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    Tuesday, October 04, 2005

    Corrupt Ethics To Say The Least

    David Sirota reveals in a post at Huffington Blog
    Miers did her best Ken Lay impression while heading a major Texas corporate law firm. That's right, according to the 5/1/00 newsletter Class Action Reporter, Miers headed Locke, Liddell & Sapp at the time the firm was forced to pay $22 million to settle a suit asserting that "it aided a client in defrauding investors."
    According to Sirota, in his research he found that while she was its' Managing Partner this was not the only time that the firm was involved in a scheme to "defraud" investors.
    Under Miers' leadership, the firm represented the head of a "foreign currency trading company [that] was allegedly a Ponzi scheme." The law-firm admitted that it "knew in March 1998 that $ 8 million in [the company's] losses hadn't been reported to investors" but didn't tell regulators. This wasn't an isolated incident, either. The Austin American-Statesman reported in 2001 that Miers' lawfirm was forced to pay another $8 million for a similar scheme to defraud investors. The suit, which dealt with actions the firm took under Miers in the late 1990s, was again quite troubling. As the 9/20/00 Texas Lawyer reported, Miers' firm helped a now-convicted con man "defraud investors and allowed the firm's [bank] account to be used as a 'conduit.'" The suit said "money from investors that went into the firm's trust account was deposited into [the con man's] bank accounts.
    No wonder King George nominated her for SCOTUS she is just as corrupt as the Bush family, the rest of his administration and the Republican Party. By having her on SCOTUS he has not only a chrony, but a Justice who will look out for the interests of the corporate world, and a supporter if/when Fitgeralds' investigation includes him any conspiracy charges he brings forth. MORE.....

    posted by canuk at 9:58 a.m.
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