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Thursday, October 18, 2007

Milberg Weiss and the Dems, Yet Again

A few weeks back, we posted a story about William Lerach's sentencing and plea agreement after being indicted on charges of conspiracy to obstruct justice and making false statements under oath. The story also briefly mentioned the link between Lerach and John Edwards, and more generally, the link between Lerach's old firm, Milberg Weiss, and the Democratic Party. Milberg Weiss has made substantial donations to the Democratic Party, even after very public federal investigations of the firm's aggressive and allegedly fraudulent strike suits, bribery, and kickbacks. As it stands, Milberg Weiss is accused of knuckling nearly $250M in strike suits, many of which were filed on the word of [bribed] plaintiffs.

Turns out that Milberg Weiss is still making large donations to the Dems for campaigns and the party's interests, and these donations are still being readily accepted, despite the scandal surrounding the firm.

A "necessary evil" in a nation where exorbitant amounts of cash are needed to run campaigns and a political party?
An ironic scandal--in a political environment where Democrats blast Republicans for seeking to limit class action suits and shield allegedly corrupt corporations, it turns out that Democrats were getting money from a top law firm extorting corporations and Jane Q. Shareholder and defending said law firm despite federal investigations?
Or is it just par for the political course?

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