To: GeronL
Watching sharks in a feeding frenzy can be breathtaking....or greedy lawyers fighting greedy politicians. Then again how do you tell the difference?!
10 posted on
11/04/2003 9:06:57 PM PST by
blastdad51
(Proud father of an Enduring Freedom vet, and friend of a soldier lost in Afghanistan)
To: blastdad51
Nope its a tiger by the tail. The politicians thought they were being "cute" buy trying to place a dollar cap. They were fools, it is like playing with black magic. The courts do not look at the amount of the fee as to whether the parties had a knowing agreement. The politicians have to basically testify that they were ignorant as to what they were signing.
They SHOULD have made a sliding scale in which the percentages go down as the dollar amounts go up at each incrimnet. Perhasp 25% of the first 50 million and then 20% of the next fifty and so on. reaching a maximum minimum of 5% per 50 million. But hey, these politicians are soooooo smart.
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