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Don't forget the investment bankers behind wcom and all other nightmares on
wall st. You don't think employees do this by themselves? When I heard the
head of Goldman saying a week or two back thast corporate US needed a bit
more moral fibre I fell off my chair.
Lets see. How many flybynight rubbish internet stocks which got ramped did
Goldman and it's subsids buy into and sell out at 200 x purchase?
Chairman and MD of EVERY bank which advised WCOM, Enron, et al, should be
locked up and keys thrown away. No cushy, sell out deals cut by snakeoil
lawyers that shaft shareholders.
Lock'em up, send em to Guantanamo Bay.
----- Original Message -----
From: "Gerald Marisch" <gm@xxxxxxxxxxxxx>
To: "Frank Richardson" <frankr@xxxxxxxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Wednesday, June 26, 2002 6:08 PM
Subject: Re: Off Topic - Lawyers rush to file lawsuits against WCOM ? - II
> As Bill Shakespeare once wrote in Henry VI, "The first thing we must do,
is
> to kill all the lawyers".
>
> Attorneys will plead that this is the first step toward anarchy, since no
> one will be able to interpret, to finesse, to argue THE LAW like they.
>
> In response, the "common man" may respond, "BALDERDASH! What about common
> sense?"
>
> And to Frank, et al, from a person who worked with lawyers for 20 years, I
> say...
> A busload of lawyers going over a cliff is called a "good start".
>
> By the way, Frank, don't hold back now...tell us what you REALLY think
about
> lawyers.
>
>
> ----- Original Message -----
> From: "Frank Richardson" <frankr@xxxxxxxxxxxxxxxx>
> To: <omega-list@xxxxxxxxxx>
> Sent: Wednesday, June 26, 2002 11:47
> Subject: Off Topic - Lawyers rush to file lawsuits against WCOM ?
>
>
> > RANT -
> >
> > I can see it now --- greedy lawyers tripping & cussing over each other
at
> the courthouse steps in their rush to get their lawsuit certified as THE
> class action suit for WCOM stockholders ---- of course whoever it is
it'll
> probably end up like most settlements --- the class action lawyers will
> negotiate a closed door deal with the WCOM lawyers generating a settlement
> proposal that pays the class action lawyers $50 million in fees while the
> WCOM stockholders will get offered "the knawed over bones" like a $10
rebate
> coupon on a brand new Acme telephone
> > (redeemable at WAL-MART).
> >
> > (Plantiff's Lawyers: "We'll let you WCOM guys off comparitively easy if
> you settle, you just pay our $$$fees and expenses and in exchange we'll
not
> push for anything substantial for the stockholders -- consider the
> alternative --- you're getting off comparitively cheap").
> >
> > There ought to be a 2nd class of blood sucking lawyers who sue the
initial
> class action lawyers over the unconscienceable, incredibly out of balance
> deals they cut.
> >
> > Where are the State's Attorney Generals who are supposed to be
supporting
> the rights of consumers/stockholders (read:voters) ?
> > Are the AG's silent since the class action lawyers use third parties to
> throw them a $50K bone or two for their
> > re-election campaigns ?
> >
> > Frank
> >
> >
>
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