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

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To: SI Bob who wrote (92425)9/8/2005 9:30:59 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 122087
 
A $12 million "disgorgement" for $41k of alleged ill-gotten gains.

Deciding whether someone is guilty or innocent is all in the context of the (supposedly) applicable law. For example, if a judge tells a jury that walking even a foot outside a crosswalk constitutes jaywalking, you really have no choice but to find someone guilty if they did that. If the judge then says said person, by law, should pay a fine commensurate with the number of people that then followed his lead and walked a foot outside the line then the money owed could be considerable. In other words, the interesting part of the Elgindy case is how the judge said the law should be applied. That's what makes this case so alarming, regardless of what you might think of Tony personally.

- Jeff
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