Tuesday, September 14, 2004

A Non-Sequitur I've Noticed in the Business Pages

A lot of people who don't like Sarbanes-Oxley and Eliot Spitzer and Ken Salazar have been saying that sending the Frank Quattrones of the world to jail only creates a culture of secrecy in which all documents are shredded, emails deleted, and potential whistle-blowers bribed -- as if: 1) That was a reason not to prosecute (in order to preserve evidence for future non-prosecutions?); 2) There's nothing you can do about that situation. Here's a response to the second.
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Judge Fines Samsung $566,838 for Destroying E-mails in Patent Case

Citing "breathtaking and absolute spoliation" that, at the least,
comprised "extremely reckless behavior," U.S. Magistrate Judge Ronald
Hedges imposed $566,838 in sanctions against Samsung Electronics Co. and
related entities for destroying e-mails in a patent infringement case. In
the suit, Mosaid Technologies, an Ottawa-based semiconductor company,
alleges that Samsung infringed its patents for dynamic random access
memory, or DRAM, chips.

(Source: law.com)
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