It is hard to see how the bribing of London police for stories rises to the level of a legitimate FCPA case, which is supposed to involve the bribing of a government official in order to retain business.
Like a good mark, you reflexively point to welfare reform under Bill Clinton as a case study of a supposed left-right symbiosis, rather than, say, the cowardly and opportunistic Defence of Marriage Act.
Maybe the government was concerned that putting on a medical causation case for each supposed victim might weaken their case, and risk an acquittal.
Instead of handing the lucrative work to the first law firm that filed a case, judges were supposed to appoint the combination of plaintiff and law firm that best represented the interests of the class.
The cash piles were at first supposed to provide a safety net in case of another financial disaster.
Are we supposed to believe a 15% profit haircut is a worst-case scenario?
And you could make a case that it would be illegal: the ECB is not supposed to provide aid to any eurozone government and writing down debt could be called that.
He is supposed to be a more than useful batsman and has made a very good case for remaining in the team for the Champions Trophy.
Perhaps this is why most people seem to intuitively understand the SEC's case, unlike supposed experts like Mr. Buffett and others with a vested interest in seeing the SEC fail.
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For most people, especially those of us who followed the case closely, the high court hearing was supposed to be just a formality -- they would confirm the acquittal and we could all go home and put the case to rest.
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But perhaps more germanely, the UK's economic malaise shows no signs of being fixed any time soon by the supposed experts in the Bank of England or Treasury, so there may be a case for looking elsewhere for wisdom - and it is no longer eccentric to argue that what went wrong in the financial system was as much ethical as technical.
While it's reasonable to expect a stock to move up after a deal is announced, it is supposed to be the seller's stock (in this case the NYSE), and not the buyer's, that makes the move.
"We hear, in a state that is supposed to be a proper democracy, that journalists are cooperating with the authorities without the high court ruling that the case is a certain and imminent danger to the security of the state, " said Israeli Parliament member Zahava Gal-On, leader of the Meretz Party.
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