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Bon mots

"You can observe a lot just by watching." Yogi Berra

"We do not distain to borrow wit or wisdom from any man who is capable of lending us either." Henry Fielding, Tom Jones

"In our complex society the accountant's certificate and the lawyer's opinion can be instruments for inflicting pecuniary loss more potent than the chisel or the crowbar." United States v. Benjamin, 328 F.2d 854, 862 (2d Cir. 1964)

ALJ Granted Additional 30 Days to Render Initial Decision

Theodore W. Urban, Exchange Act Rel. 62630, August 3, 2010

The Commission granted the Chief ALJ's motion for a 30 day extension to file an initial decision due to the size of the record (3,000 pages of hearing transcripts) and complexity of the issues. There were thirteen trial days held in March 2010. Originally the Commission had set a deadline for a decision by the trial judge of 300 days from service of the charging order.