John Coffee
John Coffee
John R. Coffeewas an American planter and state militia general in Tennessee. He commanded troops under General Andrew Jackson during the Creek Warsand during the Battle of New Orleans in the War of 1812...
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It's been a very successful Act I. This trial is being run by a skilled and experienced judge. Given what can go wrong in a trial, nothing has gone wrong. The trains are running on time. From a prosecution standpoint, you need the trains to run on time. The moment a jury begins to not understand things, they become suspicious and resentful.
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It's Act 1, but I think it's been a very successful Act 1. Given what can go wrong in a trial, nothing has gone wrong so far.
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The particular bank involved here has on prior occasions been caught in the same position as the unwitting intermediary, ... and it has been required by American courts under penalty of very large fines to identify who the inside trader was, who it acted for and that individual was criminally prosecuted.
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I suspect this rush to settle the civil antitrust actions and the securities class action are the product of both an approaching deal with the government involving a plea of guilty to criminal price fixing, and also the approaching shareholders meeting.
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A simple overhearing of information in an elevator, if that's what really happened, doesn't amount to a deceptive misappropriation.
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Enron in its simplest form was a stark and vivid lesson that a company could comply with generally accepted accounting principles and totally deceive investors at the same time.
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You have to show that he knowingly told a false statement, a statement that he did not believe to be true.
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This is not a populist demand for reduced compensation. This is a demand for more accountable compensation that in effect allows investors to relate pay to performance.
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This is not a classic setting where someone gets barred for conduct as a corporate officer. Everything Martha did was in her private capacity.
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Companies are resigned to the fact that Arthur Andersen is soon to be deceased.
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I would expect that both sides now are struggling to control the board. It may be that there are directors who were appointed by each side, but outside independent directors are not going to be loyal to someone if there is strong persuasive evidence that that person was involved in fraud.
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Causey has no defense. He's an accountant, and he was right there at ground zero.
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Cendant was the unrecognized harbinger of financial disasters to come. It was the harbinger in the late 1990s of how the quest for higher stock prices led managers astray.
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Business isn't necessarily committed to the same principles. Federalism cuts for or against them.