"It turns out that the legal system is a lot tougher on shareholder lawyers than it appears to be on Wall Street executives," [lamented Bill Lerach in a statement that, incredibly, purported to take personal responsibility]. We doubt WorldCom's Bernie Ebbers, serving not two but 25 years, agrees." See the full editorial here. [subscription required]
Wall St. Journal Editorial: Lerach Gets Two
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| Isaac Gorodetski Project Manager, Center for Legal Policy at the Manhattan Institute igorodetski@manhattan-institute.org |
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| Bridget Carroll Press Officer, Manhattan Institute bcarroll@manhattan-institute.org |



