November 22, 2008
Do as I say, not as I do
Let's take a look back on Weissmann's business prosecution scorecard. A unanimous U.S. Supreme Court overturned Weissmann's dubious prosecution of Arthur Andersen, which was the final blow in putting that hallowed institution of American accounting out of business.
But now, in United States v. Ionia Management, S.A., Weissmann is attempting to persuade the Second Circuit Court of Appeals to limit prosecutors from doing precisely what he did to Arthur Andersen and Merrill Lynch
In view of all this, I wonder whether any of the Second Circuit judges thought to ask Weissmann why he used his stint as a prosecutor to cause tens of thousands of job losses and enormous wealth destruction?
Or why Weissmann used criminal prosecutions to cause destruction of numerous good business careers of Arthur Andersen partners and Merrill Lynch executives where the only thing that they did wrong was to do business with what became a social pariah, Enron.
Had Weissmann been asked such questions, would he have attempted to defend his conduct at the expense of his current clients?
If so, that would not have been a winning appellate argument.
Posted by Tom at November 22, 2008 12:01 AM |
Thank you I will wait.
My question is : where do I go to find out what actions have been taken and where do I find out about the shareholders class action law suit against Enron.
Posted by: keith at December 29, 2010 8:06 PM
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