Eugene David ...The One-Minute Pundit |
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Tuesday, January 15, 2008
Buried in Wall Street's debacle, GREAT news for free en-ter-prise:
The U.S. Supreme Court put new limits on shareholder suits against a company's banks and business partners in a ruling that may thwart efforts to recoup billions of dollars lost in frauds at Enron Corp. and HealthSouth Corp. Even better news: The case split the court along ideological lines. Justice Anthony Kennedy wrote the court's majority opinion, which Chief Justice John Roberts and Justices Samuel Alito, Antonin Scalia and Clarence Thomas joined. Who'd have thought Nine-Finger Kennedy could grow?
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