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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: rrufff who wrote (90019)1/27/2005 4:09:16 PM
From: Janice Shell  Read Replies (1) of 122087
 
If a lawyer friend of yours hands you a draft of a merger contract and asks you to give him an opinion on it, would you then trade on the information?

No, I wouldn't. But an attorney working for a company is quite different from an FBI agent. I think anyone would work on the assumption that the agent knows the law, and knews what he's allowed to tell you.

A jury is much more sympathetic. Extortion is easy to understand. A judge would have harder to convince that some type of "good deed" was intended in this scheme. You're way off here.

Not necessarily. Royer and Elgindy were co-defendants. That alone may have made a negative impression on the jury from Day One. And then there's the terrorism stuff. The jury was told to ignore it, but did they really? Did it affect their judgment, even though they probably didn't discuss it? A judge would have been able to ignore it.

And here's a point we haven't yet discussed: as we all know, many people on the message boards think shortselling is somehow "wrong", "bad", and even "un-American". How did the jurors feel about it. Did it influence them in any way?
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