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Pastimes : THE SLIGHTLY MODERATED BOXING RING -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (17879)7/19/2002 1:30:10 PM
From: jlallen  Read Replies (1) | Respond to of 21057
 
Totally off base.

An investigation determines if there is probable cause to make an indictment. if the investigaiton turns up some evidence which would lead a prosecutor to determine a law was violated and he could get a conviction the proceeding moves into an adjudicatory phase.

There is nothing "up in the air" in this matter. There was NO evidence of any worngdoing. The market data did not support the charge. The investigation ended and the adjudicatory phase never began because there was no probable cause to move forward.

The man is innocent until proven guilty. In this case the case was so weak, the case never even moved beyond the investigation. The only people who see any "gray" in this matter are those who want to.

JLA



To: Lane3 who wrote (17879)7/19/2002 2:22:57 PM
From: Bill  Read Replies (1) | Respond to of 21057
 
<< The investigation that was done was suitable for the purpose at the time, which was to see if the matter was worth pursuing legally. It wasn't. Had the purpose been to determine guilt or innocence, the investigation would have been different >>

Notwithstanding your mischaracterization of what I think about the SEC investigation, the above is as nonsensical a statement as I've seen on the matter. It rivals Rogers's bird poop analogy for mental lethargy.


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