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The new rule is that anything may be judged material if it involves an intentional misstatement.
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Arpaio and Sheridan were previously found to have made several intentional misstatements of facts last year during their contempt hearings.
About the best we can say about Attorney General Michael Mukasey's testimony Wednesday in the Senate is that he was no Alberto Gonzales, with the frequent memory lapses and possibly intentional misstatements.
Know that if you sign a joint tax return, you are agreeing that everything on the tax return is correct and you will be accountable for any mistakes, errors or intentional misstatements.
"In their testimony during the evidentiary hearing, Sheriff Arpaio and Chief Deputy Sheridan made multiple intentional misstatements of fact while under oath".
This was not a case of sloppy record keeping or intentional earnings misstatement, but rather their normal accounting practice before the Enron and Worldcom scandals came to light.
First, they're outright, clearly intentional lies — not dubious assertions or misstatements that could be attributed to ignorance or misunderstanding.
In the end, his misstatements, even if proved intentional, may not matter.
Intentional omission of material information is a material misstatement.
One key aspect of these undisclosed model risks is that intentional omission of material information is a material misstatement according to U.S. securities laws.
"One of the central themes of Mr. Libby's defense at trial will be that any misstatements he made during his FBI interviews or grand jury testimony were not intentional, but rather the result of confusion, mistake or faulty memory," the lawyers wrote in a court document filed late Tuesday.
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