Thursday, November 23, 2006

Being Thankful on Thanksgiving

Reflecting on who in the white collar crime world is giving thanks on this Thanksgiving Day --

1. Jamie Olis can be thankful to the Fifth Circuit panel that reversed his initial sentence of 24 years, with a special thank you to the Hon. Edith Jones who authored the opinion, an opinion that allowed him to be resentenced to six years.

2.  Andy Fastow can be thankful to the prosecutors who did not object when his defense counsel presented reasons for a lower sentence than the ten years specified in his plea agreement.

3. The KPMG 16 can be thankful that U.S. District Judge Lewis Kaplan wrote an incredible decision that calls into question some of the government's actions with respect to the Thompson Memo.

4. Eric Holder can be thankful that Larry Thompson decided to redraft his memo so that when everyone criticizes the memo they call it the Thompson Memo.

5. Kobi Alexander can be thankful that he ended up in Namibia as opposed to country that would move quickly to extradite him back to the United States.

6. Jack Abramoff can be thankful that he had a lot of friends in high places to talk about when the government came calling.

7.  U.S. District Judge Sim Lake can be thankful the Enron trial is now behind him, although the possibility of a retrial should Skilling's appeal be successful may give him a bit of dyspepsia, along with the cranberry log.

8.  The Enron Nigerian Barge Defendants can be thankful the Fifth Circuit's view of "right of honest services" fraud went their way.

9.  Law Firms with white collar practice groups can be especially thankful for the extra servings provided by the options back-dating turkey.

If readers have any thanks they would like to add, please do so in the comment section.

Happy Thanksgiving!!!  (esp & ph)

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"Criminal" appellants in the Second Circuit can be thankful that a Connecticut police chief waived sobriety testing on Judge Walker after he chopped down a (now deceased) traffic cop, thus raising probablitity that a vacancy position at Foley square brings a bit more just jurisprudence.

Posted by: Perry Masonry | Nov 24, 2006 12:34:01 AM

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