The Center for Justice &
Democracy did a lot of work last summer on the U.S. Supreme Court's
consideration of the Stoneridge case and its potential impact
on Enron victims. (For example, here and here) Well, as many thought
might happen, this radically pro-business court decided to throw these
victims under the bus. Here is the New York Times Magazine's
take on how we're all being thrown under the bus. And here's
CJ&D Executive Director, Joanne Doroshow's take, called, "A Return
to Gordon Gekko Justice":
Twenty years after Oliver Stone's "Wall Street" used the character of Gordon Gekko to show how that era's sleazy financial insiders manipulated the market and defrauded working people out of their retirements, among other crimes, the Supreme Court has given immunity to today's real-life Gordon Gekkos — the Enron investment bankers and other Wall Street fraudsters.
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