Baseball Crank
Covering the Front and Back Pages of the Newspaper
May 18, 2006
LAW: Milberg Weiss Indicted

WSJ Law Blog has the scoop and a link to the indictment of the prominent securities class-action plaintiffs' firm and two of its name partners, David Bershad and Steven Schulman, for making illegal kickback payments to class representatives. Bloomberg has more, such as the detail that

The firm obtained the money in a manner to make the payments difficult to trace, including from casinos, prosecutors said in the indictment. The money was kept in a safe located in a "credenza in Bershad's office at Milberg Weiss, to which access was strictly limited."

UPDATE: Yes, this officially makes it schadenfreude day here at Baseballcrank.com. What, you'd rather talk about Jose Lima?

Posted by Baseball Crank at 5:53 PM | Law 2006-08 | Comments (8) | TrackBack (0)
Comments

"you'd rather talk about Jose Lima?"

No.

Posted by: Mike at May 18, 2006 11:13 PM

No, not unless Jose Lima "was kept in a safe located in a 'credenza in Bershad's office at Milberg Weiss, to which access was strictly limited.'"

Posted by: Attila (Pillage Idiot) at May 19, 2006 9:37 AM

Aah, the good old days. Lima in a KC Royal uniform (shudder!!!). Wouldn't want to be ya.

Posted by: maddirishman at May 19, 2006 11:23 AM

Yet your Royals were a bad team. The Mets are vying for the division crown.

Can someone explain this to me?

Posted by: Mike at May 19, 2006 11:25 AM

The Twins would probably trade you Kyle Lohse. Interested?

Posted by: Jeff A at May 19, 2006 1:26 PM

I'm not sure Lohse Time! has the same melifluous ring to it.

Does Kyle have blond corn rows?

Posted by: Mike at May 19, 2006 1:28 PM

Mike, we did our Lima Time last year. No team should ahve to face that more than once. regardless of how bad they may be.

Posted by: maddirishman at May 19, 2006 4:42 PM

Call me a cynic, but

1) isn't that what a shakedown artist does, and
2) if this is the only good thing to come out of the Bush administration, it's still not enough.

Posted by: Rob McMillin at May 20, 2006 4:16 PM
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