Tuesday, May 06, 2008
Lawyers - "Parasite Circus"?
I know they are a "check and balance" when used properly.
It's the damage extremes that bother me...
It's the damage extremes that bother me...
John Stossel writes in the Wall Street Journal:
"Foes of lawsuit abuse have been writing gleefully about the fall of Dickie Scruggs, Bill Lerach and Melvyn Weiss. All three lawyers are likely to spend time in jail for plotting to bribe a judge (Scruggs) or paying kickbacks (Lerach and Weiss).
Good riddance.
Locking them up will stop them from further damaging America – at least for a few years. But it's a small victory for reformers.
New members of the parasite circus will just step forward to take their place. And what these aggressive class-action and securities lawyers do legally is more damaging to America than the crimes that Scruggs, Lerach and Weiss committed. "
