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Harriet Miers at Center of Investment Fraud (Slander alert)
Worldnetdaily.com ^ | 10/05/2005 | Jerome Corsi

Posted on 10/06/2005 10:22:32 AM PDT by SirLinksalot

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To: SirLinksalot; jrlc

Erxleben was punter in the NFL and Jerome's little smear job of a Christian lady is beyond contempt.


21 posted on 10/06/2005 10:53:34 AM PDT by jla (I support 'Aunt Harriet')
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To: SirLinksalot

This is a problem - all other idealogical considerations aside, I would never support a Democrat SC pick for this reason alone, why should I support a Republican pick under the same circumstances?


22 posted on 10/06/2005 10:55:53 AM PDT by ExpatCanuck
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To: Rodney King
if a black kid robs someone of a few hundred bucks, they get longer in jail than people who steal millions

Off topic, but in cases like this it's not about the money. Someone who steals millions in a ponzi scheme or fraud is only stealing money. Someone who robs a person of a few hundred bucks and gets a long sentence is usually doing so at knife or gun point. That's what brings the long sentence, not the amount of money.

23 posted on 10/06/2005 10:57:34 AM PDT by green iguana
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To: SirLinksalot

This whole process is beginning to resemble a knife-dropping contest.


24 posted on 10/06/2005 10:58:20 AM PDT by Old Professer (Fix the problem, not the blame!)
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To: Rodney King
84 months? One legitimate complaint that Jesse Jackson et. al. have is the fact that if a black kid robs someone of a few hundred bucks, they get longer in jail than people who steal millions.

I am not EXCUSING illegal behavior but the folks that embezzle millions of dollars don't usually use bodily harm or the threat thereof during the commission of a crime. Person to Person robberies are almost always violent.

25 posted on 10/06/2005 10:59:19 AM PDT by msnimje (If you suspect this post might need a sarcasm tag..... it does!)
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To: Libertina

These type of Ponzi schemes involving currency, mobile billboards, pay telephones, etc. prey upon, and have had a devastating effect on, the elderly and their retirement accounts.

I do not know ANY of the circumstances relating to the allegations contained herein. However, this is a potential red flag and I hope that Ms. Miers is questioned under oath regarding it. She may have to assert attorney-client privilege regarding such, but this is a matter which should not be overlooked in a knee jerk reaction against those damn "plaintiffs" lawyers.

When your mom loses half or more of her savings because of some slick salesman leading her in prayer just before leading her to her checkbook, you'll be calling one.


26 posted on 10/06/2005 11:00:10 AM PDT by disraeligears
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To: Libertina

These type of Ponzi schemes involving currency, mobile billboards, pay telephones, etc. prey upon, and have had a devastating effect on, the elderly and their retirement accounts.

I do not know ANY of the circumstances relating to the allegations contained herein. However, this is a potential red flag and I hope that Ms. Miers is questioned under oath regarding it. She may have to assert attorney-client privilege regarding such, but this is a matter which should not be overlooked in a knee jerk reaction against those damn "plaintiffs" lawyers.

When your mom loses half or more of her savings because of some slick salesman leading her in prayer just before leading her to her checkbook, you'll be calling one.


27 posted on 10/06/2005 11:00:29 AM PDT by disraeligears
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To: Rodney King
Now, it is possible that there were red flags, and associates going to Meirs telling her of the illegal work. If that is the case, then that would be a problem. But absent that, we can't assume that the illegal work of one partner should be blamed on her.

While I agree with your thesis, the problem is the magnitude. One would think that a case involving that much money would be quite visible to a managing partner in the firm, perhaps requiring signature authority.

28 posted on 10/06/2005 11:00:47 AM PDT by Carry_Okie (There are people in power who are REALLY stupid.)
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To: Rodney King

Thanks for your fairness.


29 posted on 10/06/2005 11:01:49 AM PDT by Howlin
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To: Mamzelle

Incoming.

It will be interesting to see "who" takes the bait.


30 posted on 10/06/2005 11:02:32 AM PDT by Howlin
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To: Carry_Okie
While I agree with your thesis, the problem is the magnitude. One would think that a case involving that much money would be quite visible to a managing partner in the firm, perhaps requiring signature authority.

Not if all the lawyer in question is doing is writing a few memos. No reason why the firm would even be aware the memos were being written.

31 posted on 10/06/2005 11:03:24 AM PDT by Rodney King (No, we can't all just get along.)
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To: sinkspur
Corsi is smearing an entire firm for the actions of one partner.

I wonder if Joe Farah vetted this............LOL.

32 posted on 10/06/2005 11:03:28 AM PDT by Howlin
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To: SirLinksalot
Any comments/thoughts/rebuttals welcome.

Comment: A freaking disgraceful article.

Thought: Corsi should be ashamed of himself.

Rebuttal: There is nothing to rebut, he attempts to slime the lady through association and provides none, nada, zip evidence of Miers complicity.

33 posted on 10/06/2005 11:05:43 AM PDT by jwalsh07
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To: ExpatCanuck

Don't wait for the facts.

Follow Farah down the rabbit hole.


34 posted on 10/06/2005 11:06:00 AM PDT by Howlin
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To: SirLinksalot

The defendant had to pay 28 million in restitution, and the firm agreed to pay 22 million, all for a 33 million dollar fraud -- so shouldn't that have pretty much meant that no investor would be "out of their life savings?" from this? Shouldn't that 50 million been enough to cover the 33 million invested?

What am I missing here?


35 posted on 10/06/2005 11:07:45 AM PDT by CharlesWayneCT
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To: SirLinksalot
Trust, but verify. That motto seems more applicable in the present case. Mr. President: Please withdraw this dreadful nomination. There are highly qualified conservatives with stellar credentials who merit your consideration.


So.......before we find out whether this is a smear, let's dump the nominee anyway???? Talk about self-contradicting advice.
36 posted on 10/06/2005 11:08:14 AM PDT by macamadamia
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To: Howlin

Howlin:

I appreciate your humor regarding Mr. Farah, but securities fraud, whether perpetrated by a broker-dealer, individual registered reperesnetative, registered investment advisor, or your run of the mill insurance agent, is an extremely serious problem in this country which occurs substantially under the radar, and in many instances, goes either unpunished, or substantially undercompensated under our self-regulatory securities system.

For me, it is morally reprehensible as someone going into your house while you are away and stealing everything valuable to you, and then making your retirement years, a time in which you and your spouse have worked hard, believing in the American dream, an empty shell of what might have been, leading many a good, trusting person, to living a squalid existence during their last days on this earth.

This type of activity is no laughing matter, and Ms. Mier's involvement, if any, in her firm's relationship to this former football's business should be put under the microscope.


37 posted on 10/06/2005 11:14:04 AM PDT by disraeligears
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To: SirLinksalot
There was a thread about this three days ago. There is no reason to believe Miers had anything to do with the matter that gave rise to the claim against her firm. It was and is a large law firm, and it is unfair to associate every partner in the firm with this matter.

As far as the firm entering into a $22 million settlement, this is what I posted in the earlier thread:

This is a pretty large settlement, but it is likely most of the money came from the firm's malpractice carrier. The simple fact of life is that when a firm's client loses (or steals) money he has raised from third party investors, often the only way for those investors to get anything back is to sue the law firm and/or the accounting firm. These are usually the only "deep pockets" around. Resolving such suits is considered, to some extent, a cost of doing business.

Interestingly, a large legal malpractice insurance company reported in 2004 that a study of legal malpractice awards and settlements in excess of $20 million showed there were 32 such cases, of which 26 involved a dishonest client of the firm who had raised investment money from third parties.

38 posted on 10/06/2005 11:16:53 AM PDT by blau993 (Labs for love; .357 for Security.)
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To: disraeligears

I prefer to wait for the facts from an UNBIASED source -- you know, somebody who doesn't actively disparage Bush a every turn.


39 posted on 10/06/2005 11:20:26 AM PDT by Howlin
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To: macamadamia

This might provide the easy out for all parties. It is certainly more devastating than talking about a coke can and a pubic hair.


40 posted on 10/06/2005 11:23:06 AM PDT by stevestras
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