The feds are doing an awful job of proving their case against the two Bear Sterns executives they claim misled investors. I haven’t been blogging about it, but here’s just the latest ruling going against the government. Good reminder that just because the government says a crime occurred, it ain’t necessarily so or, can be proved.
Good news for Raj and Diane. And Robert Moffat will definitely walk. He didn’t even have to do the perp walk. Word is that IBM CEO Palmisano and Obama are chummy, which means somebody got special treatment. Way to go, Bobby.