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Monday Message Board

John Quiggin1 Comment

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.

One thought on “Monday Message Board”

  1. Ecitsuj.

    Trump’s Laywer, Sullivan & Cromwell,
    Profit per equity partner $6.7 million (2025)[3]
    https://en.wikipedia.org/wiki/Sullivan_%26_Cromwell

    “US judge drops bribery and fraud case against Indian billionaire Gautam Adani
    11 August 2026
    …
    “The request came after Adani hired a new legal team led by Robert J Giuffra Jr, co-chair of the US law firm Sullivan & Cromwell and a personal lawyer to President Donald Trump. Giuffra had reportedly met Justice Department officials earlier this year to raise concerns about the case.
    Judge Garaufis initially resisted the government’s request. In June, he said its explanation for abandoning the prosecution was insufficient and ordered officials to provide more information.
    He also questioned whether Adani’s pledge to invest $10bn (£7.5bn) in the US and create 15,000 jobs had played a role in the decision.
    Adani had announced the investment in November 2024, in a post congratulating Donald Trumpon his election victory. There were later reports that Adani’s lawyers had raised the investment during discussions with the Justice Department about the case.
    Adani’s lawyers said the investment was never offered in exchange for dropping the charges.
    Judge Garaufis ultimately concluded that it had not influenced the Justice Department’s decision.
    But he said the public could draw its own conclusions about how such discussions might affect perceptions of equal justice and the rule of law.
    The judge also found that McCotter’s decision appeared to have been made without meaningful input from the prosecutors who brought the case or investigators at the FBI and Securities and Exchange Commission.
    “The irregularities in the decision to dismiss the indictment are concerning,” Garaufis wrote.
    The charges against Adani were dismissed with prejudice, meaning they cannot be brought again.
    …
    https://www.bbc.com/news/articles/clyqxknpp26o

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