The Supreme Court threw out the conviction of the Arthur Andersen accounting firm in relation to Enron on Tuesday because the “jury instructions were too broad.”
According to the AP “The decision was a defeat for the Bush administration, which had declared prosecution of white-collar criminals a high priority following accounting scandals at major corporations.”
That’s right, kids. It’s all Dubya’s fault. No, he’s too dumb so it must’ve been the evil of Karl Rove!
I forget… is Karl Rove the Emperor to Dubya’s Darth Vader or is it the other way around?
While you’re trying to process that Star Wars analogy, check out the always lucid Homocon‘s witty take on the Supreme Court’s decision
It was ludicrous to destroy a company that employed 25,000+ because someone screwed up.
Fire and prosecute that someone, not everyone who had an outstanding career with that company.
I can just see the closing sentences of the Supreme Court’s opinion: “Golly, we in the world of jurisprudence are real sorry that Arthur Andersen’s 20,000 employees got hosed by a judge’s mistake, but hey, this is the 21st century! NOBODY really believes that ‘of/by/for the people’ crap any more! The Black Robes will decide it all for you. Just make sure your life can go on hold for two to five years while the appeals process works itself out, and hope that the judges can find you a nice Constitutional penumbra to live under.”
(/heavy_sarcasm)