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?
“you’d rather talk about Jose Lima?”
No.
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.'”
Aah, the good old days. Lima in a KC Royal uniform (shudder!!!). Wouldn’t want to be ya.
Yet your Royals were a bad team. The Mets are vying for the division crown.
Can someone explain this to me?
The Twins would probably trade you Kyle Lohse. Interested?
I’m not sure Lohse Time! has the same melifluous ring to it.
Does Kyle have blond corn rows?
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.
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.