Replies to post #253 on Point Blank Solutions, Inc.(fka PBSOQ)

[mrholty]

Thanks for the review on this lawyer. Amazingly while an undergraduate I attended a lecture one evening where he was the guest. He presented himself and lawyers like him as ones that kept the greedy corporations and their boards somewhat honest.

Reading your note, his wikipedia bio, and a quick google image search brought it all back. At the time I was an undergrad majoring in Finance and looking at law as a field to go into. He spoke about how much time was spent going through the numbers to find where the bodies were buried.

While he set up a horrible deal for shareholders he atleast got them something. It can be hard to prove fraud/backdealing without a whistleblower quite often. I am not saying this case is like that as we had a whistleblower (Mr. Cohen) and mountains of proof back then. Usually, its hidden better and harder to uncover. Seems like he just wanted his fee.

I am happy I didn't go into law.