It's estimated that the total legal tab for the largest bankruptcy in U.S. history may well top $1 billion.
It's not hard to figure out why: In one month, a single attorney charged $2,100 for limo services. Another $263,000 was billed for photocopies over a four-month period. Leaving a message came in at a mere $48.
At least one segment of the American economy--bankruptcy lawyers--seems to be making out like bandits in the Great Recession.
3 comments:
Legal Tab for Lehman Bros. Bankruptcy: $1 Billion+ is too much
lawyers pick over the bones like vultures and charge exorbitant rates to do so. Who is going to pay their tab and what voice is left to defend the stockholders. 1B - come on!
same with my country Indonesia..many problem not solv about corupted. that's not extraordinary $1 Billion. In my country people corupted till $10 billion
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