Reynolds Holding is a Breakingviews editor who also writes from New York about the law. Before joining Breakingviews, he was a national editorial producer for the Law & Justice Unit at ABC News, a senior writer for Time magazine and the executive editor of Legal Affairs, the first general interest magazine about the law. He spent more than a decade as an investigative reporter and columnist for The San Francisco Chronicle, where he was named a Pulitzer Prize finalist for explanatory writing. Before becoming a journalist, he practiced corporate law at the New York firm of Debevoise & Plimpton. He graduated from Harvard College and Duke University School of Law.
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In November, the Zurich-based World Cup organizer whitewashed an internal investigation, according to the former U.S. attorney who conducted it. Swiss authorities were alerted, but FIFA largely dismissed corruption allegations. No wonder American prosecutors have gone in hard.
U.S. lawmaker Paul Ryan and colleagues claim a recent court ruling exempts them from a self-imposed ban on insider trading. That’s lame in any event, but also hypocritical: They’re mulling bills to expand constituents’ liability. They should get their own houses in order.
A U.S. appeals court has embarrassed prosecutors by tossing guilty verdicts against insider traders and an ex-Goldman programmer. Former Jefferies broker and convicted fibber Jesse Litvak argues for similar treatment. His punishment may have been harsh, but it deserves to stick.
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- No harm, no foul deserves courtroom kudos
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- Law firms follow auditors down risky rollup trail