correct, but definitely partial

Reader comment on: Leon Cooperman on His SEC Case

Submitted by John Gillis (United States), May 23, 2018 17:50

Mr. Cooperman's suggestion is probably a good one, but I have two caveats:
1. That if the government can be damaged by a negative verdict (having to pay costs, etc.) this might result in some judges being reluctant to acquit.
2. The mention of "regulatory tribunal" is exactly one source of the basic problem. There should be no such thing as regulatory tribunals. There should only be courts. In "tribunals" such as he mentions, the stats are truly bad -- in many of the agencies, the fake judges (employed by the prosecutors) generally decide over 90% of their cases against the defendant. So, only a small group would get any money from the govt, and given point 1 above, the percentage would probably be even smaller if the govt. can really lose (money).

Note: Comments are moderated by the editor and are subject to editing.

Comment on this item