The hammer over the co-operator's head is the importance of the prosecutor giving full credit for the co-operation at the time of sentencing.
More Quotes from Jacob Frenkel:
Now anyone who wants to know what trial court judges in New York state are doing when confronted with conviction in a high-profile corporate fraud case, the answer is imposing a significant sentence.Jacob Frenkel
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.
Jacob Frenkel
What it means is they have locked down a key cooperator who can, at a minimum, disprove what has been a publicly articulated key element of her defense, that being the stop-loss order.
Jacob Frenkel
In the last two years, the government has painstakingly climbed ladders, gotten different people along the way to plead guilty in order to go after someone at the higher rung. We're now at the top of the ladder.
Jacob Frenkel
Any time there is a transfer of assets and there is a cloud over the assets, any transfer is at risk of being undone.
Jacob Frenkel
I've been rather skeptical based on how long it has taken and the nature of the charges that have been brought to date against Enron officials whether they would ever get to Ken Lay,
Jacob Frenkel
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