Smiley Bishop & Porter LLP

Securities Arbitration & Business Litigation Attorneys

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On Law and Lawyers

I wish I had said that
“If there were no bad people, there would be no good lawyers.”
~ Charles Dickens

“A lawyer is a person who writes a 10,000-word document and calls it a brief.”
~ Franz Kafka

“A jury consists of twelve persons chosen to decide who has the better lawyer.”
~ Robert Frost

“Scarcely any political question arises in the United States that is not resolved, sooner or later, into a judicial question.”
~ Alexis de Tocqueville

“Say what you will about the Ten Commandments, you must always come back to the pleasant fact that there are only ten of them.”
~ H.L. Mencken

“Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of disinfectants; electric light the most efficient policeman.”
~ Louis D. Brandeis

“People who love sausage and people who believe in justice should never watch either of them being made.”
~ Otto Bismark

“We don’t give our criminals much punishment, but we sure give ’em plenty of publicity.”
~ Will Rogers

“In this house, we obey the laws of thermodynamics!”
~ Homer Simpson

“A man who has never gone to school may steal from a freight car; but if he has a university education, he may steal the whole railroad.”
~ Theodore Roosevelt

“It ain’t no sin if you crack a few laws now and then, just so long as you don’t break any.”
~ Mae West

“Lawyers know life practically. A bookish man should always have them to converse with.”
~ Samuel Johnson

“The doctrine of bespeaks caution provides no protection to someone who warns his hiking companion to walk slowly because there might be a ditch ahead when he knows with near certainty that the Grand Canyon lies one foot away.”
~ In re Prudential Secs. Inc. P’ships Litig., 930 F. Supp. 68, 72 (S>D>N>Y> 1996)

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The laws and rules that govern the securities industry in the United States derive from a simple and straightforward concept: all investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to buying it, and so long as they hold it." —U.S. Securities and Exchange Commission
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