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Judi Lynn

(160,598 posts)
Thu Jul 18, 2013, 03:56 PM Jul 2013

Justice Alito's finances explain his recusals

Source: Associated Press

Justice Alito's finances explain his recusals
Associated Press
Mark Sherman, Associated Press 1 hour ago

WASHINGTON (AP) -- Justice Samuel Alito bowed out of roughly six dozen matters that came before the Supreme Court in the past 10 months with no explanation. Alito's latest report of his finances clears up the mystery.

The justice and his wife, Martha Ann, inherited dozens of stocks when her father, Bobby Gene Bomgardner, died last year. Many of the cases in which Alito did not take part involved companies in which the Alitos now own shares.

The information was included in Alito's financial disclosure for 2012, which the federal judiciary released on Wednesday. The other justices' reports were submitted last month; Alito had requested an extension.

While justices have enormous discretion about when to step aside from cases, federal law gives judges no choice when they own even a share of a company that is a party in a case before them.

Alito's holdings include Abbott Laboratories, AT&T Inc., Boeing Co., Chevron Corp., IBM Corp. and Verizon Communications, as well as tobacco companies, other energy firms and pharmaceutical interests.


Read more: http://news.yahoo.com/justice-alitos-finances-explain-recusals-183144990.html

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Justice Alito's finances explain his recusals (Original Post) Judi Lynn Jul 2013 OP
so in theory questionseverything Jul 2013 #1
That extremely loud, deafening shrieking is just the money talking Blue Owl Jul 2013 #2
And what if in theory sorefeet Jul 2013 #3
He knew his wife would inherit those stocks eventually,but never recused himself until Divernan Jul 2013 #4
Not a fan of alito and wouldnt care if a bus ran him over tommorrow but that line of reasoning cstanleytech Jul 2013 #7
The probability that his wife would inherit her father's stocks is a near certainty. Divernan Jul 2013 #10
Not defending Alito, Ruby the Liberal Jul 2013 #14
She was not the sole heir pscot Jul 2013 #15
I Tell You One POS That Wouldn't Recuse Himselof BlueManFan Jul 2013 #5
Agreed, Thomas has shown himself unfit to be a SCOTUS with the stuff he has cstanleytech Jul 2013 #8
And I Don't Like him BlueManFan Jul 2013 #6
It seems his finances are hampering his ability to do his job Warpy Jul 2013 #9
We need to gain control of the House and 2/3 of the Senate... harrose Jul 2013 #11
Hear! Hear!! n/t ReRe Jul 2013 #12
Who is "we"? Jim Lane Jul 2013 #19
We need to recuse his A__ right off the Court. ReRe Jul 2013 #13
At least he has the decency to recuse himself . . . markpkessinger Jul 2013 #16
That’s rich (no pun intended) … 1StrongBlackMan Jul 2013 #17
That wouldn't have stopped Scalia rpannier Jul 2013 #18
He should buy more stock. The more often he has to recuse himself, the better. n/t hughee99 Jul 2013 #20

Divernan

(15,480 posts)
4. He knew his wife would inherit those stocks eventually,but never recused himself until
Thu Jul 18, 2013, 04:19 PM
Jul 2013

she officially inherited them. I think that sucks. Love to see an investigative reporter track down how far back Alito's father-in-law owned each one of those stocks, and how many cases involving those corporations came before the USSC where he did NOT recuse himself!

cstanleytech

(26,317 posts)
7. Not a fan of alito and wouldnt care if a bus ran him over tommorrow but that line of reasoning
Thu Jul 18, 2013, 04:33 PM
Jul 2013

that he should recuse himself for something that might eventually happen is complete and utter BS, sorry but it had to be said.
Feel free to continue to bash him though for alot of his rulings by all means though because he deserves it imo.

Divernan

(15,480 posts)
10. The probability that his wife would inherit her father's stocks is a near certainty.
Thu Jul 18, 2013, 05:05 PM
Jul 2013

Families which have accumulated a lot of wealth guard it quite aggressively with the primary purpose of passing it on to succeeding generations. My extended family was modestly wealthy, and, especially as the patriarch aged, the next generation (my parents') was quite involved in making sure that the wealth was preserved for the benefit of first of all, his widow, and next, the following generation. The goal was to live off the dividends/interest/ etc., but never, never, never to touch the capital.

I am puzzled by the vehemence of your reply, i.e., "complete and utter BS".

I am not targeting only Alito on this matter, but any Judge hearing a case in which his or her close family members have financial investments in one of the parties. When a trial lawyer voir dires (that is, questions) potential jurors, we definitely ask about the juror's relatives including siblings, in-laws, parents and kids - not just spouses, in determining if there is a conflict of interest which would unfairly influence a juror's decision. When we depose or cross-examine witnesses, we also check out their family members' re contact with the case or any of the parties in the case.

Ruby the Liberal

(26,219 posts)
14. Not defending Alito,
Thu Jul 18, 2013, 06:38 PM
Jul 2013

but his FIL could have liquidated those positions before he passed.

In addition - he may not have even known what positions were held. My mother's advisor is a very active trader, "buy Coke, sell Pepsi", because she pays a % of assets under management - with no transaction costs. I would have no idea from one day to the next what constitutes her holdings.

pscot

(21,024 posts)
15. She was not the sole heir
Thu Jul 18, 2013, 08:22 PM
Jul 2013

They may have had no idea how Bobbie Gene Bomgardner planned to divvy up his estate. That said, I hope Alito gags on a bad radish.

BlueManFan

(256 posts)
5. I Tell You One POS That Wouldn't Recuse Himselof
Thu Jul 18, 2013, 04:20 PM
Jul 2013

that *ucking moron Clarence Thomas, When I dwell on the fact that we are stuck with this corrupt dolt for the foreseeable future I throw up n my mouth a little bit. And his teabagger wife Jenny made three quarters of a million dollars lobbying against Obamacare, which he conveniently forgot to disclose. He is classless, corrupt, petty, vindictive, idiot.

Warpy

(111,330 posts)
9. It seems his finances are hampering his ability to do his job
Thu Jul 18, 2013, 04:42 PM
Jul 2013

Perhaps it's time for him to realize that and step down.

harrose

(380 posts)
11. We need to gain control of the House and 2/3 of the Senate...
Thu Jul 18, 2013, 05:52 PM
Jul 2013

... so that we impeach and remove Alito, along with Roberts, Thomas and the rest of the Rethugs.

 

Jim Lane

(11,175 posts)
19. Who is "we"?
Fri Jul 19, 2013, 03:35 AM
Jul 2013

My guess is that the majority of the Democrats now in Congress would vote against impeachment. Mere disagreement with a judge's rulings would generally not be considered a solid basis for removing him or her from office. (Then there's the additional problem that some of the Democrats probably agree with some of the decisions that DUers criticize.)

ReRe

(10,597 posts)
13. We need to recuse his A__ right off the Court.
Thu Jul 18, 2013, 06:35 PM
Jul 2013

Along with any of them who have that many business ties. What are we going to have to do, have "Alternate" Supreme Court Justices? This government seems to be corrupted from top to bottom. Or should I say "IS" corrupt from top to bottom?

 

1StrongBlackMan

(31,849 posts)
17. That’s rich (no pun intended) …
Thu Jul 18, 2013, 09:20 PM
Jul 2013
While justices have enormous discretion about when to step aside from cases, federal law gives judges no choice when they own even a share of a company that is a party in a case before them.


Owning a single share requires recusal; but being paid directly … not so much. (Google: Clarence Thomas+Conflict of interest)

No … just click here: http://obrag.org/?p=40275, then do the google
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