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Curmudgeon Don Bauder's view of debt
No one likes the concept of ‘redistribution of wealth’ .... but we should strive for a more level playing field. We’ve morphed into an oligopoly barring entry for competition. We’ve seen million of US jobs lost to free trade ... how many US factory closures? 70,000? Is it no wonder we have a meth and opiate crisis wrapped up with a poverty/homeless crisis? The problems have now spilled into the streets .... when the elite have to step over homeless to get to the opera ....the problems are now pretty overwhelming ....and we can’t recognize the US that we used to know ... In the meantime.... Gates, Buffett and many billionaires are pledging to leave all their wealth to philanthropy .... let’s get busy ....— December 6, 2018 1:15 p.m.
Would disbarred Bill Lerach dare practice law again?
Well i’d like to know what the lie was. Lerach had a Bush-appointed federal judge presiding. Before getting appointed to the bench, Judge John Walter and his corporate defense firm had many high tech clients, many i’m sure were sued by Lerach and other class action attys. Does anyone think that if Lerach had gone to trial that it would have been a level playing field? No way. One has to keep in mind that the Bush/Cheney WH put the Ken Starr team on Lerach and his colleagues. He was going after Cheney for the huge losses he caused as Halliburton CEO. Cheney had never run any kind of business let alone a Fortune 500 publicly-traded corporation. Their stock plunged during his tenure. http://www.nytimes.com/2002/05/22/business/under-…— February 2, 2018 7:03 p.m.
Would disbarred Bill Lerach dare practice law again?
He also recovered a huge sum in the early 80s for senior citizens who were screwed financially by the United Methodist Church...setting off an uproar. 60 MINUTES sent Morley Safer to San Diego and provided national exposure of the fraud and deceit. No wonder the establishment dislkes Lerach. He challenged them and won on most every occasion.— February 2, 2018 6:56 p.m.
Would disbarred Bill Lerach dare practice law again?
Well ... i wish more plaintiffs lawyers get after it ...A quarter of all public company deals may involve some kind of insider trading, according to the study by two professors at the Stern School of Business at New York University and one professor from McGill University. The study, perhaps the most detailed and exhaustive of its kind, examined hundreds of transactions from 1996 through the end of 2012. https://www.cnbc.com/2014/06/17/study-asserts-sta…— January 25, 2018 3:31 p.m.
Would disbarred Bill Lerach dare practice law again?
Right....so maybe retirees are actually getting royally screwed? How about column about the over-all health of public pensions nationwide?— January 24, 2018 5:11 p.m.
Would disbarred Bill Lerach dare practice law again?
We should also find out what happened to our SD City and County pension funds and investments. The market is sky high and they continue to lose ground. Something like $6 BILLION underfunded? Wasn’t it $4 BILLION a couple years ago?— January 24, 2018 5:10 p.m.
Would disbarred Bill Lerach dare practice law again?
Let’s put this in the hopper as well ... https://www.bloomberg.com/news/articles/2018-01-1….— January 24, 2018 4:54 p.m.
Would disbarred Bill Lerach dare practice law again?
PS ... if you don’t think there is, and has been, a ton of stock fraud and manipulation, ‘pump and dump’ schemes, embezzlement, theft, fraud and a ton of other crimes commited in major financial institutions here and abroad, i have a bridge i’d like to sell you. The LIBOR scandal alone probably siphoned a minimum of $1.5 TRILLION into major banks over at least 20 years. One guy went to prison. We have short memories about what led up to the Wall Street collapse of 2008. Go back and see the Oscar-winning documentary, “Inside Job”, “Enron” and others. If these pension funds were in decent shape prior to 2000 and now $6 Trillion under water, don’t blame Mr Lerach!— January 24, 2018 4:43 p.m.
Would disbarred Bill Lerach dare practice law again?
Look .. Wall St and the investment firms hate this guy... whatever you think of Mr Lerach, most of the public pension funds were in find shape prior to 2000. Most of the corporate pensions screwed workers long ago. If the Kentucky pension fund only has about 14% of the amount needed to pay their retirees when all is added up, then something is messed up. Where did the money go? Moreover, I have read that if you total up all the public pension funds nationwide, the number approaches about $6 TRILLION in unfunded liability. We know that Wall Street likes to ‘kill the messenger’ ... I hope the merits of this case, and others like it, are heard and determined for the sake of the screwed workers out there. Let’s all learn about “Black Hole” hedge funds and Wall St fraud as well!— January 24, 2018 4:38 p.m.
Protesters warm up to tear down Cabrillo Bridge plan
if the parking structure doesn't make economic sense ... how about making better use of the parking on the east end of the park ....by the former Balboa Naval Hospital...and having plenty of trams to cart people into Balboa Park? that could be one stopgap solution while we address the mold, mildew and crumbling structures within the park. but above all else....let's stop with the personal attacks ... Irwin Jacobs is a thoroughly decent human being ...it's painful to hear the unacceptable name-calling .. we can all agree that we love and enjoy Balboa Park ... making the Park entirely pedestrian and banning cars may be worth exploring ... it will add new human transportation challenges for the elderly and others to get to the Old Globe and other destinations.— July 3, 2016 11:48 a.m.