Teresa and Joe Giudice, famous for their roles on the Real Housewives of New Jersey, have entered guilty pleas in their federal bank fraud case. Media outlets are reporting that Teresa faces 21 to 27 months and Joe is facing 37 to 46 months.
The plea agreement reached is not one with a sentence specified. In reality, the sentencing range is a suggested sentence under the guidelines; the court is free to sentence them up to the maximum of 50 years. Of course, it is highly unlikely that either Joe or Teresa would be sentenced to 50 years. My prediction is that Teresa gets probation and Joe gets two to three years.
Ed. note: Please welcome Jenny M. Brandt, who will be covering celebrities and the law. You can read her full bio at the end of this post.
Real Housewives of New Jersey table-turner Teresa Giudice was indicted with her husband for a slew of charges including mail fraud, wire fraud, bankruptcy fraud, and making false statements on a mortgage application. Giudice has filed for a separate trial from her husband, Joe. The motion, available via PACER, reveals interesting details about the alleged fraud…
* Chess match becomes eight-hour police standoff. Sure, that makes sense. [Lowering the Bar]
* A roundup of the worst courtroom jokes of all time. The decision to kick off Roe v. Wade with a sexist joke was so “meta.” [Salon]
* Order some fine wines from Barrister Winery, founded by two lawyers who bought a home wine-making kit and turned it into their business. [Barrister Winery]
* A Brooklyn ADA is not fired for calling hookers from his office phone. Charlie Hynes runs a tight ship over there. [Brooklyn Magazine]
* A new study suggests that smartphones may make you meeker. The flaw with the study is that someone with a desktop doesn’t walk away and “take the initiative” because they’re more gung ho, but because desktops are not as cool as sitting around and playing Temple Run on your smartphone. [The Careerist]
* Simon Lazarus, Senior Counsel at the Constitutional Accountability Center, says that libertarianism has taken over the Supreme Court. I won’t believe it until they hand down a ruling about returning to the gold standard. [The New Republic]
* Teresa and Joe from The Real Housewives of New Jersey “charged with conspiracy to commit mail and wire fraud, bank fraud, making false statements on loan applications and bankruptcy fraud in a 39-count indictment.” Teresa’s reaction to the news after the jump…
Ed. note: Welcome to ATL’s new column, Fame Brief. Since Kash has left the building, Marin, ATL’s other lady-in-waiting, will be picking up her celebrity beat and filling you in on the latest celebrity legal shenanigans. Before you fall over yourself to post an annoying comment about how this blog be sinking or how nobody cares about celebrities, consider that our celebrity posts are some of the most popular ones on here. So SOMEBODY out there cares about celebrities….
When I got my first credit card, my dad was afraid I’d go hog wild and buy a suit of armor, sconces, breast implants, decorative fireplace accessories, a foosball table, IVF treatments, a boat and a monstrous “Tuscan villa” McMansion in Towaco, NJ. But at least I’m making payments on these purchases, unlike Joe and Teresa Giudice of the Real Housewives of New Jersey, who filed for Chapter 7 back in October 2009….
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months, and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.