As we noted yesterday, the Washington Post gave confessed criminal conspirator William Lerach — the progenitor of class-action excesses — a full column to attack corporate executives while dismissing his own felony, pending prison time and $8 million punishment as the result of mere “overzealousness.” Our argument can be summarized like this: Urrrgggh.
Mark Tapscott at The Examiner has a nice editorial this morning on the same subject, “Lerach’s sermon on the way to jail.”
Out of more than 1,500 words lambasting greedy Fortune 500 executives, Lerach devoted only four sentences to his Sept. 18 admission in federal court to having conspired, according to his plea deal, “beginning on or before 1981 and continuing through at least 2002 … to obstruct justice by corruptly influencing, obstructing and impeding, and endeavoring to influence, obstruct and impede the due administration of justice in lawsuits filed and litigated in the courts of the United States.”
A two-decades-plus conspiracy that netted Milberg Weiss, Lerach’s firm, some $200 million in tainted fees? Trivial…
Nobody disagrees that corporate bad guys caught with their hands in the till ought to face the full force of the law. What Lerach conveniently ignores is the fact that nobody within or without corporate boardrooms can be held accountable when the law itself is being systematically subverted and abused by people who pose as courtroom heroes while getting rich by obstructing the courts of justice. This fact will not be erased by Lerach’s artful clamoring about others’ alleged sins or even by past or future campaign contributions perhaps given with an eye toward someday securing a pardon.
More from Ohio accountant Tom Blumer at Newsbusters.org.
Latest posts by NAM (see all)
- Manufacturers Win Several Website Design Awards - June 15, 2011
- China Makes Commitments on Trade, Intellectual Property - December 16, 2010
- ITC Details Widespread Theft of Intellectual Property in China - December 14, 2010