The Backlash Cometh
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Dec-13-08 09:17 AM
Original message |
Legal definitions needed. |
|
Okay, between what's going on in Wall Street and the political world, can someone explain the differences between the following terms, and if there are any special statute of limitations that apply, and who has the legal authority to bring charges?
Fraud Conspiracy Confidence Job Breach of Fiduciary Responsibility Wilful Failure to Know Gross Negligence
|
elleng
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Dec-13-08 09:36 AM
Response to Original message |
1. Depends on jurisdiction, stte limitations etc. |
|
fraud: a: deceit , trickery ; specifically : intentional perversion of truth in order to induce another to part with something of value or to surrender a legal right
conspiracy: An agreement to perform together an illegal, wrongful, or subversive act.
Gross Negligence: An indifference to, and a blatant violation of, a legal duty with respect to the rights of others.
fiduciary: One who must act for the benefit of another party.
|
The Backlash Cometh
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Dec-13-08 09:50 AM
Response to Reply #1 |
2. Assuming that those in the know on Wall Street can claim |
|
stupidity and greed, but not any of the above, do you think we have seen enough to contradict them?
|
elleng
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Dec-13-08 09:54 AM
Response to Reply #2 |
5. 'Stupidity' and 'greed' are NOT defenses! |
The Backlash Cometh
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Dec-13-08 10:14 AM
Response to Reply #5 |
6. Well, then. Someone needs to make that very clear. |
|
Because it hasn't been made clear yet.
|
rug
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Dec-13-08 09:51 AM
Response to Original message |
3. They are synonyms for republican. |
The Backlash Cometh
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Dec-13-08 09:53 AM
Response to Reply #3 |
4. Let's not tip our hand too early. |
DU
AdBot (1000+ posts) |
Mon May 06th 2024, 06:30 PM
Response to Original message |