29 Quotes by John Coffee
- Author John Coffee
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I think the SEC had to get aboard this ship. Otherwise, they would look like they are lagging behind the parade. They have been somewhat embarrassed by being behind everyone on the issue of accounting reform.
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- Author John Coffee
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You don't dare ask for votes on certain kinds of packages. People do not ask for votes that they may not get.
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The prosecutors saw the problem they were having in Arthur Anderson and so they got Congress to pass a much simpler statute.
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The one thing we can be confident of is that the books are cooked. We don't need to know who cooked the books to know that there is deep trouble for this company ... Bankruptcy reorganization looms and that the creditors are going to start looking for deep pockets to sue.
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- Author John Coffee
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The partnership knew the firm was no longer viable so there was no reason not to roll the dice. If their survival depended on this jury they probably would have settled.
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The particular bank involved here has on prior occasions been caught in the same position as the unwitting intermediary, ... and it has been required by American courts under penalty of very large fines to identify who the inside trader was, who it acted for and that individual was criminally prosecuted.
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- Author John Coffee
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There has to be something that we don't know. To simply explain that they're doing this to avoid litigation assumes that they'd be willing to throw money down a rat hole.
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You have to show that he knowingly told a false statement, a statement that he did not believe to be true.
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A simple overhearing of information in an elevator, if that's what really happened, doesn't amount to a deceptive misappropriation.
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