• Contact now
Newsletter
The Daily Voice News
Advertisement
  • Auto
  • Business
  • Education
  • Finance
  • Health
  • Home
  • Law
  • Shopping
  • Tech
  • Travel
  • Sports
No Result
View All Result
  • Auto
  • Business
  • Education
  • Finance
  • Health
  • Home
  • Law
  • Shopping
  • Tech
  • Travel
  • Sports
No Result
View All Result
The Daily Voice News
No Result
View All Result

Criminal Law and also the Collapse of Among the World’s Largest Investment Banks

Claire Jesse by Claire Jesse
May 12, 2019
in Law
0
Criminal Law and also the Collapse of Among the World’s Largest Investment Banks

One must ask when will it are more expensive to trap the crooks than worth towards the public. Following the collapse of Lehman Siblings, the shot which was heard across the world and signaled the real extent from the global financial trouble and fiasco investors, governments, and citizens all over the world required solutions. You may already know Lehman Siblings filed personal bankruptcy with no bailout they needed, and so the investigations and also the digging into all of their accounting commenced.

The government bodies wanted to get at the foot of everything, the SEC was billed with working out wherever the money went, and just what happened. There is a fascinating article about this subject within the Wall Street Journal on November 24, 2010 entitled “Lehman charges hit $1 billion and counting” by Liz Moyer. The content claims that “Lawyers, consultants, along with other advisors still unwinding the securities firm’s operations have finally been compensated as many as $1.02 billion, based on an SEC securities filing.”

Are you able to think of the outrage that in personal bankruptcy the organization spent $1 billion that may have compensated to the investors and Lehman creditors? Rather that cash visited lawyers and lawyers, consultants and advisors – gee whiz, I’d sure enjoy being an consultant to assist discover where the money went. And one must inquire if we believe the lawyers, consultants, and advisors mind in which the money went, in the end they are getting what remains, for me this really is simply an abomination.

Sooner or later, one must ask why haven’t they caught the culprits who clearly had violated some criminal laws and regulations by creating phony companies, and hiding their losses similarly to Enron before its collapse. Whether it takes $1 billion to solve this whole mess to discover who did what, then which means it might cost huge and large number of monies in the court to prosecute individuals that think might have been responsible.

Further, whether it takes this many consultants, and lawyers to find everything out, how possibly is really a jury likely to recognize all the links between all of the players, and documents to obtain a conviction. It seems we have trouble with our criminal justice system, which is a situation study for criminal law students that’ll be studied for our children and grandchildren. One must also inquire if the SEC and the us government do the best factor within this matter.

Indeed, I suppose we’ll have to wait until a magazine arrives where they describe everything, but I am sure it will likely be a minimum of 1000 pages, and I am not really confident that I’d comprehend it basically browse the whole factor, or whether or not the author who writes it’ll understand where the money went, the way the money was hidden, or what really happened at Lehman Siblings. Indeed additionally, it causes us to be question what’s happening at the other large investment banking firms, what exactly are they as much as, and just what did they are doing wrong? Please consider all of this.

Previous Post

The Fundamentals of Criminal Law

Next Post

Rewards and Discounts That Personal Health Funds Can Offer

Related Posts

What Are Your Rights Against a Sexual Assault Case in Houston?

What Are Your Rights Against a Sexual Assault Case in Houston?

by Claire Jesse
December 18, 2020
0

If you are a victim of sexual abuse, which can happen out of the blue despite being vigilant, you need...

Who is Liable for My Slip and Fall Accident?

Who is Liable for My Slip and Fall Accident?

by Claire Jesse
April 7, 2020
0

Slip and fall accidents are perhaps one of the most frustrating incidents for someone to experience. One moment you’re walking...

How Much Can I Settle for After My Truck Accident?

How Much Can I Settle for After My Truck Accident?

by Claire Jesse
April 4, 2020
0

Trucking accidents are some of the most lethal accidents any driver can experience. Because of the power and force with...

Do I Need To Go To Court For My Car Accident Claim?

Do I Need To Go To Court For My Car Accident Claim?

by Claire Jesse
April 3, 2020
0

If you have been in a car accident, the chances are that you have already spoken with your insurance company...

Can I File a Claim for a Concussion?

Can I File a Claim for a Concussion?

by Claire Jesse
April 3, 2020
0

Concussions are one of the most common injuries to result from a car accident, regardless of the severity of the...

Load More
Fighting Climate Change: When Will Renewable Energy Take Over

Fighting Climate Change: When Will Renewable Energy Take Over

April 8, 2021
Living to the Fullest: Reaching Your Goals and Winning at Life

Living to the Fullest: Reaching Your Goals and Winning at Life

April 8, 2021
4 Ways to Keep Your Bones Strong and Healthy

4 Ways to Keep Your Bones Strong and Healthy

April 7, 2021

Recent Posts

  • Fighting Climate Change: When Will Renewable Energy Take Over April 8, 2021
  • Living to the Fullest: Reaching Your Goals and Winning at Life April 8, 2021
  • 4 Ways to Keep Your Bones Strong and Healthy April 7, 2021
  • Which Should You Choose: SIP or Lump Sum Mode? April 7, 2021
  • Homeowners Guide To Slab Leaks, Causes, Signs, Dangers, and Repair April 2, 2021
  • Why Buying Health Products Online Is an Intelligent Option March 30, 2021
  • Trying sweets from all over the world, one of the most original ideas in webcam jobs! March 26, 2021
  • Beneficial Effects of a Full Body Massage March 25, 2021
  • What To Know About Zip Line Trips March 20, 2021

2021

  • – April (5)
    • Fighting Climate Change: When Will Renewable Energy Take Over
    • Living to the Fullest: Reaching Your Goals and Winning at Life
    • 4 Ways to Keep Your Bones Strong and Healthy
    • Which Should You Choose: SIP or Lump Sum Mode?
    • Homeowners Guide To Slab Leaks, Causes, Signs, Dangers, and Repair
  • + March (14)
  • + February (6)
  • + January (16)

2020

  • + December (14)
  • + November (17)
  • + October (16)
  • + September (5)
  • + August (8)
  • + July (5)
  • + June (7)
  • + May (5)
  • + April (16)
  • + March (11)
  • + February (7)
  • + January (5)

2019

  • + December (2)
  • + November (1)
  • + October (2)
  • + September (1)
  • + August (1)
  • + July (7)
  • + June (8)
  • + May (13)
  • + April (11)
  • + March (5)
  • + February (2)
  • Contact now

Copyright © 2019 The Daily Voice News. All Rights Reserved.

No Result
View All Result
  • #924 (no title)
  • Contact now
  • FAQ

Copyright © 2019 The Daily Voice News. All Rights Reserved.