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Is The Government Bleeding Chiesi Into Submission?
Jul 28, 2010
The WSJ is reporting that Danielle Chiesi seeks to have the courts suppress certain statements that she made to FBI agents on the morning of her arrest, on the grounds that she was not informed of her rights. The Journal also reports that Chiesi is “running low on funds to finance her defense,” which of course is one of the government’s favorite ways of pressuring targets to capitulate. In the KPMG tax case and in the Jamie Olis case, prosecutors pressured former employers to violate their legal obligation to provide defendants with the funds they needed for defense. (Wall Street Journal “Chiesi, U.S. May End Spat on Arrest,” by Susan Pulliam and Chad Bray). In other Galleon news, Bloomberg’s David Glovin reports that “Raj Rajaratnam’s attorney said prosecutors misled the judges who authorized secret wiretaps that formed the basis of a federal insider-trading probe.” The Galleon case represents the first time the government used wiretaps on an insider-trading prosecution, thus elevating the atmosphere of criminality around a practice that (in most circumstances) should not be criminal at all.