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Jacob Frenkel Quotes
«This is not somebody who made some inadvertent false statement, ... This is a case where a jury convicted a CEO for lying to two different government agencies. That's a big deal.»
Author: Jacob Frenkel
«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,»
Author: Jacob Frenkel
«The hammer over the co-operator's head is the importance of the prosecutor giving full credit for the co-operation at the time of sentencing.»
Author: Jacob Frenkel
«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.»
Author: Jacob Frenkel
«What it means is they have locked down a key cooperator who can, at a minimum, disprove what has been a publicly articulated key element of her defense, that being the stop-loss order.»
Author: Jacob Frenkel
«I've been rather skeptical based on how long it has taken and the nature of the charges that have been brought to date [against Enron officials] whether they would ever get to Ken Lay.»
Author: Jacob Frenkel
«It changes the face of the trial for the prosecutors and the defense. They had to have some contingency plan for trial preparations for a case without Causey. Now they just put that plan in place.»
Author: Jacob Frenkel
«They had to have some contingency plan for trial preparations for a case without Causey. Now they just put that plan in place.»
Author: Jacob Frenkel
«What it really means is a shorter, more focused trial, which is better for the government. It probably takes out of the equation some of the more complex accounting issues. The defense was likely hoping to make this case seem like a complex civil financial fraud case, and without Causey, that will be more difficult.»
Author: Jacob Frenkel
«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.»
Author: Jacob Frenkel