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View Diary: Thoughts on the Enron decision from an ex-Andersen guy (240 comments)

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  •  the fix was in (0+ / 0-)

    Sounds like a pretty clear case of obstruction of justice to me. The "routine housekeeping" defense seems a wee bit thin and the jury agreed.  Remember, the verdict was overturned because "jury instructions at issue simply failed to convey the requisite consciousness of wrongdoing." A rarity indeed.

    The Justice Department said it was "disappointed" by the decision. Uh-huh.  Just about as disappointed as WorldCom was when the administration handed it a big fat Iraq contract just a year after its wrongdoing was exposed and Bush vowed to crack down on corporate corruption.

    I think the Justice Department threw the case by building in reversible error. Try 'em for public show and then let 'em go. After the Supreme Court's decision, the Justice Department said it would decide later whether to retry the case. What have you heard?

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