One man with a briefcase can steal more than ten men with guns

Another victory for class action lawyers, who yesterday announced a settlement of their client/shareholder’s suit against Wachovia and Wells Fargo Bank. The suit alleged that the price paid by Wells Fargo for Wachovia was unfair to shareholders so that class must have breathed a sigh of relief when they heard relief was at hand. As anyone familiar with class action suits will have already guessed, the terms of the settlement call for the lawyers to get $2 million and the shareholders will get a lifetime supply of 2009 Wachovia Bank calendars. I never should have quit practicing law.

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2 responses to “One man with a briefcase can steal more than ten men with guns

  1. Anonymous

    Plenty of legalized thieves out there: lawyers, politicians who impose taxes, bureaucrats who waste tax dollars, overpaid, nonproductive union workers

    Chronic frictions of cost of living or doing business anywhere

    • christopherfountain

      I know you’re just being kind, Anon, but don’t forget to add realtors to that list! if you don’t, Walt will.