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John Coffee quotes

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    I Like this quote I dislike this quote“It is essentially a substantial, but not a complete victory for the government, ... The critical factor is that [the Judge] finds that Mr. Jett acted with an intent to defraud.”

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    I Like this quote I dislike this quote“I would expect that both sides now are struggling to control the board. It may be that there are directors who were appointed by each side, but outside independent directors are not going to be loyal to someone if there is strong persuasive evidence that that person was involved in fraud.”

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    I Like this quote I dislike this quote“I suspect this rush to settle the civil antitrust actions and the securities class action are the product of both an approaching deal with the government involving a plea of guilty to criminal price fixing, and also the approaching shareholders meeting.”

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    I Like this quote I dislike this quote“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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    I Like this quote I dislike this quote“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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    I Like this quote I dislike this quote“I think it's safe to say they won't serve more than 10 to 12 years,”

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    I Like this quote I dislike this quote“To the extent that [Lay] is making a statement of opinion, the government has to show not only that that statement was false but that he knew it to be false,”

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    I Like this quote I dislike this quote“There were no legal rules against spinning. The only question is one of ethics. And there, the question is this: Did Goldman see him as a future dispenser of future business? There's no way to know.”

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    I Like this quote I dislike this quote“This is not a classic setting where someone gets barred for conduct as a corporate officer. Everything Martha did was in her private capacity.”

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    I Like this quote I dislike this quote“Companies are resigned to the fact that Arthur Andersen is soon to be deceased.”

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