tag:blogger.com,1999:blog-8503101854307207125.post-15703466216584073802008-07-10T06:16:00.001-07:002008-07-10T06:19:13.735-07:00It should be obvious by now: The kind of people who become prosecutors are not the kind of people who can be trusted to use their discretion. <a href="http://dealbreaker.com/2008/07/info_war_the_wonderboy_strikes.php">One of the few sensible business reporters, John Carney, explains why going after rumor spreaders, even if they are right, is a waste of time</a>:<br /><blockquote>We think that this would be a terrible misuse of prosecutorial power. In<br />the first place, there's precious little evidence that the supposed market<br />manipulation even occurred. Instead of evidence there's just pure speculation.<br />"Where there's smoke, there's fire," might be a nice soundbite but its not<br />evidence. Before we unleash the hounds of war on rumor mongers, shouldn't we<br />require more than this?<br /><br />What's more, the costs of such investigations would likely be worse<br />than the alleged wrong-doing. In order to catch wrong-doers, prosecutors would<br />have to subpoena the private emails, instant messages and testimony of lots of<br />people who did no wrong at all. Each of the investigated would face huge legal<br />bills and know that their lives could be ruined by a prosecutor or a judge who<br />misreads a bad intention into an innocent email.<br /></blockquote><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8503101854307207125-1570346621658407380?l=nastybrutishandtall.com%2Fcrac.html' alt='' /></div>NastyBrutishAndTallhttp://www.blogger.com/profile/16754232646409808848noreply@blogger.com0