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...
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Congressional prodding historically has resulted in responses and reaction from the SEC.
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These cases have significant policy implications. To see two senior executives facing prison terms representing the balance of their lives sends a very strong message.
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These cases are not a slam dunk. The biggest challenge for the government, if it wins, is to make the win stick.
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The strategy in all these prosecutions is to secure cooperation and slowly build cases against more senior participants.
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Prosecutors are also about to go up against an unprecedented level of firepower.
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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.
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Sometimes doing that takes a little bit longer than many would like or expect.
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Sometimes it takes the filing of an indictment to induce a plea and cooperation.
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there's never any assurance that a juror who meets a certain profile will return a verdict a certain way.
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Judges normally show greater sympathy for people of advanced years and deteriorating health,
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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.
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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.
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if (Black is) charged, if there's a trial, and if there is a conviction, we would be looking at a sentence along the high end of the corporate executives who already have been convicted and sentenced in the United States - into two decades.
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Less rope is needed for two necks, as the government's noose tightens. The government always benefits from the addition of high-level insiders who would have been party to conversations with most senior executives.