Jonathan Weil advances the tough-Judge-Jed story, contrasting Rakoff's bold rejection of the...

|By:, SA News Editor

Jonathan Weil advances the tough-Judge-Jed story, contrasting Rakoff's bold rejection of the BofA/SEC under-the-table deal with Judge Robert Chatigny's blind rubber-stamping of a similar pact between the SEC and GE (GE) over accounting fraud in August. "Just think how much more we deserve to know about this supposed fraud. Who at the company committed it? Why hasn't the SEC sued them?"