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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:22 AM
Original message
MSNBC Breaking: Supreme Court overturns Enron-related conviction of Arthur
top of the page, no detail yet...

<<SNIP>>
http://www.msnbc.msn.com /

Supreme Court overturns Enron-related conviction of Arthur Andersen accounting firm

<</SNIP>>


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Liberal Democratic discussion forum
   Replies to this thread
  - Here's a comment:  Ilsa   May-31-05 09:24 AM   #1 
  - Arthur Anderson, the employee of the company they were supposed to police  lebkuchen   May-31-05 09:28 AM   #5 
  - Must be nice to have friends in high places.  Zerex71   May-31-05 01:06 PM   #41 
  - Surprise surprise surprise  XNGH   May-31-05 05:48 PM   #58 
  - is this a case  Catma   May-31-05 09:25 AM   #2 
  - Only when repugs don't like the ruling ...  meegbear   May-31-05 09:37 AM   #10 
  - haha!  MadAsHellNewYorker   May-31-05 09:38 AM   #11 
  - link here  annabanana   May-31-05 09:25 AM   #3 
  - SURPRISE, SURPRISE  bpilgrim   May-31-05 09:25 AM   # 
  - More info  JHB   May-31-05 09:25 AM   #4 
  - Curious  gratuitous   May-31-05 09:46 AM   #13 
     - It's consistent. They're concerned about process.  igil   May-31-05 12:21 PM   #33 
     - Do you know what case that states what you just said?  brainshrub   May-31-05 09:54 PM   #63 
  - This is not good news for Bush's public opinion numbers.......  pacoyogi   May-31-05 09:29 AM   #6 
  - Yes. That was my first thought  TheBorealAvenger   May-31-05 09:33 AM   #7 
  - Unanimous Opinion  DoveTurnedHawk   May-31-05 09:34 AM   #8 
  - so who intentionally blew it then?  anotherdrew   May-31-05 11:24 AM   #23 
     - Overzealous Prosecutors, Probably  DoveTurnedHawk   May-31-05 11:41 AM   #27 
  - Here's some details.  napi21   May-31-05 09:35 AM   #9 
  - "Setback?" Are they being funny?  aquart   May-31-05 10:59 AM   #20 
  - We need a new term - a set-forward.  daleo   May-31-05 12:05 PM   #29 
  - high priority.  SlavesandBulldozers   May-31-05 04:31 PM   #55 
  - They're Made Men. You can't touch them without a sit-down first  htuttle   May-31-05 09:39 AM   #12 
  - I wnet through a similar instance a long time ago.  napi21   May-31-05 09:47 AM   #14 
  - There goes that "way liberal" Supreme Court again!  high density   May-31-05 09:49 AM   #15 
  - "The ruling is a setback for the Bush administration,  elemnopee   May-31-05 09:50 AM   #16 
  - They will surely blame Clinton for this  underpants   May-31-05 10:45 AM   #19 
  - How much did Arthur Andersen donate to the GOP?  Julius Civitatus   May-31-05 09:54 AM   #17 
  - said it before, will say it again:  cybildisobedience   May-31-05 10:18 AM   #18 
  - Dark Day is right! "Here Lies Democracy - D. 12.12.2000"  AuntiBush   May-31-05 04:55 PM   #57 
  - Would this not now open the door for all the Corporations "Cooking Books"  KoKo01   May-31-05 11:01 AM   #21 
  - I bet BIG Corporations are licking their chops over this decision  0007   May-31-05 11:20 AM   #22 
  - Damn librul courts!! Letting criminals off on technicalities!!  Jack Rabbit   May-31-05 11:26 AM   #24 
  - Court Overturns Andersen Conviction  Clovis Sangrail   May-31-05 11:28 AM   #25 
  - Andersen was punished for the misbehavior of one office  warrens   May-31-05 11:38 AM   #26 
  - I agree with your opinion.  Straight Shooter   May-31-05 12:00 PM   #28 
  - Don't judges give instructions to the jury?  daleo   May-31-05 12:08 PM   #31 
     - Prosecutors write the instructions; judges read them to the jury.  Straight Shooter   May-31-05 04:46 PM   #56 
        - The Instructions are written by a panel of judges  Gyre   May-31-05 07:23 PM   #62 
           - Wrong, on several points  dbaker41   May-31-05 10:34 PM   #64 
  - Arthur Anderson was already on probation for other  Jacobin   May-31-05 12:07 PM   #30 
  - So corporations arent responsible for thier actions? How nice for them.  K-W   May-31-05 06:16 PM   #59 
  - I wonder  Zodiak Ironfist   May-31-05 12:16 PM   #32 
  - I'm fairly certain that Ashcroft didn't issue the jury instructions.  igil   May-31-05 12:25 PM   #34 
     - My bad  Zodiak Ironfist   May-31-05 04:07 PM   #53 
        - See above: both sides submit proposed jury instructions  dbaker41   May-31-05 10:37 PM   #65 
  - "Setback"??? Ha!  Megahurtz   May-31-05 12:26 PM   #35 
  - enron still  dejaboutique   May-31-05 12:28 PM   #36 
  - Will people please stop freaking out? This isn't a conspiracy  Zynx   May-31-05 12:35 PM   #37 
  - whatever... a lot of expensive lawyers exploiting rules to...  JRob   May-31-05 12:47 PM   #40 
  - ...is anyone really surprised?  JRob   May-31-05 12:39 PM   #38 
  - Set-Back No-  Old Vet   May-31-05 12:45 PM   #39 
  - IMPEACH OUR A-MORAL, PUPPET SUPREME COURT TODAY!!  Chicago Democrat   May-31-05 01:27 PM   #42 
  - Four Justices Are Solid  DoveTurnedHawk   May-31-05 01:34 PM   #43 
  - MSNBC...you're full of BS  OKthatsIT   May-31-05 01:38 PM   #44 
  - Enron auditor's verdict reversed  SusanF_CA   May-31-05 03:52 PM   #45 
  - If this was unanimous, there must have been good legal reasons.  redacted   May-31-05 03:52 PM   #46 
  - I bet dumbya  Yellow_Dog   May-31-05 03:52 PM   #47 
  - So is that a mistrial.....a do-over? Or is it simply tossed out?  Dover   May-31-05 03:52 PM   #48 
  - Anderson is dead  Gothmog   May-31-05 03:52 PM   #49 
  - IMO - Enron tried to make AA the scapegoat  silverlib   May-31-05 03:52 PM   #50 
  - Did prosecutors deliberatley give bad instructions so it would be overturn  McCamy Taylor   May-31-05 03:52 PM   #51 
     - Actually, the instructions don't look bad at all  atre   May-31-05 03:52 PM   #52 
  - I doubt there is much conspiracy here...  WeRQ4U   May-31-05 04:19 PM   #54 
  - Why don't we just say fraud is not a crime?  sakabatou   May-31-05 06:19 PM   #60 
     - Only true,  agincourt   May-31-05 06:32 PM   #61 
 
Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:24 AM
Response to Original message
1. Here's a comment:
In an unanimous opinion, justices said the former Big Five accounting firm’s June 2002 conviction was improper. It said the jury instructions at trial were too vague and broad for jurors to determine correctly whether Andersen obstructed justice.

“The jury instructions here were flawed in important respects,” Chief Justice William H. Rehnquist wrote for the court.

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lebkuchen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:28 AM
Response to Reply #1
5. Arthur Anderson, the employee of the company they were supposed to police
When caught fixing the numbers, started shredding damning documents, Oliver North-style. "Democracy" in America.

Glad I'm no longer invested, thanks to the writing on the wall after that fiasco. Better to take a loss now than lose everything later.

Arthur Anderson is toast in Australia, btw, because the Anderson name is MUD.
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Zerex71 Donating Member (692 posts) Send PM | Profile | Ignore Tue May-31-05 01:06 PM
Response to Reply #1
41. Must be nice to have friends in high places.
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XNGH Donating Member (77 posts) Send PM | Profile | Ignore Tue May-31-05 05:48 PM
Response to Reply #1
58. Surprise surprise surprise
I'm totally surprised ... NOT
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Catma Donating Member (83 posts) Send PM | Profile | Ignore Tue May-31-05 09:25 AM
Response to Original message
2. is this a case
of judicial activism or is that only when they don't like the ruling?
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meegbear Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:37 AM
Response to Reply #2
10. Only when repugs don't like the ruling ...
and ...

:party: WELCOME ABOARD!! :party:
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MadAsHellNewYorker Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:38 AM
Response to Reply #2
11. haha!
welcome to DU too! :hi:
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:25 AM
Response to Original message
3. link here
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bpilgrim Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:25 AM
Original message
SURPRISE, SURPRISE
not

peace
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JHB Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:25 AM
Response to Original message
4. More info
http://www.msnbc.msn.com/id/8046535 /

WASHINGTON - The Supreme Court on Tuesday overturned the conviction of the Arthur Andersen accounting firm for destroying Enron Corp.-related documents before the energy giant’s collapse.

In an unanimous opinion, justices said the former Big Five accounting firm’s June 2002 conviction was improper. It said the jury instructions at trial were too vague and broad for jurors to determine correctly whether Andersen obstructed justice.

“The jury instructions here were flawed in important respects,” Chief Justice William H. Rehnquist wrote for the court.
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gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:46 AM
Response to Reply #4
13. Curious
A couple of "Justices" on the Supreme Court are on record as saying that actual innocence is no bar to carrying out the death penalty on a human defendant otherwise properly convicted. That is, it doesn't matter if the wrong man is being executed for a crime, as long as court procedure was followed, he gets snuffed.

Now they're all worried about "flawed" jury instructions? Oh wait; we're not talking about some innocent man here -- this is a large corporation with the potential to make millions of dollars in campaign contributions! How silly of me to believe that there was some single standard of justice to be applied equally to all defendants before the bar.
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Igel Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:21 PM
Response to Reply #13
33. It's consistent. They're concerned about process.
It also means that again Andersen is innocent until proven guilty.
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brainshrub Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:54 PM
Response to Reply #13
63. Do you know what case that states what you just said?
I'm Googleing" "Supreme Court are on record as saying that actual innocence is no bar to carrying out the death penalty"

I can't find anything. :shrug:
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msanthrope Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:29 AM
Response to Original message
6. This is not good news for Bush's public opinion numbers.......
and perhaps can be spun as to why the judicial filibuster is so important. The next Supreme Court justice cannot take orders from the administration, and let Bush's friends off.

Judicial activism!!!!!
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Kolesar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:33 AM
Response to Reply #6
7. Yes. That was my first thought
Further: Bush would have us turn over our Social Security assets to men the likes of Arthur Anderson's management.
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DoveTurnedHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:34 AM
Response to Original message
8. Unanimous Opinion
Without knowing the details, my guess is that yes, there were probably major problems with the case.

DTH
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anotherdrew Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 11:24 AM
Response to Reply #8
23. so who intentionally blew it then?
who wrote those 'flawed' instructions?
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DoveTurnedHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 11:41 AM
Response to Reply #23
27. Overzealous Prosecutors, Probably
It's a pretty common trait among them, especially when breaking new legal ground. I suspect no conspiracies are needed to explain this.

DTH
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:35 AM
Response to Original message
9. Here's some details.
WASHINGTON - The Supreme Court on Tuesday overturned the conviction of the Arthur Andersen accounting firm for destroying Enron Corp.-related documents before the energy giant’s collapse.

advertisement

In a unanimous opinion, justices said the former Big Five accounting firm’s June 2002 conviction was improper. It said the jury instructions at trial were too vague and broad for jurors to determine correctly whether Andersen obstructed justice.

“The jury instructions here were flawed in important respects,” Chief Justice William H. Rehnquist wrote for the court.

The ruling is a setback for the Bush administration, which made prosecution of white-collar criminals a high priority following accounting scandals at major corporations. After Enron’s 2001 collapse, the Justice Department went after Andersen first.
http://www.msnbc.msn.com/id/8046535 /


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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 10:59 AM
Response to Reply #9
20. "Setback?" Are they being funny?
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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:05 PM
Response to Reply #20
29. We need a new term - a set-forward.
"The ruling was a set-forward for the Bush administration"
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SlavesandBulldozers Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 04:31 PM
Response to Reply #9
55. high priority.
"the Bush administration, which made prosecution of white-collar criminals a high priority. . . . "

HArdee Fucking Har. Good Christ what is wrong with the people of this country to buy such uncut horseshit. that statement is absolutely correct if by high-priority they mean low-priority.
oh wait I forgot they snagged Martha Stewart nevermind, I forgot about that - nevermind Ashcroft was like the corporate Elliot Ness.
MSNBC shouldn't even be considered a source.
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htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:39 AM
Response to Original message
12. They're Made Men. You can't touch them without a sit-down first
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:47 AM
Response to Reply #12
14. I wnet through a similar instance a long time ago.
The Co. I worked for was a major retailer with almost 1,000 stores. We stored all the records at the home office. We were involved in a big law suit for bait and switch tactics, and under court order not to destroy ANY documents. We even had to keep phone messages.

The case was going into it's 4th year, and we were running out of room for storeage, and our CFO OK'd throwing out the old cash register tapes. There was absolutely no information on them that could be of any help in that case, but the judge fined us a pretty hefty fine for throwing them away. He said we weren't to destroy ANYTHING.

This case against Andersen sounds like the same thing.

Although I want to see anyone involved in illegal accounting punished severly, I agree with the SCOTUS on this one.
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:49 AM
Response to Original message
15. There goes that "way liberal" Supreme Court again!
Surprise.
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elemnopee Donating Member (92 posts) Send PM | Profile | Ignore Tue May-31-05 09:50 AM
Response to Original message
16. "The ruling is a setback for the Bush administration,
Edited on Tue May-31-05 09:50 AM by elemnopee
which made prosecution of white-collar criminals a high priority following accounting scandals at major corporations. After Enron's 2001 collapse, the Justice Department went after Andersen first."

from cnn.com

gosh darn librul media
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 10:45 AM
Response to Reply #16
19. They will surely blame Clinton for this
again
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Julius Civitatus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 09:54 AM
Response to Original message
17. How much did Arthur Andersen donate to the GOP?
Just wondering.
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cybildisobedience Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 10:18 AM
Response to Original message
18. said it before, will say it again:
Dec. 12, 2000, was the darkest day for democracy in the history of our country. That day, the Supreme Court installed George Bush in the White House, and basically signaled that we no longer have any expectation of fairness, justice and equality (or sanity) in this country.
We'll see these decisions - the ones that benefit a handful of the greediest, sleaziest and meanest at the expense of the many -- over and over again.
Our democracy has been destroyed.
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AuntiBush Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 04:55 PM
Response to Reply #18
57. Dark Day is right! "Here Lies Democracy - D. 12.12.2000"
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 11:01 AM
Response to Original message
21. Would this not now open the door for all the Corporations "Cooking Books"
and involved in other nefarious dealings to back up the Shredder to the door and begin the process of destroying all future evidence?

Given that Wall St. is seeing almost a scandal a day, this would seem to be welcomed by cheering crowds of crooks as a signal that they will never be prosecuted if the evidence is long gone. :shrug:

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0007 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 11:20 AM
Response to Original message
22. I bet BIG Corporations are licking their chops over this decision
and praising the Harvard bought brains.
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Jack Rabbit Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 11:26 AM
Response to Original message
24. Damn librul courts!! Letting criminals off on technicalities!!
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Clovis Sangrail Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 11:28 AM
Response to Original message
25. Court Overturns Andersen Conviction
WASHINGTON May 31, 2005 — The Supreme Court on Tuesday overturned the conviction of the Arthur Andersen accounting firm for destroying Enron Corp.-related documents before the energy giant's collapse.



http://abcnews.go.com/Politics/wireStory?id=806045
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warrens Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 11:38 AM
Response to Original message
26. Andersen was punished for the misbehavior of one office
The people responsible should have been tried separately; putting a huge international firm on trial for the actions of its Houston office was grossly unfair, IMO.

Overturning the conviction doesn't solve anything, of course, because there is no more AA in the U.S. Thousands of people lost their jobs here in Chicago, and they had nothing to do with Enron or Houston.
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Straight Shooter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:00 PM
Response to Reply #26
28. I agree with your opinion.
In addition, I am disgusted with the prosecutors for crafting poorly-worded instructions. It was imperative that they cross all their t's and dot all their i's. Clearly, in retrospect, they didn't.

Shame.

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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:08 PM
Response to Reply #28
31. Don't judges give instructions to the jury?
That is what I always thought, so how can the prosecutors be at fault?
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Straight Shooter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 04:46 PM
Response to Reply #31
56. Prosecutors write the instructions; judges read them to the jury.
We could be picking nits here, because one way or the other, that's the instructions the jury got. If I'm wrong, I'm happy to be corrected.

Somebody dropped the ball.
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Gyre Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 07:23 PM
Response to Reply #56
62. The Instructions are written by a panel of judges
The Judge rules on admissibility of evidence being proferred by both sides and makes sure there isn't an Appellate issue (grounds for appeal) built into the trial. The prosecutor presents all the facts that support a conviction based on the instructions he's stuck with.

Gyre
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Bake Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 10:34 PM
Response to Reply #62
64. Wrong, on several points
1. Not a panel of judges. At trial, there's only one judge.

2. Jury instructions are submitted by both sides, the prosecution and the defense, and they argue to the court which set ought to be presented to the jury. The trial judge rules on which set of instructions to present to the jury, and can tweak the instructions if he/she doesn't like either side's offering.

Some judges don't give it that much thought.

My guess is the prosecution probably overreached with its instructions, and the judge, who had already decided on the result he/she wanted, went along with the prosecution.

And yes, the Supreme Court is ALL about process -- "due process" to be exact. More so than actual guilt or innocence. The Supes rarely get involved in the FACTS of the case; they weren't there to hear the evidence (unless the result is so blatantly contrary to the evidence presented at trial). What they typically review is the LAW and the PROCESS; that's what they're supposed to do.

Bake, Esq.
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Jacobin Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:07 PM
Response to Reply #26
30. Arthur Anderson was already on probation for other
godawful 'audits' helping corporate whores skim millions from investors by cooking the books.

They shouldn't be just out of business.

They should all be in jail.

They were the absolute worst of the worst, also helping Halliburton to do fraudulent accounting while Cheney was in charge to justify his stock options.
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K-W Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 06:16 PM
Response to Reply #26
59. So corporations arent responsible for thier actions? How nice for them.
Edited on Tue May-31-05 06:19 PM by K-W
I guess you think only the soldiers directly involved should be held accountable for torture as well?

God forbid we hold the powerful leaders accountable for the actions of thier organizations. Also, the idea that we shouldnt seek justice because hurting corporations costs us jobs is in essence arguing that corporations are above the law, a view widely held by corporate republicans, but not many others.
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Zodiak Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:16 PM
Response to Original message
32. I wonder
Does anyone here think that perhaps Ashcroft's Justice Department screwed this up on purpose for overturning later? Wouldn't be the first trojan horse used in a high-profile case.
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Igel Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:25 PM
Response to Reply #32
34. I'm fairly certain that Ashcroft didn't issue the jury instructions.
The prosecutors may have suggested language, but couldn't very well impose it.

Sort of like lobbyists drafting legislation: they don't introduce the bills or enact them. The judge goofed.

Why, and how, are the questions.
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Zodiak Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 04:07 PM
Response to Reply #34
53. My bad
Ah....so it is the judge who made the mistake (sorry, someone earlier had said it was the team of prosecutors...I took that at face value).

Still....I no longer believe that honest mistakes are honest unless I know more about the players. It seems everywhere in our government the neocons and fascists lurk in order to "tweak" situations at precisely the right moment.

Call me paranoid.
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Bake Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 10:37 PM
Response to Reply #53
65. See above: both sides submit proposed jury instructions
Each one submits instructions that tend to favor their side. The judge is supposed to "split the baby" and determine what instructions are proper and in accord with the law. Both the prosecution and defense will inevitably push the envelope to favor its respective side of the case. The judge often knows what result he/she wants to see and can shape the instructions accordingly; here, apparently, the judge went a little too far.

Bake, Esq.
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Megahurtz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:26 PM
Response to Original message
35. "Setback"??? Ha!
:spray:
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dejaboutique Donating Member (244 posts) Send PM | Profile | Ignore Tue May-31-05 12:28 PM
Response to Original message
36. enron still
enron still? didn't this happen like 4 years ago. Why are these people still being tried? I thought Arthur A. was already brought up on charges a long time ago? where is ken ley? A normal citizen commiting any of these crimes would have already been tried, convicted, and had at least 3 years of their sentence served. whatever
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:35 PM
Response to Original message
37. Will people please stop freaking out? This isn't a conspiracy
The jury instructions were inappropriate. This is pretty much a procedural ruling.
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JRob Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:47 PM
Response to Reply #37
40. whatever... a lot of expensive lawyers exploiting rules to...
to protect a lot of expensive "suits" delaying and confusing justice and the public. Not to mention the cost to the public.
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JRob Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 12:39 PM
Response to Original message
38. ...is anyone really surprised?
unite against corp domination or we loose.
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Old Vet Donating Member (618 posts) Send PM | Profile | Ignore Tue May-31-05 12:45 PM
Response to Reply #38
39. Set-Back No-
This was a victory for bush and his friends, Anderson was a big supporter of bush$$$$$
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Chicago Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 01:27 PM
Response to Original message
42. IMPEACH OUR A-MORAL, PUPPET SUPREME COURT TODAY!!
Who's with me?
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DoveTurnedHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 01:34 PM
Response to Reply #42
43. Four Justices Are Solid
And two more aren't terrible. If it was unanimous, I trust there were good reasons behind the decision.

All this hyperbole is ridiculous.

DTH
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OKthatsIT Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 01:38 PM
Response to Original message
44. MSNBC...you're full of BS
Edited on Tue May-31-05 01:39 PM by OKthatsIT
http://www.msnbc.msn.com/id/8046535 /

"The ruling is a setback for the Bush administration, which made prosecution of white-collar criminals a high priority following accounting scandals at major corporations. After Enron’s 2001 collapse, the Justice Department went after Andersen first."

YARITE.
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SusanF_CA Donating Member (63 posts) Send PM | Profile | Ignore Tue May-31-05 03:52 PM
Response to Original message
45. Enron auditor's verdict reversed
http://www.msnbc.msn.com/id/8046535 /

WASHINGTON - The Supreme Court on Tuesday overturned the conviction of the Arthur Andersen accounting firm for destroying Enron Corp.-related documents before the energy giant’s collapse.

In a unanimous opinion, justices said the former Big Five accounting firm’s June 2002 conviction was improper. It said the jury instructions at trial were too vague and broad for jurors to determine correctly whether Andersen obstructed justice.

“The jury instructions here were flawed in important respects,” Chief Justice William H. Rehnquist wrote for the court.

>>more at the link<<

This is beyond scary! The wheels have been set in motion. lay and skilling will probably be acquitted...


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redacted Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 03:52 PM
Response to Reply #45
46. If this was unanimous, there must have been good legal reasons.
However, it is very disappointing.

AAnderson is scum.
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Yellow_Dog Donating Member (158 posts) Send PM | Profile | Ignore Tue May-31-05 03:52 PM
Response to Reply #45
47. I bet dumbya
Edited on Tue May-31-05 03:03 PM by Yellow_Dog
had an orgasm when he heard that his good buddy, and cronie Lay may get a pass on this.

What a frigging crock of really foul smelling crap :wtf:

Keep in mind the the majority of the court was appointed by bush I and Reagen
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Dover Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 03:52 PM
Response to Reply #45
48. So is that a mistrial.....a do-over? Or is it simply tossed out?
Seems to me that if the jury received the wrong instructions, then they should do the trial over......not toss out the case entirely!
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Gothmog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 03:52 PM
Response to Reply #45
49. Anderson is dead
My wife was in the tax department at AA for two years and I have worked with Andersen on a number of deals. AA used to be the gold standard for accounting firms. I am glad that the conviction was overturned but sad that AA is no longer around.
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silverlib Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 03:52 PM
Response to Reply #45
50. IMO - Enron tried to make AA the scapegoat
and for a while, there was a smoke screen. I hope this decision was made in the light that AA is not a scapegoat. They are defunct, punishment enough if they destroyed any documents.
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McCamy Taylor Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 03:52 PM
Response to Reply #45
51. Did prosecutors deliberatley give bad instructions so it would be overturn
ed on appeal? Is this what they are going to do with Lay and Skilling?
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atre Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 03:52 PM
Response to Reply #51
52. Actually, the instructions don't look bad at all
Why would you need to do anything so slick when the Supreme Court is in your back pocket?

This result is contrary to my understanding of the rules of statutory construction as they apply to criminal statutes. The instructions expressly mentioned "intent," which is widely recognized to equal either "knowledge" (or in adverbial form "knowingly") OR purpose ("purposefully). However, this opinion says that the statute's use of the term "knowingly" also impliedly required "dishonesty." Additionally, the court ruled the instructions invalid because they didn't think that "intent" equated to "knowledge," which it most certainly does... Very perplexing.

Upon further reflection, I think the reporter must be mistaken about this point; there's no way the court could reach such an absurd conclusion. They probably ruled that this was a specific intent crime, and therefore certain other defenses inhered, and the wording confused the reporter.
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WeRQ4U Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 04:19 PM
Response to Original message
54. I doubt there is much conspiracy here...
Until we can read the Decision on Lexis/Nexis, I wouldn't rush to create conspiracy theories. Remember, there are some Liberal judges still on the Court. The fact that the decision was unanimous speaks volumes. There was, most likely, a glaring discrepancy.

The Court, believe it or not, makes decisions based upon the law sometimes. It's not always hotbed political bullshit. If there were due process concerns, I would HOPE that they would address them. If I were accussed of doing something, I would hope that the jury instructions they use in my trial aren't skewed one way or the other.

I agree with the other poster who opined that it was most likely "overzealous prosecutors." Happens more often than one would like. EVen with cases that seem to be slam dunks.
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sakabatou Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 06:19 PM
Response to Original message
60. Why don't we just say fraud is not a crime?
Then it'd make people a lot happier! :sarcasm:
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agincourt Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-31-05 06:32 PM
Response to Reply #60
61. Only true,
if dealing with big GOP donors. Nice to know the Supreme Court still works for them, I was worrying, because they hadn't done anything nice for a while. Yippee! White collar crime is no big thing, unless you donate to Hillary.
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