"Trials are primarily about the truth. Consent decrees are primarily
about pragmatism."
— Second Circuit Court of Appeals in [Link removed] SEC
v. Citigroup Global Markets, Inc., Nos. 11-5227-cv, 11-5375-cv and 11-5242-cv (2nd Cir., June 4, 2014).
These words from an important court decision yesterday will most
likely be quoted in all sorts of contexts, including with respect to
ethics settlements, the consent decrees of government ethics.
...