The American criminal justice system has a number of peculiarities that make it unique throughout the world. One of those things is the number of people that the United States incarcerates each year. America has just 5 percent of the world’s total population, but it has over 25 percent of all incarcerated people on the planet. There are many reasons for this outsized incarceration rate, but one of them is the plea bargain.
The plea bargain originated as a way to reduce the massive case loads that were clogging up the United States’ judicial system. Today, over 90 percent of all criminal cases are decided by plea bargain. Without this important tool, which allows judges and prosecutors to efficiently handle the extremely large numbers of cases that come through the U.S. criminal justice system, the system itself would quickly become bogged down with an incredible number of criminal cases, leading to total gridlock of the judicial system, especially within larger American cities, where crime rates tend to be much higher. Read this story at Politico.com about George Soros.
But the plea bargain has a number of serious problems. Most people are familiar with the fact that prosecutors have wide discretion regarding whom they charge with crimes and whom they simply let go. It is also widely understood the prosecutors have great leeway in determining the amount of time that those who do decide to plead guilty through the use of a plea bargain will spend in jail.
What’s far less widely understood is that the plea bargain gives prosecutors more de facto power than judges, juries or anyone else in the criminal justice system. This is an evolved trait, which was never intended in the original conception of the U.S. criminal justice system. Today’s prosecutors, in terms of impact on people’s daily lives, are the most powerful elected officials in the country. The source of this power is the plea bargain. And the real reason the plea-bargain confers so much power on prosecutors is because it gives prosecutors the ability to decide effectively who is guilty and who is innocent.
Through tactics such as what’s referred to as loading, a situation where prosecutors will charge defendants with a host of serious crimes, carrying 20, 30 or 40 years of potential prison time, prosecutors who are determined to send someone to jail can almost always force them into a plea bargain where they will end up doing time.
George Soros has recognized this flawed aspect of the U.S. justice system and as set about to permanently change it. He is doing so by replacing hard line conservative prosecutors with more progressive minded and liberal ones. George Soros established the Open Society Foundations.
I had a choice of a lot of investment companies, and I went to Laidlaw and Company because they gave me the best chance to make the most money. I felt really at ease when I went on their website, and I felt even better when I talked to James Ahern Laidlaw for the first time about investing my money. There was a lot to cover when I got started, but my broker was happy to explain how everything works. It really helped me make sure that I was doing the right things with my money.
I know very little about investing, but I know I need to learn if I am going to be successful, and I am learning a lot from Laidlaw & Company. They are not going to judge me when I ask questions, and they will complete any transaction I ask for. They work fast, and they do not waste my time when I do not have long to talk to them.
I was very happy to talk to Matthew Eitner the first time I wanted to make an investment, and I can call him when I need him for help. His colleagues will help me when he is not in the office, and he makes it very easy for me to feel like I am doing the right things. I have never felt better about money and investing, and I have been able to make a lot of money on a system that is very easy to follow.
I have been investing with Laidlaw & Company for a while, and I am so glad that they are going to be able to help me when I have a question. I am making money on investment, and I feel much better because of what Laidlaw & Company does for me.
Steve Murray is an American citizen who was born on 1962 August. Steve Murray was a man of diverse talents. He was a brilliant investor and a philanthropist. Murray pursued his education in the College of Boston and graduated with an economics degree. He got his first job at Hanover Company. Steve fathered four children and a husband to Tami Murray. Murray was the president and the CEO of CCMP Capital before he died. Murray was a professional investor on pehub; his death left his workmates and family in demise.
CCMP Capital started conducting entirely independent operations and undertakings in 2006 August. CCMP Capital resulted after formation of business ventures among the following Companies, Chemical Ventures, The famous Chase Capital, Manufacturers Hanover Capital, which goes by the name J.P. Morgan, and the Partners. The experienced investors continue to supervise successfully and manage the individual operations of J.P. Morgan Incorporation.
This financial institution offers quality services at a global level. CCMP Capital has trained and experienced working staff who works to achieve the growth and flexibility of this system. Steve Murray CCMP Capital forms alliances with other stakeholders to allow for the formation of business ventures that will lead to expertise in the industry. This financial institution primarily aims at conducting buyouts and the growth equity investments in Europe and North America based areas.
CCMP Capital lays its focus in making enormous buyouts and growth equity investments mostly in the North American countries and European countries. This Incorporation makes investments estimating one hundred million U.S Dollars to five hundred dollars as per every equity transaction carried out. This gets done by Companies having a range of two hundred and fifty million dollars to a maximum value of two billion dollars.
The equity growths are offered to provide a diversification of estate solution to firm owners, enabling management of buyouts and corporate transactions. CCMP Company also works to shift ownership rights of Companies from public to private and helping developing expertise in the capital market grow. This firm concentrates on the joint development of the four main segments which includes the consumer department, healthcare department, the industrial sector, and the energy industry.
CCMP Capital has been potentially investing in these areas for a long period that involves the undertaking of the varying capital market conditions and the business cycles. CCMP Capital broad understanding of the healthcare department and energy industry has led to solidly built public relations between the senior executives of these institutions and the CCMP technical team.
This firm owns a thoroughly professional technical team that serves customers in a friendly manner. The staff also observes the codes of ethics carefully to prevent violation of terms and conditions.
The late Stephen Murray, who passed in March 2015, left behind a legacy of success as a businessman and a family man. Born in New York and raised in Westchester County, Stephen Murray CCMP Capital eventually went on to graduate from Boston College in 1984. Murray followed up his economics degree from Boston College by attending Columbia University, graduating with a master’s degree in business administration.
Of his many accomplishments, the most celebrated remains being the co-founder and CEO of CCMP Capital, a mid-level buyout equity firm. This firm has recently closed another mulit-billion dollar fund to the tune of over three and a half billion dollars. Murray had been involved with Stephen Murray CCMP Capital since its inception in 1989. However, the firm has gone through many names changes and restructuring since then to become CCMP. The firm was known at one point as Chase Capital Partners before the name was changed to JPMorgan Partners following the acquisition of Chase by JP Morgan. The group, lead by Murray, split of from JP Morgan and became CCMP Capital. In addition to his work with CCMP, Murray also served on the board of several other companies including Aramark, Generac Power Systems, Pinnacle Foods, AMC Entertainment, Warner Chilcott, Cabela’s, The Vitamin Shoppe, and Legacy Hospital Partners in various capacities.
Prior to his passing, Murray stepped down from his position at CCMP citing illness. Within a month, it was confirmed that Murray had succumbed to his illness, leaving behind his wife Tami Murray and four sons. Greg Brenneman, the current CEO of CCMP, is quoted as saying that Murray’s wife and children, “were his pride and joy”.
Furthermore, Murray served as a member of the chairman’s coucil of the Make A Wish Foundation as well as vice chairman of the board of trustees at Boston College. His other philanthropic efforts include the Food Bank of Lower Fairfield County, the Stamford Museum, and Columbia Business School.
The efforts of Stephen Murray will be sorely missed by his family, friends, and business partners. Murray brought passion and determination to these responsibilities, leaving a better world behind him wherever he went.
James Dondero has spent a good portion of his life in the investment world. Mr. Dondero was an executive with American Express Europe for 17 years, and he was also a partner in Protective Life before Highland Capital Management became an investment and hedge fund company. Dondero and Mark Okada started Highland Capital more than 20 years ago, and the company has made a major impact on the global investment industry. With more than $21 billion assets under management, Highland Capital is considered a major player in hedge fund investing as well as credit management. Dondero’s job on facebook is to produce returns for his limited partners and that’s not an easy task these days. The world economy is not performing very well. Ten of the largest global stock markets have been on a downhill path for most of the second half of this year.
Dondero thought that the simultaneous crash of these ten markets would start to make investors nervous, but most investors think the downturn is just a normal bump in the investment road. Some economists say it’s not a bump in the investment road, it’s more like a major hole in that road. In the last two months, the global stock market decline has been worse than the drop in value that happened in 2008. The U.S. stock market dropped 777 points in 2008, and investors woke up with a severe case of empty pockets. Since the peak of the market in the first half of 2015, the market is down three times as much as the 2008 crash, but some investors say it’s only a temporary glitch. Dondero thinks otherwise because stock market wealth is being destroyed all over the world.
What Mr.James Dondero is saying makes sense when investors put all the pieces of the global puzzle together. The U.S. stock market is down 2,000 points since its peak in 2015. The China stock market is off 40 percent from its peak, and the Japanese market is off by 3,000 points. When Germany is added to the mix, Dondero says that market has lost 25 percent of its value. The United Kingdom and France are down 16 and 18 percent respectively, and the Brazilian market has lost 12,000 points since its peak. Italian stocks are down 15 percent, and India’s market is off by 4,000 points. The best country, of the ten, is Russia with a 10 percent decline.
Economist say, and Mr. Dondero agrees with some of them that the global economy is experiencing another seven-year cycle of downturns. That stock market cycle started in 1966, and it has continued since then. What Dondero and other investors that have studied these downturn cycles say is, there is always opportunities to take advantage of when financial markets decline. The key is to recognize what is happening and then react accordingly. Mr. Dondero doesn’t expect a one day bust where all investments go south without warning, but he does say investors should look for bargains now, and continue to study the financial signs that can produce great returns.