Mises Wire

I Wuz Wrong! Scrushy is Acquitted!

I Wuz Wrong!  Scrushy is Acquitted!

Last February, I predicted that Richard Scrushy would easily be convicted in his federal trial. However, today, a federal jury acquitted him of violating the evil Sarbanes-Oxley Act. From what I can tell, it seems to be a case of jury nullification.

Scrushy was popular in the black community of Birmingham, Alabama, and about half the jury was black. However, I am always glad to see U.S. attorneys lose their cases, especially since they win more than 97 percent of them, most people being forced to plead guilty. In a better world, there would not be a vast federal criminal system.

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