Sunday, July 23, 2006

Will the Government Retry Quattrone

The case often cited for a prosecution that emanates from an email, is the failed prosecution of Frank Quattrone.  The first time the jury hung; the second time the court reversed the conviction; and now Quattrone stands again before the court for perhaps a third trial.  According to the Wall Street Jrl here, it sounds like the prosecution and defense are talking, and hopefully they will reach a resolution acceptable to both sides.  Clearly the cost of attorney fees to Qauttrone, of two prior trials and now preparation for a third, should be an enormous deterrence irrespective of whether he engaged or not in illegal conduct.  And this is not to mention the cost to taxpayers for two prior trials and now possibly a third (could the money be better spent in fixing up the electrical problems for people in parts of Queens, N.Y.-even if it is a different juridictional base)? For Commentary on the what should happen now, see here.


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