Equity! Did you forget? Robins Bonas V. All Bars All Firms All Partners Lacking Remorse By JOE NOCERA nocera@nytimes June 7, 2008 Some guys just don’t know when to shut up. Lerach is one of those guys. Mr. Lerach’s statement has infuriated other plaintiffs’ lawyers. Bernstein Litowitz, Berger & Grosman issued a press release saying, verbatim: “It would just be unthinkable” to give kickbacks to lead plaintiffs. Some guys just don’t know when to shut up. Another Bernstein Litowitz partner, Sean Coffey published, verbatim: “It is bad enough that this confessed criminal cheated for years to get an unfair advantage over his rival firms. But for this guy, on his way to prison, to say that everyone does it is just beyond the pale.” Some guys just don’t know when to shut up. Beyond Pale Max, Coffee, Sean Bernstein, Litowitz, Berger, Grossman He’s a crook who got caught, and if putting him in prison for his little kickback scheme — rather than his far more venal form of economic extortion — is a little like putting Al Capone in jail for tax evasion, well, so be it. The best description of Mr. Lerach’s methods I ever heard came from the venture capitalist John Doerr: a “cunning economic terrorist,” he called him. I think Max, Blair Nicholas & Sean Coffee all forgot to mention the black notebook that was planted with them directly (in January 2000) and capitalized on by them hugely over the past 8 years. A copy of that is available for public viewing. Match Knowledge of a competitors price usually meant matching that price. Information exchanges are not … Per se legal…; their legality under the antitrust laws depends specifically on their effect upon [price/cost] competition. Q. Bonas: I’m trying to understand your thought process in arriving at the $50 figure, which I understand had, in part, to do with time spent …? A. In part. nytimes/2008/06/07/business/07nocera.html?pagewanted=2&_r=1&ref=business U.S. v Container, 393 U. S. 333 at page 337 (1969). Penne and Penne Realty, Inc., v. The Greater Minneapolis Area Board of Realtors, 604 F.2d 1143 (8th Cir. 1979). 03-03-99, Bonas’ Equity Deposition at page 45:10-14. BUDS (Partners) The United States Navys Sea, Air, and Land Teams, commonly known as the US Navy SEALs, are the U.S. Navys principal special operations force and a part of the Naval Special Warfare Command (NSWC) and SOCOM. SEAL is always capitalized in reference to members of the Naval Special Warfare community. The acronym is derived from their capacity to operate at sea, in the air, and on land. Reality won’t bode well for adversaries, violators and false friends – even kin. But that is irrelevant. They take zero from our work product. Doc, Inc. Nico Spears Rachael Vicari Angelica Galland Sandrine Crevecoeur Anthony Masters Philip Anderson William Hutton Greg Mathers Jeff Newman Jason Miller Joe Vaughn Mike Lamb More The few who understand the system will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages that [bankers’ cartel, with dark usury crimes, aka,] capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting the system is inimical to their interests (Kill Zone, p. 170). It’s an illegal tax, deeply corrupt; they call it “investing” – a cartel by definition: 000 Units of Counterfeit/ Paper Money Game of Chance DA 30% Rule 15c3-3 Ponzie-Cash Accounts Law of “Saving” Averages People “Save” Their Savings Im going to take … the diamonds off your wifes fingers... ... His brilliance and Robin Hood persona .... Lerach himself is not shy about his drinking. Scotch is my exercise, he told The New Yorker Robin’s Hood lawyer who terrorised corporate America March 05, 2010 John Grisham would have struggled to have invented a character as brilliant and unethical as Bill Lerach, says The Wall Street Journal. The lawyer who terrorised corporate America for three decades – portraying himself as a gladiator against boardroom chicanery – became a national symbol of corruption and greed himself in 2008 when he was jailed for one of the longest-running legal scams in history. Going head-to-head in public with Lerach – a flamboyant, sharp-elbowed showman – was to be avoided at all costs, says Forbes. Of Milberg Weisss targets, 90% settled out of court. His ability to milk popular sympathy was legendary. Ever since I saw the pain on my fathers face when he told me it how it felt to lose everything in the crash of 29, Ive never forgotten that when corporations commit fraud, ordinary people get hurt. But his brilliance and Robin Hood persona were undermined by a fatal tendency to let courtroom enmity spill into his private life – and vice versa, says the FT. He stopped at nothing in his quest to intimidate. Im going to take … the diamonds off your wifes fingers, he yelled at one CEO. Bitter executives on the receiving end of multiple lawsuits came to view getting L-rached as an occupational hazard. https://youtube/watch?v=MW5aDmQLqVY All Price Lit A Single - Bonding Common Denominator! The above witness was coached to feign somewhat compliance with textbook law of price instruction (cost elements), as all firms defending the breach do (in bad faith). The entire testimony, however, was perjured because the price was set by calling around and “matching” others’ prices – period: Q. Did you look at all at what other companies were charging? A. I did give consideration to what others’ were charging …. Q. What consideration did you give to that? A. Did an informal survey. Q. What did that informal survey entail? A. Calling competitors and asking, inquiring about their prices. Q. What did you discover? A. It was a very broad range, ranging from, as I recall, $30, $40, up to as high as $75 …. Q. Did you formulate any opinion as to what was customary in the market? A. There was a wide range, tough for me to pin it on any one number, but I felt the average was in the $50 range. Q Did that influence your decision in arriving at your $50 figure? A. It played a role in it, yes. Q. What role did it play? A. Well, certainly don’t want to, you know, put myself in a position of angering or making my client base unhappy. It’s clearly not something that I want to inflict on myself – that mistake of having a price that, you know, puts me in an adverse position with my client. “’The responsibility of … counsel … does not permit even the appearance of divided loyalties ….’” “Counsel’s fiduciary duty … includes reporting potential conflict issues.” Q. And what did you do in that review? A. I spoke with my regional managers about the … fee [prices], did sort of a sanity check, felt, “Hey, are we, you know, not doing the right thing? Are these fees out of line? Are they, you know, is anything wrong with them?” And we all felt in good faith that they were fine, that they were a portion of our associated costs, so I decided to leave the fees as they were because I thought and felt they were fine. “I Decided To Leave” “Sort of A Sanity Check” “You Know, The Right Thing” 03-03-99, Bonas’ Equity Deposition at page 45:10-46:9, at pages 101-102: 03-03-99, Bonas’ Equity Deposition at page 45:10-46:9, at pages 101-102: Kayes v. Pac. Lumber Co., 51 F.3d 1449, 1465 (9th Cir. 1995). RODRIGUEZ et al. v. WEST PUBLISHING CORP., et al;. ___ (9th Circuit Published). 03-03-99, Bonas’ Equity Deposition at page 45:10-46:9, at page 100.
Posted on: Sun, 07 Dec 2014 09:57:53 +0000
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