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Supreme Court Says Destroying Evidence is OK...

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posted on May, 31 2005 @ 05:43 PM
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Wow I guess it is ok to destroy evidence after all. Welcome to last chapter in the Enron Saga, Ken Lay scapegoats off to jail, Cheney/Bush walk free and deny ever knowing the man, adn the Supreme Court says its ok to destroy evidence of wrong doing.


s ource

Supreme Court Overturns Arthur Andersen Conviction
The Associated Press

Tuesday 31 May 2005

Washington - The Supreme Court on Tuesday overturned the conviction of the Arthur Andersen accounting firm for destroying Enron Corp.-related documents before the energy giant's collapse.

In a unanimous opinion, justices said the former Big Five accounting firm's June 2002 conviction was improper. It said the jury instructions at trial were too vague and broad for jurors to determine correctly whether Andersen obstructed justice.

"The jury instructions here were flawed in important respects," Chief Justice William H. Rehnquist wrote for the court.

The ruling is a setback for the Bush administration, which made prosecution of white-collar criminals a high priority following accounting scandals at major corporations. After Enron's 2001 collapse, the Justice Department went after Andersen first.

Enron crashed in December 2001, putting more than 5,000 employees out of work, just six weeks after the energy company revealed massive losses and writedowns.

Subsequently, as the Securities and Exchange Commission began looking into Enron's convoluted finances, Andersen put in practice a policy calling for destroying unneeded documentation.

Government attorneys argued that Andersen should be held responsible for instructing its employees to "undertake an unprecedented campaign of document destruction."

//ed very long link//

[edit on 31-5-2005 by DontTreadOnMe]




posted on May, 31 2005 @ 08:07 PM
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"The jury instructions here were flawed in important respects," Chief Justice William H. Rehnquist wrote for the court.

The ruling is a setback for the Bush administration, which made prosecution of white-collar criminals a high priority following accounting scandals at major corporations. After Enron's 2001 collapse, the Justice Department went after Andersen first.


Right.
Because white collar crime makes GOP fundraisers cry like the baby Jesus does when women enjoy sex.



posted on Jun, 1 2005 @ 12:14 AM
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Coingate... lol I had nearly forgotten, you should link that to this thread...
www.abovetopsecret.com...
Great post, you know you did your homework when the right wingers don't herd into your thread naysaying right off the bat.



 
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