Simon Could Be Called to Testify at Trial in S&L Suit

LA Times ^ | 08/13/02 | MICHAEL FINNEGAN

[gubamyster]

Politics: The GOP gubernatorial candidate may take the stand weeks before the election. He and other investors sued the U.S. over the failure of the business.

By MICHAEL FINNEGAN, TIMES STAFF WRITER

The U.S. Justice Department has put Republican gubernatorial nominee Bill Simon Jr. on its witness list for a savings and loan trial that starts next month in Washington.

The tentative schedule would have Simon on the stand Oct. 16--less than three weeks before the election.

The trial stems from a lawsuit that Simon and other investors in the former Western Federal Saving and Loan filed against the government. The Simon family lost its $40-million investment in Western Federal, which was based in Marina del Rey, and hopes to win at least some of it back.

The government seized the S&L in 1993 at a cost to taxpayers of $122 million.

The trial before Judge Emily C. Hewitt at the U.S. Court of Federal Claims in Washington is scheduled to start Sept. 17 and finish by Oct. 18.

[gubamyster]

ping

[NormsRevenge]

HOO-YAHHHH!!!!
DUMP DAVI$ & the Den of Socialists

GO SIMON

[kellynla]

I heard Simon respond on the radio this am to the possibility of him having to appear. He stated that he doubted that he would be called because of his limited role but that if called he would appear.

[Digger]

Sure he will appear. Then a week of this shown over & over in Cailf. And when asked a detrimrntal question he will appease his opponents & meakly give a half-a$$ed answer. He will appear as though it was his fault. Isn't that the MO of pubbies? Hey Simon, what are ya do'in about the ILLEGALS. Answer - NOTHING. (Same old crapola from the "Two-Party Cartel")

[Ernest_at_the_Beach]

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