Sotomayor and policy uncertainty

May 26, 2009

The following quote from Supreme Court nominee Sonia Sotomayor (made during a panel discussion at Duke University in 2005) is the sort thing that may raise red flags for investors and business folks:

All of the legal defense funds out there, they’re looking for people with court of appeals experience, because it is–court of appeals is where policy is made. And I know, and I know this is on tape and I should never say that, ’cause we don’t make law–I know.  Okay, I know, I know. I’m not promoting it, and I’m not advocating it, I’m, you know…

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