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.
More Quotes from John Coffee:
I think the SEC had to get aboard this ship. Otherwise, they would look like they are lagging behind the parade. They have been somewhat embarrassed by being behind everyone on the issue of accounting reform.John Coffee
In a Republican administration, (the SEC) would be extremely embarrassed if there were questions whether they delayed giving authority to the staff to conduct (a formal) investigation.
John Coffee
This means that they can win some of these cases, but they can also lose some, ... But there will be thousands of them the plaintiffs' bar will be willing to try.
John Coffee
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.
John Coffee
This is not a classic setting where someone gets barred for conduct as a corporate officer. Everything Martha did was in her private capacity.
John Coffee
A simple overhearing of information in an elevator, if that's what really happened, doesn't amount to a deceptive misappropriation.
John Coffee
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