4 ex-Merrill Lynch execs' convictions overturned

[Judi Lynn]

Aug. 2, 2006, 12:41AM
4 ex-Merrill Lynch execs' convictions overturned
5th Circuit says charges in Enron scheme 'flawed'

By JOHN C. ROPER
Copyright 2006 Houston Chronicle

An appeals court has tossed out the convictions of conspiracy and wire fraud against four ex-Merrill Lynch executives who were found guilty in a 1999 scheme to improperly boost Enron's earnings.

The 5th U.S. Circuit Court of Appeals in New Orleans announced late Tuesday that the charges of fraud against former Merrill Lynch executives James Brown, William Fuhs, Daniel Bayly and Robert Furst were "flawed" and vacated their convictions.

The panel upheld, however, a conviction of perjury and obstruction of justice against Brown.

"The Justice Department is reviewing the decision and considering our options," said spokesman Bryan Sierra, declining to comment further on the blow to the first case the Enron Task Force tackled.
(snip/...)

http://chron.com/disp/story.mpl/front/4088364.html

[saigon68]

1. It's the Upper Class "Of the rich"

Policing itself

LOL </sarcasm>

[LiberalVoice]

2. Have any of them spent time in jail since 1999? nt

[xchrom]

3. highlighting the divide between

the haves -- with their influence and power -- and the have nots -- with no influence and power.

the thing that keeps these guys really safe -- is the desire by every other america to be rich themsleves -- and behave inappropriately and get away with it.

[Lasher]

4. Oh look, and it's only been 7 years.

What's the hurry?

:sarcasm: :sarcasm: :sarcasm: :sarcasm: :sarcasm: :sarcasm: :sarcasm: :sarcasm: :sarcasm: :sarcasm:

Even if these convictions had not been overturned on appeal, the Ken Lay defense was working: Delay until you die, or forever; whichever comes first.

Delay in justice is injustice. - Walter Landor

[w4rma]

5. Nothing sticks to these thieves with Repugs in power. (nt)

[jpkenny]

6. Well, you should know who controls our courts also.

There is no hope for justice in the land of the powerful elite.

[Benhurst]

7. Gosh, maybe our court system is corrupt.

[lonestarnot]

9. ya think?

[kurth]

8. Most of the federal judiciary is Republican

No surprise there.