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...Enron's former accounting firm, Arthur Andersen, as well as former Wall Street trader Frank Quattrone, have successfully appealed jury instructions based on the notion of willful blindness. When Quattrone's conviction was overturned two months ago, Skilling attorney Daniel Petrocelli told TIME, "I think it's a reminder of how dangerous it is that prosecutors can overreact in putting businesses on trial." In Andersen's case, the U.S. Supreme Court voided a witness-tampering conviction of the accounting firm by ruling that the trial's jury was wrongly told it could convict the firm for shredding documents during...

Author: /time Magazine | Title: Can Lay and Skilling Win on Appeal? | 5/25/2006 | See Source »

...EDMUND WHITE His mother was a psychologist. "I must have been eight," White tells us, "when [she] gave me my first Rorschach." He survived her many attempts to analyze him, well enough to become a lyrical novelist (A Boy's Own Story) and a shrewd biographer of the French convict-litterateur Jean Genet. Life takes White through New York and Paris as well as through lovers, hustlers and the shopworn theatrics of S&M. The chapters that detail his forays into sexual abjection don't always work, but in the end, his book bears out the line he quotes from...

Author: /time Magazine | Title: 5 Memoirs That Are Worth Your Time | 5/21/2006 | See Source »

...Other recent cases bolster that view as well. The U.S. Supreme Court, in a case directly related to Enron and Quattrone, in May of 2005 voided a witness-tampering conviction of the accounting firm Arthur Andersen LLP by stating that the trial's jury was wrongly told it could convict the firm for shredding documents during the government's investigation of Enron even if Andersen employees believed they were not breaking the law. And Bernie Ebbers, former CEO of WorldCom, convicted last year on fraud charges in the financial collapse of the telecommunications company, is basing his appeal on similar...

Author: /time Magazine | Title: What Quattrone Means for Enron | 3/21/2006 | See Source »

...company executives, and now a visiting professor at the University of Texas-Austin. "They're sort of apples and oranges," argues Buell of the Quattrone and Enron cases; the Quattrone case involved blocking a grand jury investigation, while Enron concerns internal accounting fraud. Even in striking down Quattrone's conviction, he noted, the appeals court panel indicated there was enough evidence to convict if jury instructions had been proper...

Author: /time Magazine | Title: What Quattrone Means for Enron | 3/21/2006 | See Source »

...with FBI agents interrogating him before 9/11, airport security could have been beefed up to foil the hijackers. In other words, they are claiming that he should be put to death because of his inactions rather than his actions. "It?s enough of a stretch to get juries to convict people who drive getaway cars in a murder of conspiracy," says one government security lawyer not involved in the case. "But these prosecutors think Moussaoui should be put to death for not revealing a plan he never took part...

Author: /time Magazine | Title: What's Really Wrong With The Moussaoui Case | 3/16/2006 | See Source »

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