Skip Navigation

Dr. Manhattan More

Dr. Manhattan is the pseudonym of a lawyer in New York City who represents, among others, clients in the investment management industry. He started blogging in early 2002, when the entire NYC-based blogosphere could gather in one room (which they often did). In between his frequent retirements, he blogged about politics, baseball, Israel and autism (especially vaccine-related matters) at blissfulknowledge.com. With the regulatory system up for grabs, for this project he has decided to try the novel approach of blogging about matters which bear some relationship to the topics that come up in his day job (within the strict limits of professional obligations, of course). In case anyone was wondering, none of his opinions expressed on this blog are necessarily those of his clients, employer or colleagues.

Further proof of God's existence (Madoff edition)

By Dr. Manhattan
Feb 5 2009, 8:00 PM ET Comment

When it comes to drawing faith and solace from the headlines, I had thought nothing could top the news that Eliot Spitzer had lost money through Madoff.


But with the recent release of the complete list of Madoff's direct victims by the bankruptcy court, that news has some serious competition:




On the list are Melvyn Weiss and David Bershad, former partners in the famous Milberg Weiss law firm.  The word "former" stems from the fact that those men, not satisfied with being among the leading practitioners of legal extortion class-action securities litigation, are now based in federal prison for kickback scandals.  The email I received containing this information labeled it with the following heading: "Choose Your Own Punchline."


But fear not: you can't keep a plucky plaintiff's firm down, especially for one of the few instances where the actual conduct outstrips what is usually alleged:


Ironically, the lawyers' former firm, now named Milberg LLP, has been one of the most active plaintiff's firms in rounding up Madoff victims for litigation. It has more than 100 victims already signed up, a spokeswoman says.

 

Presented by

More at The Atlantic

The Myth of Energy Independence: Why We Can't Drill Our Way to Oil Autonomy The Myth of Energy Independence
'State of the WaPo' Watch: Two Articles Worth Reading The State of the Washington Post
The agony of Nabeel Rajab The Plight of Bahrain's Activist Leader
The Fearlessness of Jeremy Lin The Fearlessness of Jeremy Lin
What Matters in President Obama's 2013 Budget What Matters in President Obama's 2013 Budget

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.
blog comments powered by Disqus
Special Report
Submit Your Photos of America at Work AP Submit Your Photos of America at Work
Send us your images of friends, family, and neighbors on the job. We'll publish the best. Read more ›
View All Correspondents

The Biggest Story in Photos

Athens in Flames

Feb 13, 2012

Subscribe Now

SAVE 59%! 10 issues JUST $2.45 PER COPY

Facebook

Newsletters

Sign up to receive our free newsletters

(sample)

(sample)

(sample)

(sample)