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Noah Feldman

You're Presumed Innocent. Is Your Money?

The Supreme Court's tortured logic holds that the government can seize only tainted assets.
Stash some cash.

Stash some cash.

Photographer: Ron Antonelli/Bloomberg

Finally, someone's standing up for the rich.

The Supreme Court struck a blow for wealthy criminal defendants today, holding that before trial the government can freeze only those assets that are demonstrably tainted, not all assets up to the value of the wrongdoing alleged. It's a distinction that doesn't matter to very many people, but matters a lot to a few.