Saturday, June 11, 2005

What Money can't buy

Latest Business News and Financial Information | Reuters.com Citibank has the most money of all the banks, apparently, putting aside 6 billion dollars for contingent liabilities was a bit of a sneeze, but they will get over it. They just had to pay out 2 billion for Enron exposure. That 2 billion was effectively stolen from their customers with their consent and was less than their exposure to Worldcom.

If Michael Jackson had that much money, he of course could not buy his way out of conviction. The jury remains out, and its little wonder with over 20 conviction decisions to wade through. It sounds like the court has handed over a huge legal assignment to the jury in a 98 page complex agenda.

Enjoy, then, these quotable quotes from New Criminologist.

I think that the one that applies in this case may be:

"A man without money need no more fear a crowd of lawyers than a crowd of pickpockets." William Wycherley, "The Plain Dealer", 1674.

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