With respect to the insider trading cases brought by the U.S. Attorney for the Southern District of New York, Preet Bharara, against Todd Newman and Anthony Chiasson (and Michael Steinberg and who knows who else, too), the ones that a panel of federal judges on the Second Circuit described as displaying a "doctrinal novelty" for being "increasingly targeted at remote tippees many levels removed from corporate insiders":
1. Is there a faculty member at any of the top law schools — Yale, Harvard, Stanford, Columbia, NYU, the University of Chicago — who raised questions about the constitutionality or fundamental justice of these prosecutions? If not, what does that say about these institutions?
2. Were there journalists at any of the elite newspapers or magazines who raised questions about these prosecutions? (FutureOfCapitalism.com covered the Michael Steinberg case and Mr. Bharara's overreach here and here and here.) If there was no major press outlet that consistently sounded the alarm against this prosecutorial overreach, what does that say about those institutions?