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Would this be considered to be "judicial activism"?
Would this be considered to be "judicial activism"?
Would this be considered to be "judicial activism"?
The Louisiana judge who struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico has reported extensive investments in the oil and gas industry, according to financial disclosure reports. He's also a new member of a secret national security court.
http://www.aolnews.com/gulf-oil-spi...xed-drilling-ban-has-oil-investments/19527477
Looks like a conflict of interest to me. Ethically he should have removed himself from the case.
How did you reach this conclusion?
The report provided no information as to the extent of his investment holdings.
U.S. District Judge Martin Feldman, a 1983 appointee of President Ronald Reagan, reported owning less than $15,000 in stock in 2008 in Transocean Ltd., the company that owned the sunken Deepwater Horizon drilling rig.
Feldman's 2008 financial disclosure report - the most recent available - also showed investments in Ocean Energy, a Houston-based company, as well as Quicksilver Resources, Prospect Energy, Peabody Energy, Halliburton, Pengrowth Energy Trust, Atlas Energy Resources, Parker Drilling and others. Halliburton was also involved in the doomed Deepwater Horizon project.
He's one of many federal judges across the Gulf Coast region with money in oil and gas. Several have disqualified themselves from hearing spill-related lawsuits and others have sold their holdings so they can preside over some of the 200-plus cases.
You didn't read the report! The amount was shown in the 2nd paragraph.
[Anyway, the amount does not matter. To own stock in a company and then sitting as a judge in a case that affects that company is unethical and is a conflict of interest ... his monetary interests. An honest judge would have removed himself from the case..
By your thinking owning one share of stock would be a conflict of interest.
Yes, I did read the report.
But the figure of $15,000 does not tell us enough to know whether this amount is material to his entire investment holdings.
Without knowing if the amount of the investment is material there is no knowing if there is a conflict of interest.
By your thinking owning one share of stock would be a conflict of interest.