G12G English Mock Trial Day 1

Saturday, 22^nd of April 2012 at 8:40am, the United States v. Angelo R. Mozilo, Ben Bernanke and Henry Paulson started. The honourable judge of the case is Hawra Al Lawati, prosecuting attorneys: Tala Darweesh, Fatima Al Shanfari, Al Rayan Al Busaidi and Dareen and defending Ben Bernanke (Awatif), Angelo Mozilo (Leen) and Henry Paulson (Noor) are Shaima Al Rawahi, Yaqeen Al Hosni and Razan Al Humaidi.

The issue of this case is “Should big bank executives, Angelo R. Mozilo ((former CEO of Countrywide Financial), Ben Bernanke (Chairman of the Federal Reserve) and Henry Paulson (former CEO of Goldman Sachs) to jail for the 2008 global financial crises? Prosecutors claim that Mozilo committed insider trading, while Bernanke and Paulson committed theft. Prosecutors questioned the defendants after they -the defendants- swore the oath given by the bailiff (Officer Amna). Answering the prosecutors questions, Mozilo seemed to have an attitude, Paulson seemed serious and knew how to answer each and every question while Bernanke, on the other hand, seemed confused and lost. The jury consisting of Asma Al Araimi, Manal Al Busaidi and Maryam Barram seemed to be listening attentively and writing notes.