The (In)Justice Department stinks from Los Angeles to New York. It's a coast-to-coast source of injustice. $50 million? I've seen that amount before. Yes, it's what a Houston US Attorney wants from BP! Wait, doesn't BP make $22 billion a year? What do the Feds allege was Millberg Weiss (MW) comparable amount? Why might the Feds indict MW? Why not Mayer Brown, see my 22 and 27 December 2007 posts. Don't tell me no AUSA wants to work for MW and say, at least a dozen seek positions at Mayer Brown. No, no, no! Don't think such a thing. For shame, not to believe all federal employees only look out for the public's welfare.
During the "infamous" 1994-95 OJ trial, Barry Scheck cross examined Lakshmanan Sathyavagiswaran (LS), Los Angeles County Coroner, who said at various times, one, two then one knife was used to kill Nicole Simpson and Ron Goldman. Scheck asked LS what new facts came to his attention to make him change his mind back to his original position. At that point LS turned to Marcia Clark in stupified silence! Beautiful cross examination. Perry Mason, 1957-66, or my father, now deceased, also an attorney, couldn't have done it better. This was right out of Francis Wellman's The Art of Cross Examination, 1903. A classic. Buy a copy, it's available in paperback. Read, enjoy, think. Scheck ended his cross examination without having his question answered. Why raise this now? Mike Garcia (MG), assuming you are merely incompetent, why not indict Lazard and the Lazard bankers for securities fraud? Let them explain what new facts came to their attention during the eight days in question. I think they have the burden of production, similar to that in a tax evasion prosecution using the "net worth reconstruction" method. Hey MG, here's the reference: Holland v US, 348 US 121 (1954). Now MG, the maxim of jurisprudence is: if the reason is the same, the rule is the same. Got it Mike? Get going! Do something for the public for a change. Tell us how it feels. PS Mike: US means it's a Supreme Court case. It's authoritative.