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Saturday, April 06, 2013 12:20:55 AM
Also, please note that Mr. Healy was obviously falling on his sword in front of the court in his use of this language:
"It is totally the fault of the Commission, not Mr. Bordynuik, that the five year limitation was not contained in the proposed Final Judgment submitted to the Court and, as a result, in the Final Judgment entered by the Court."
While that may be true, it was the judge's hand that applied his signature to the flawed judgment, not Healey's.
Since you can't blame JBI, you blame the judge? Is that what you are doing?
I don't see the judgment as flawed. I see it as ambiguous, and I see the SEC stepping in to clarify the ambiguity in its own filing.
I have no hard feelings toward Mr. Healey, mind you, as imperfect filings sometimes happen. But I do take issue to the extent you are blaming Judge Wolf. He has a very good reputation as being very detailed, and I believe he is one of the biggest "thinking" judges out there. He may make some controversial decisions, and I can't say I agree with all of them, but I know that he puts true thought and attention into every case he gets.
To blame Judge Wolf for a minor ambiguity in settlement documents filed by the SEC is absurd.
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