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SEC Charges, Forced into Open by San Diegan, Show Wall Street Corruption
You did make a response to a previous comment of mine regarding SEC personnel having the time to look at porn all day long when they should have been finding meaningful things to do. ============== LOL.. Believe it or not, in the mind of some gov employees, looking at porn is a meaningful use of time to the them.— May 27, 2010 8:50 p.m.
SDNN Closes Orange County Operation
Thanks for the compliments nan! And for the record I do indeed own a Dalmation-lover her to death!— May 27, 2010 8:48 p.m.
San Diegan Bill Lerach out of prison, living in luxury
Let's keep in mind that Lerach didn't sue Enron..they were gone. =============== Actually Lerach (Milberg Wesiss) DID sue Enron, they were the lead firm, representing Calpers. I saw the Complaint-it was 503 pages long and was, literally, 2 inches thick. I'll say this, when you get a 500+ page Complaint, 2 inches thick, with 2,000+ alegations, you're in trouble.— May 27, 2010 1:09 p.m.
Proposition 16 False Fact: No Right to Vote?
I voted NO on 16. When monopoly electric and power providers start bank rolling a prop, with no competition-that tells me to vote the opposite way.— May 27, 2010 1:04 p.m.
San Diegan Bill Lerach out of prison, living in luxury
Lawyers who file class action lawsuits receive interest on their fee, starting from the date the lawsuit is first filed. This is why lawyers receive 50% or more of the settlement proceeds. ============== Lawyers REQUEST both prejudgement (and post judgement) interest on awards, but pre judgement interest is rarely, if ever, granted by the judge.— May 27, 2010 7:59 a.m.
Lead Indicators Inch Ahead in April
Modest increase, and inching forward, are the key words here. I still think we are in deep trouble b/c the budget deficits (both local and federal) are through the roof with no new jobs, especially middel class jobs, in sight. Don't even get me going on the mutliple "bailouts" and how we're supposed to pay trillions back.— May 27, 2010 7:56 a.m.
San Diegan Bill Lerach out of prison, living in luxury
The late Jonas Salk lived right across the street from Lerach's home.— May 26, 2010 11:17 p.m.
San Diegan Bill Lerach out of prison, living in luxury
Cool link B-I didn't know Lerach lived on La Jolla Farms, he used to live in RSF. If you go 5 houses to the left of Lerach (south) you have Ron Burkle's home-which when he bought it around 1999 the housing market was still in the toilet, and he still paid $25 million, and the home was not even finished b/c the builder went BK-but Burkle probably has the nicest home in the San Diego coastal area......— May 26, 2010 11:12 p.m.
San Diegan Bill Lerach out of prison, living in luxury
Also, is the "15 cents on the dollar" recovery for defrauded shareholders accurate? If class action attys representing plaintiffs are getting 10% of the settlement, where does all the money go? =============== Class actions give literally PENNIES on the dollar to the class-and many times it is NOT even in cash-but some worthless coupon for a future purchase-very common in class actions. And the class lawyers get by far the lions share of the settlement, and it is far more than 10%.— May 26, 2010 9:15 p.m.
SDNN Closes Orange County Operation
VoSD is a great online source.....cleaning the UT's clock most of the time.— May 26, 2010 4:54 p.m.