Ex-Broker Sihpol Is Acquitted on 29 Counts

[Newsjock]

http://www.cbsnews.com/stories/2005/06/09/ap/business/mainD8AK87QG0.shtml

(AP) Former Bank of America broker Theodore C. Sihpol III was acquitted Thursday of 29 counts, including a top charge of grand larceny, at a trial related to after-hours mutual funds trading.

State Supreme Court Justice James Yates declared a mistrial on four deadlocked counts: first-degree scheme to defraud, violation of the state's general business law (the Martin Act), and two counts of falsifying business records in the first degree.

The judge read into the record a note that said one juror "has resisted all our appeals to reason and evidence," had "withdrawn from deliberations" and had refused to discuss the case further.

The state attorney general had claimed that Sihpol helped the hedge fund Canary Capital Partners profit by the illegal late trading of mutual fund shares. Canary invests and manages the money of the Stern family, former owners of the Hartz Mountain Industries pet products company.

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[fasttense]

1. The juror was probably bought off by Sihpol. Justice in action.n/t

[acmejack]

2. I would be willing to bet that he was!

They have buying jurors down to an artform. The best justice that you can afford.

[Robert Oak]

3. question

Is this the guy who became an evangelical minister pandering
to the jury about his Christian beliefs?

This is just unbelievable. They should make it mandatory on jury
selection that the jurors have at least a BS degree or some sort
of method so they can follow the money.

It's clear there is a problem and in this case, potentially
one idiot juror at minimum.

It's also pretty clear in America if you have connections plus
do all of your crime via spreadsheets, absolutely nothing bad
is going to happen to you.

Even if you're caught the fine is just a little kickback and you still
walk away with millions.

[Benhurst]

4. "Justice" in BushAmerica is a joke. We can only hope

Clarence Thomas will restore balance to the system when he is confirmed as Chief Justice. :sarcasm: