Comments on: TARP money to settle shareholder class actions

By: Tom T.

Tom T. — Fri, 01 May 2009 16:43:41 +0000

This assumes that the TARP money will not be repaid, right? I.e., the subject company goes bankrupt?

By: John Burgess

John Burgess — Fri, 01 May 2009 12:51:06 +0000

Perhaps you cannot force a horse to drink, but an open trough will always attract pigs.

By: Bumper

Bumper — Thu, 30 Apr 2009 23:46:02 +0000

So Shakespeare was right all along.

By: Todd Rogers

Todd Rogers — Thu, 30 Apr 2009 21:00:09 +0000

This should surprise no one…ESPECIALLY readers of O/L. I admit to having this thought months ago. :-~ <—-Todd in deep thought 0 0 0 0 0 I wonder if Obama has figured out how much TARP money will be taxed-off to pay the enormous legal bills? Oh wait, he’s a lawyer, too?

By: PointOfLaw Forum

PointOfLaw Forum — Thu, 30 Apr 2009 19:05:05 +0000

TARP money to settle shareholder class actions…

Freelance journalist Dan Slater in the NYT’s “Dealbook” (via Above the Law) spies a “bailout for the plaintiff’s bar”: …settlements resulting from the scores of shareholder suits against TARP entities will stretch into the stratosphere. Sure, t…