Against the Rules with Michael Lewis Judging Sam: The Aftermath
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Nov 9, 2023 Rebecca Mermelstein, a defense attorney at O’Melveny and former prosecutor, shares her insights on the aftermath of Sam Bankman-Fried's trial. She discusses the implications of the guilty verdict and what it means for sentencing and cooperating witnesses. The conversation delves into the complex dynamics of loyalty and betrayal, as well as the emotional reflections from those affected by the case. They also explore public perception and the legal challenges faced in high-stakes trials, offering a nuanced look at justice and accountability.
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Conviction Shock
- Sam Bankman-Fried's conviction was predictable, yet shocking.
- Despite near certainty, suspense arose from the unpredictability of juries.
Sentencing Timeline
- Sentencing is scheduled for March 2024, which is common to allow time for the pre-sentence report.
- This report compiles information about the offense, the defendant's background, and may include interviews with family and friends.
Sentence Prediction
- Predicting sentences is difficult, but Rebecca Mermelstein estimates between 10 and 30 years for SBF.
- This is based on typical white-collar sentencing and the magnitude of the fraud.