Tuesday, July 23, 2002

To all you idiots beating the Robert Rubin drum



HA HA HA

Mr. Mucilage says this:


* To knowingly and willfully falsify, conceal or cover up by any trick, scheme or device any material fact.


* To make any materially false, fictitious, or fraudulent statement or representation.


* To make or use any false writing or document knowing the same to contain any materially false, fictitious or fraudulent statement or entry.


Punishment for a violation may include fines and imprisonment for up to five years.


The False Statements Act applies to every matter within the jurisdiction of every executive, legislative and judicial agency of the U.S. government.


So the False Statements Act probably applied to Robert Rubin's bizarre and notorious telephone call to Peter Fisher, in which Mr. Rubin reportedly asked Mr. Fisher to pressure the bond rating agencies to delay the then-expected downgrade of Enron debt. It applies to any statements Mr. Rubin has made regarding his knowledge of Enron to federal bank regulators or to the Securities and Exchange Commission or to Congress




Can anyone explain how even in our quality-less pal's most extreme late night fantasies what he saysRubin did even comes close to meeting any of the 3 definitions he lays out?

But, in any case, it sounds like an EXCELLENT basis for prosecuting just about everybody involved in the energy trading business who communicated with FERC during 2001.

UPDATE: haha, Musil says I'm "hostile to business." Admittedly "just about everyone involved" was of course deliberate hyperbole, but it's clear where Musil's priorities are - still chasing the Tubesteak Messiah in any way he can - and where mine are - prosecuting some actual criminals, and not just some guy who made a phone call which neither knowingly and willfully falsify, concealed or covered up by any trick, scheme or device any material fact, nor made any materially false, fictitious, or fraudulent statement or representation nor made or use any false writing or document knowing the same to contain any materially false, fictitious or fraudulent statement or entry.