Jacob Frenkel
Jacob Frenkel
Jacob Aharon Frenkelis an Israeli economist and the Chairman of JPMorgan Chase International. He served as Governor of the Bank of Israel between 1991 and 2000...
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The city of Houston is littered with the victims of Enron. The biggest challenge may be finding 12 jurors who can be fair.
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Sometimes it takes the filing of an indictment to induce a plea and cooperation.
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It changes the face of the trial for the prosecutors and the defense.
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There may be information in there that would be helpful to Mr. Greenberg in support of his position that others were responsible. The report will likely have information they need to prepare their defense.
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For a CEO to be told when to get up, when to eat, where to stand and what to wear, this is a significant punishment,
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It's more likely that you can lose a case in jury selection than win the case.
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This case is a non-starter that has political appeal,
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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.
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I believe firmly there is still room based on the interests of all the parties to find some common ground before the first juror sets foot in the courtroom.
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Any time there is a transfer of assets and there is a cloud over the assets, any transfer is at risk of being undone.
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Judges normally show greater sympathy for people of advanced years and deteriorating health,
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While it's hard to compare-and-contrast (the two trials), there's no question that prosecutors tried a more streamlined case this time.
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Various counsel have communicated with the government on his behalf since the allegations arose.
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The government's prosecutions of corporate fraud will be judged based on the verdict in this case. If there is an acquittal, the government's corporate fraud prosecutions will be deemed at best a modest success. To the extent the government is being tested, this is the final exam.