September 10, 2007

A lengthy piece by Ameet Sachdev in yesterday's Chicago Tribune grants me a soundbite:

"This is a very inefficient way to get Pfizer to donate money to charity," said Ted Frank, a resident fellow at the American Enterprise Institute, a conservative think tank. "The lawyers got $20 million to give $20 million to charity. That's a pretty big commission."

I've written at length about the problems of cy pres, as has Walter.