John Coffee Quotes on Government (3 Quotes)

It is essentially a substantial, but not a complete victory for the government, ... The critical factor is that the Judge finds that Mr. Jett acted with an intent to defraud.

To the extent that Lay is making a statement of opinion, the government has to show not only that that statement was false but that he knew it to be false, ... The problem with doing that is that Lay did make some significant purchases of Enron stock and held onto all of his Enron stock except for those shares he sold pursuant to margin calls.

I suspect this rush to settle the civil antitrust actions and the securities class action are the product of both an approaching deal with the government involving a plea of guilty to criminal price fixing, and also the approaching shareholders meeting.