Tag

criminal

What Are the Odds that the Public is Confused by Arcane Legal Standards? “More Likely Than Not”

The OJ Distinction “We believe, based on the totality of the evidence, that it is more probable than not that Brady was at least generally aware of the inappropriate activities of McNally and Jastremski.” –“Tom Brady Probably Knew Footballs Were Doctored, NFL Finds“; The New York Times (5/6/2015) “Two senior Secret Service agents were “more...
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“Pre-Pon-Der . . . What?!?”

Deciphering Legalese — er, Jargon One of the many advantages associated with being a Realtor who’s also a former corporate attorney (I am) is knowing fancy legal verbiage. I mean, “nomenclature.” And not being intimidated by it. So, all a fancy term like “preponderance of the evidence” — the standard for deciding many (civil) real...
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Yet More Calls to Punish Bankers, Not Banks

Greedy, Corrupt Executives?  Punish the Shareholders (Huh?!?) If you’re not persuaded by my case for jailing bankers instead of penalizing shareholders — again — for bankers’ greedy, corrupt behavior, The New Yorker’s James Surowiecki makes a very similar argument. Here’s an excerpt: “If you really want to punish and, perhaps more important, deter bad corporate...
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How Fining Banks Instead of Jailing Rogue Bankers Disserves Society

Needed:  Financial Nuremberg Trials “Citigroup and U.S. Reach $7 Billion Mortgage Settlement.” —headline; NYT (7/14/14). “BNP Paribas SA agreed to pay nearly $9 billion and plead guilty to crimes for violating U.S. sanctions, an unprecedented settlement that includes a year-long ban on the French bank’s ability to conduct certain U.S. dollar transactions. –“BNP Paribas Draws...
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