
It changes the face of the trial for the prosecutors and the defense.