THE GREAT TARP LITIGATION ERA HAS STARTED

A Heck Of A Lot Of Bank Money To Buy One Of These!

The Wall Street Journal Blog has a “hot off the presses” article on the first indictment in this arena: ‘click’ ARTICLE.  It will not be the last.  I remain surprised at the apparent reluctance of shareholders and account holders  who have lost money either in loss of stock value or interest lost as a result of a takeover or closing who apparently have not called a lawyer to discuss the loss.  I guess the old statistics are holding true:  only 1 in 3 people who have a legitimate claim ever seek an attorneys advise and counsel regarding it.  Go figure.  All businesses go to a lawyer as soon as any matter gets a tad grey or a tad ‘hot’.