David Boies' spirited defense of his client Maurice "Hank"
Greenberg's right to invoke the Fifth Amendment, which appeared
April 12, 2005, in The Wall Street Journal, marked
a new pair of lows: attorney conduct and editorial judgment.
Boies' argument centers on a single idea, prominently highlighted
in an editorial call-out: that refusing to testify is a right-not
a wrong.
First, he recites all the noble constitutional reasons why
Greenberg shouldn't have to explain himself, using the words
"leak, leaks, and leaked" about as often as Paris
Hilton says, "like."
Why does Greenberg deserve
a forum like a WSJ op-ed? Will Ken Lay or Jeffrey Skilling
have the same opportunity? |
It might have been fine if Boies had stopped there, but he
goes on to extol Greenberg's military service, "landing
on the beaches of Normandy, serving in Korea, earning the
Bronze Star."
That must have been back when he was Humble Hank, before
Imperial Hank came along.
Next, in classic-corporate-PR fashion, the celebrated attorney
with a book to peddle chronicles Greenberg's business accomplishments,
his "well-known foreign-policy contributions" (let's
hear more about those), and his "extensive philanthropy."
It all sounds like the defense of a small-town loan company
operator who has absconded with the life savings of most of
the townsfolk.
Of course, Greenberg is entitled to take the Fifth. He is
an American, not to mention recipient of a Bronze Star. If
the Mafia made the same constitutional argument work to their
advantage for so many years, why shouldn't Greenburg, even
if his interlocking web of companies resembles the underworld
more than the world Sarbanes-Oxley tried to create?
Boies is an advocate, and his op-ed piece is a well-crafted
piece of advocacy, but one has to question both the editorial
venue and the judgment of those who granted it.
Was this a way of giving Greenberg equal time in return for
running all those insidious stories about what a narcissistic
tyrant he was when he was top dog?
If so, the WSJ editors are purblind, because Greenberg hasn't
been particularly forthcoming about the details of his various
accounting capers ("Oh, this looks so bad here. Let's
move it over to the other side of the ledger and call it something
else.").
Why does Greenberg deserve a forum like this? Will Ken Lay
or Jeffrey Skilling have the same opportunity?
The Wall Street Journal has simply forgotten the journalist's
creed: "Comfort the afflicted and afflict the comfortable."
It is confusing Greenberg with the afflicted, instead of someone
sitting atop a huge mountain of moolah and refusing to answer
questions about how he accounted for it. Go ahead and take
the Fifth, Hank, but it doesn't inspire much trust, or confidence
in AIG stock.
Nor does issuing a statement to the effect of, "Well,
I really wanted to testify, but they wanted to ask all these
questions to which I didn't already know the answers."
In fact, Boies' singular editorial makes the question: "Who
is a journalist?" pale in comparison to a much larger
question: Who will be given prominent op-ed space in The Wall
Street Journal to make his case without testifying? In fact,
without even writing anything?
Moreover, because Boies represents Hank Greenberg in civil
matters instead of criminal, he may be jeopardizing attorney-client
privilege, especially when discussions and advice turn to
non-legal topics. Courts have held repeatedly that conversations
with lawyers on non-legal matters (such as tobacco-company
lobbying campaigns) are not privileged, so where is the line
here?
I 'll tell you where the line is for me. When lawyers write
pieces like this on behalf of clients, and newspapers that
have been feasting off the other side of the story run them,
it makes the word "flack" seem like an honorable
calling rather than a term of opprobrium.
* * *
Bill Huey is president
of Strategic Communications, a corporate and marketing communication
consultancy in Atlanta.
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