Jacob Frenkel Quotes on Government (6 Quotes)


    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.

    We have the government being very aggressive on the concept of criminal intent in jury charges. And now we have the number two example of it being overturned.

    What it really means is a shorter, more focused trial, which is better for the government. It probably takes out of the equation some of the more complex accounting issues. The defense was likely hoping to make this case seem like a complex civil financial fraud case, and without Causey, that will be more difficult.

    These cases are not a slam dunk. The biggest challenge for the government, if it wins, is to make the win stick.

    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.


    Various counsel have communicated with the government on his behalf since the allegations arose.


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