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Prosecutor Christopher Clark ticked off the alleged excesses: flying an actress and golf pros on company jets; and spending $6,000 to fly two Christmas trees to New York for John Rigas' daughter and $25 million to preserve trees outside his home " "You can't convict unless you are clear about how the facts show each element of each offense proven beyond a reasonable doubt," he said "In general, the more complicated task for the jury, the more the defense likes it," said Michael Proctor, a Los Angeles securities lawyer District Judge Leonard B "That's the way that these men thought it was appropriate to run a public company," Clark said "Because of the degree of the excesses, the extent to which he showered himself with luxuries and led such a lavish lifestyle, the greed factor will severely taint him in the minds of the jurors," Bebel said Bebel, a former Securities and Exchange Commission prosecutor now in private practice in Houston The lawyers attacked the two executives as ready to tell the government whatever it wanted to hear " Adelphia, still operating under bankruptcy protection, has moved its headquarters from Coudersport to Colorado It's not a new phenomenon in this country S , and turned it into one of the nation's largest cable firms, appeared to be the most vulnerable, according to legal experts who followed the case They are accused of hiding $2 million in debt from the company's investors Sand in Manhattan read final instructions on the law to the jurors on Friday before sending them home for the weekend The defense also tried to warn jurors not to be swept up in a rush to judgment against corporate executives in an age of financial scandals at companies like Enron Corp and WorldCom Inc Prosecutors effectively portrayed John Rigas as a man who "personifies greed," said Christopher J It happened 400 years ago In closing arguments, several defense lawyers played off the complexity of the case But much of the case involved testimony about arcane business practices Early in the trial, the government focused on the lavish ways the Rigas family spent the cash they allegedly stole from Adelphia His lawyer, Peter Fleming, noted in closing arguments that John Rigas is 79 years old and has been diagnosed with bladder cancer, and suggested he simply trusted company accountants and did not believe he did wrong Mark Mahoney, a lawyer for Mulcahey, told jurors that if they were confused, "It's not because you don't have a law degree "In anger and fear, people see witches that do not exist U Defense lawyers pegged some of their hopes on discrediting two key prosecution witnesses, former Adelphia executives James Brown and Karen Chrosniak, who both struck deals with prosecutors in exchange for testimony Jurors to Deliberate in Adelphia Case Jun 26, 6:22 PM EST After a three-month trial, jurors in the trial of four former Adelphia Communications Corp Adelphia founder John Rigas, 79, his two sons Timothy and Michael, and former assistant treasurer Michael Mulcahey each face 30 years in prison if convicted of the most serious charge, bank fraud Paul Grand, a lawyer for Timothy Rigas, compared the prosecution to the Salem witch trials, and Mahoney suggested it was similar to the killing of Julius Caesar Legal experts said a swift verdict was unlikely, in part because of the complex and lengthy list of charges faced by all four defendants "It really is a little bit like a witchhunt," Grand told the jury executives accused of looting the cable company are set to begin deliberations on Monday " John Rigas, who founded the company in 1952 in tiny Coudersport, Pa "It is simply a matter of more places for the jury to trip themselves up Prosecutors zeroed in on what they described as John Rigas' sizable appetite for personal luxuries â€â€? including timberland, 17 cars, and withdrawals the company limited to $1 million per month â€â€? at company expense Bill Clinton to Promote Book on CBS Jun 1, 2:09 PM EST <EM>The Associated Press</EM> Bill Clinton, memoir writer, should get better ratings for "60 Minutes" than did Bill Clinton, co-host of "Point-Counterpoint "It's a platform that serves up one of the more consistent viewerships in television," Paul Bogaards, a spokesman for Clinton's publisher, Alfred A " It was the setting for one of his most famous interviews, when in 1992 then-presidential candidate Bill Clinton acknowledged that he and his wife, Hillary Rodham Clinton, had had marital troubles Clinton will be the keynote speaker Thursday at BookExpo America, the publishing industry's annual national convention, which this year takes place in Chicago Last year, Clinton and former Sen Bogaards said he expects the speech to last about 20 minutes " Clinton, who flopped last year as a commentator for the CBS television news magazine, will discuss his upcoming book, "My Life," with newsman Dan Rather for an interview to be aired Sunday, June 20 Bob Dole hosted a revived "Point-Counterpoint, " but the segment was soon canceled because of poor ratings Don Hewitt, the founder of "60 Minutes," has said that the debates failed in part because Clinton was writing his book and didn't have time to concentrate on the show 5 million Knopf, said Tuesday "60 Minutes" has been a key forum for some of the year's biggest political books, including Richard Clarke's "Against All Enemies" and Bob Woodward's "Plan of Attack " Clinton himself has a long history with "60 Minutes "My Life" will be published June 22 with a first printing of 1 |
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