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...
against level
Prosecutors are also about to go up against an unprecedented level of firepower.
developed disruptive football game injured lay level
If a quarterback is injured in a big football game, the game doesn't stop. But it is disruptive and a significant distraction on a professional level because Lay and Ramsey have developed a relationship.
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.
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.
advanced greater judges normally people sympathy
Judges normally show greater sympathy for people of advanced years and deteriorating health,
appreciate controlled enjoy entire freedom life respects value
Someone of means, who for his entire life was able to appreciate the value of freedom, and enjoy his success, is now having his life in many respects controlled by mid-level penal officials.
aggressive concept criminal example government intent jury number
We have the government being very aggressive on the concept of criminal intent in jury charges. And now we have the number two example of it being overturned.
affected concern court directly either family greatest honestly jurors jury members people point potential rather round speaking sure talk unlikely wrong
It's rather unlikely that potential jurors either didn't have family members or didn't know people that were directly affected by Enron. My greatest concern isn't the jurors who are speaking to the court honestly but those that want to get on the jury either to make a point to right the wrong of Enron...or to make sure that they can make the round of talk shows.
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.
assets cloud risk time transfer
Any time there is a transfer of assets and there is a cloud over the assets, any transfer is at risk of being undone.
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.
reaction responses resulted
Congressional prodding historically has resulted in responses and reaction from the SEC.
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.