“The Justice Department has discretion in deciding whom to charge, weighing factors such as the prosecution’s evidence, the strength of the defense and the way a jury would likely respond to the facts. Smith, a prominent Black businessman and philanthropist, may be viewed sympathetically by a jury in a time of protests for racial justice, lawyers said. Failure to foresee and plan for a multitude of 21st century enterprise scenarios is another stuck fork in an obsolete 20th century notion of enterprise risk management.”Bloomberg
August 21, 2020
“The issue of jury appeal is often considered by prosecutors in cases that are a close call”
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Reputation risk management is strategic when regulators have discretionary authority.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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