The US government just lost its case against two managers at Bear Stearn. Prosecutors tried out a new theory of criminal wrongdoing, which the jury correctly rejected.
This case originally received a great deal of attention when the prosecutors announced their indictments and released emails that purported to show that the defendants had committed deliberate fraud — a clear case of prosecutorial misconduct that has become all too prevalent. At trial, the prosecutors released the entire contents of the email messages and not just short excerpts, at which point the jury rejected the prosecutors' case. Disaggregation is all fine and good, but chopping up documents to mislead the public and pressure defendants into agreeing to a plea bargain ought to be, but unfortunately is not, grounds for throwing the prosecutors themselves into jail.
Topics: · government
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