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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (78872)6/27/2010 9:04:16 AM
From: Dale Baker  Respond to of 149317
 
The notion that a federal judge should regularly buy and sell securities in an industry where he frequently hears cases is absolutely absurd, and a mockery of every conflict of interest statue ever written.

If he was subject to an Inspector General, his chain would have been severely yanked long ago. One can only hope that whatever body reviews the conduct of federal judges finally steps up and fills him in on modern ethics rules.



To: ChinuSFO who wrote (78872)6/27/2010 3:48:02 PM
From: Neil H  Respond to of 149317
 
If he just sold his stocks, then back to my original statement. He should not have ruled in the case. I will say though that I doubt his $15K worth of Exxon stock would have made or broke him regardless of what it did. ALso the freeze most likely would not have done squat to Exxon stock. But the principle stands - judges should avoid ruling in any case where there is a conflict of interest.

Neil


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