Is Miers firm under criminal investigation?

[Maraya1969]

© 2005 WorldNetDaily.com


In defense of Harriet Miers, the White House has argued that she was not personally involved in the legal work done in various investment scams involving Locke Liddell lawyers while she was co-managing the firm. Taking a close look at the record provides a strong basis that at best Ms. Miers was negligent in her management of the firm. <snip>


When the suit was filed, co-managing partner Harriet Miers acted as spokesperson of the firm.

"Locke Liddell has done nothing improper and in our judgment never should have been named as a defendant," she stated, as reported by the Class Action Reporter, Nov. 3, 1999, as posted on Bankrupt.com. Six months later, on April 15, 2000, the Austin American-Statesman reported that Locke Liddell agreed to pay $22 million to settle the investor's suit out-of-court.<snip>

Evidently, Harriet Miers and the Locke Liddell management committee did not conduct an internal review even after AFI closed its doors.


How is it possible that Harriet Miers could co-manager Locke Liddell through a period rocked by one investment scam scandal after another without demanding an exhaustive internal review to assure safeguard procedures would be put in place to prevent the firm's lawyers from participating in fraudulent investment schemes? When we look at Exerleben's AFI Ponzi scheme, Stearn's Trans-Global Asset Management bond fraud and Ernst & Young's tax scam, all three have one element in common. Central to each investment scheme was the Locke Liddell opinions and representation that said the deal was legitimate. Two of the deals have already been proven in federal criminal court to have been professional con jobs. Was Locke Liddell so hungry for large fees that professional standards of ethical legal representation had become unimportant when Harriet Miers was at the helm?


The record strongly supports the contention that Harriet Miers was negligent in managing Locke Liddell. The firm has paid $30.5 million in settlements already to defrauded investors who produced exhibits showing Locke Liddell's complicity in the investment scams. We don't know yet how the Ernst & Young investigation will turn out. How negligent does the manager of a law firm have to be before the problem is not negligence, but instead, outright fraud?

http://worldnetdaily.com/news/article.asp?ARTICLE_ID=46863

[texpatriot2004]

1. Is it? nt

[Maraya1969]

2. Oh sorry, I think that headline was misleading. I just copied it.

One of those tabloid type of titles I'm afraid.

[Muddy Waters Guitar]

3. Bloomberg also published such questions about Miers law firm

If she's not being actively investigated, she should be.