In 2000, Locke Liddell & Sapp, the Texas legal firm of which Harriet Miers was then co-manager, paid out $22 million to settle out-of-court with investors, many of whom had been defrauded of their life savings in the Austin Forex International currency-trading Ponzi scheme run by former Texas football star Russell Erxleben. Locke Liddell agreed to pay the $22 million restitution to investors because legal representation the firm provided Erxleben figured prominently in the perpetration of the fraud itself. Michael Shaunessy, the Austin attorney who represented the investors in the Locke Liddell settlement, told WND that Erxleben's Ponzi scheme defrauded...