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Re: whocares19067 post# 251

Thursday, 05/26/2011 10:45:16 PM

Thursday, May 26, 2011 10:45:16 PM

Post# of 461
My condolences on your losses. I hope you get at least some of your money back. I am just not sure how all of that will play out at this point.

By the way, do you happen to remember the class action attorney described in the link below? He is a convicted felon. He is also the man who represented the DHB shareholders and crafted the $35.2 million settlement that contained illegal indemnifications of other convicted felons. The deal he struck was to allow a man, David Brooks, to steal the $186 million from DHB shareholders and pay back just $23 million of it (the other $12 million of the $35 million came from insurance policies) and walk away $160 million of the ill gotten gains. That is what the $35.2 milllion settlement was all about and that is why it had to be rejected and that is why David Cohen exhausted himself physically and financially for many years to get it stopped. It was illegal, immoral, etc. etc. to carve out that deal and COhen was the only one who ever tried to stop it. That settlement deal was simply one soon to be convicted felon washing the hands of another soon to be convicted felon and if they had gotten away with it one would have walked away with $160 million of other people's money and the other would have walked away with about $10 million of other people's money.

http://en.wikipedia.org/wiki/William_Lerach

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