Posted on 11/21/2007 5:43:44 AM PST by NCDragon
WASHINGTON -- John Edwards launched his slight public career -- one Senate term, two presidential candidacies -- with the money and reputation he made as a trial lawyer. Today he is the candidate of a small fraction of the electorate but a sizable portion of America's trial lawyers. Edwards says Washington is "corrupt." Well.
Within Edwards' lucrative trial bar constituency, there has been a flurry of criminal indictments. Their target has been what Fortune magazine calls the law firm of Hubris Hypocrisy and Greed. (See Peter Elkind's jaw-dropping report in the issue of Nov. 13, 2006.) The real name of the nation's foremost securities class-action firm is Milberg Weiss.
It has been indicted as a "racketeering enterprise" that obstructed justice and committed perjury, bribery and fraud while collecting about $250 million in fees from about 250 cases using paid plaintiffs, which is illegal. Several of the firm's members, past and present, also have been indicted.
(Excerpt) Read more at seattlepi.nwsource.com ...
I think even Democrats are having trouble supporting this pansy.
Hardly a week goes by without me receiving a “securities litigation” letter from some trial lawyer wanting me to sue some company that has done me no harm. It’s total extortion. Unless I spend time completing paperwork contained in the letter to opt myself out of the lawsuit, the lawyer will get paid on my behalf. In other words, if I do nothing and simply throw the letter in the trash can the lawyer gets paid! These people are total scum.
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