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Politics : Ask Michael Burke

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To: accountclosed who wrote (36585)11/17/1998 4:35:00 PM
From: Ilaine  Read Replies (3) of 132070
 
>>>>>if Rico applied to all conspiracies, wouldn't we have Rico offenses for bank robberies, etc.<<<<<

Yup. Well, kinda. At least two predicate acts are required to establish a pattern. Pick one from column A (say, bank robbery) and one from column B (say, money laundering, or stealing firearms). Any two persons are enough. A corporation is a person. However, because a corporation acts through its employees, I suspect that Milken did not conspire with Drexel, but Boesky did?

>>>>>I am aware that it is not only for Organized Crime, but it was intended to be a strong club.<<<<<

True, but securities fraud is serious stuff. Why don't you think Milken did anything?

CB
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