Jed S. Rakoff Quotes

#1. I admired Truman, among many other things, because he integrated the Army. I admired JFK because the very first civil rights legislation was passed at his insistence. JFK showed what you could do, though he was a deeply flawed person, as we all now know.

Jed S. Rakoff

#2. I think it's common sense to say that the longer away from a crime it gets prosecuted, the less deterrent effect there is.

Jed S. Rakoff

#3. Companies do not commit crimes; only their agents do. And while a company might get the benefit of some such crimes, prosecuting the company would inevitably punish, directly or indirectly, the many employees and shareholders who were totally innocent.

Jed S. Rakoff

#4. Why should the court impose a judgment in a case in which the SEC alleges a serious securities fraud, but the defendant neither admits nor denies wrongdoing?

Jed S. Rakoff

#5. Once I really got into securities fraud prosecutions, I came to realize how central they were to the maintenance of a free market and how, in many ways, they are far more important to the welfare of our society than many of the more sensational criminal cases that one hears about.

Jed S. Rakoff

#6. In baseball you have individual responsibility, and if you fail it, you get an error. But at the same time, your focus is on the common goal of the team to win. This is part of what resonates with people about baseball. This is how they would like society to work.

Jed S. Rakoff

#7. One of the many things I like about baseball is how it combines individual talent and teamsmanship.

Jed S. Rakoff

#8. The price of being a nice guy is too high - much too high - in terms of the system of justice.

Jed S. Rakoff

#9. I have huge respect for Preet Bharara, a great U.S. Attorney by any measure. But even great men can make mistakes.

Jed S. Rakoff

#10. Everything needs to be public. The legitimacy of the courts comes from the fact that they reason openly, on the record, based on facts.

Jed S. Rakoff

#11. When I was a kid, and for many years after, I was your classic afraid-to-dance-type person.

Jed S. Rakoff

#12. I don't have any respect for judges who arrive at the result first, and then try to figure out some way they can bend the law to reach their particular predilections.

Jed S. Rakoff

#13. I was always attracted to taking a novel position, but one grounded in the materials I'd been given, not made up out of whole cloth.

Jed S. Rakoff

#14. If crimes are committed, they are committed by people; they are not committed by some free-floating entity. These companies and other entities don't operate on automatic pilot. There are individuals that make decisions - and some make the right decisions, and some make the wrong decisions.

Jed S. Rakoff

#15. Judges have to be neutral, but they don't have to be eunuchs.

Jed S. Rakoff

#16. I have a past of making a fool of myself.

Jed S. Rakoff

#17. If you prosecute a CEO or other senior executive and send him or her to jail for committing a crime, the deterrent effect in my view vastly outweighs even the best compliance program you can put in place.

Jed S. Rakoff

#18. It's very hard to uphold individual liberty when the person you're representing is often a crook.

Jed S. Rakoff

#19. If, in the name of combating terrorism, we so restrict our own freedom, have we not thereby lost part of the very battle we seek to win?

Jed S. Rakoff