Whatever happened to Tort reform?
Reader comment on: The One Best Idea

Submitted by Scott Baker, Apr 26, 2007 13:26

This was supposed to be one of Bush's pledges - to cut down on the groundless lawsuits brought about by lawyers on any company whose stock drops significantly. And yet, as a self-directed investor, my mailbox continues to fill with lawyers' enticements (there is no better word for it) to be included in class action suits. Even when the settlement would be mere pennies. Even when I haven't lost any money (I most be the only person who actually made money on Enron). Even when no matter how carefully and diligiently I fill out the paperwork, collect the necessary forms, at my own expense - they still disinclude me in the settlement. Hmmm, it seems someone else is profiting from all these lawsuits. Not the shareholders. Not the company. Could it be...the lawyers?

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Other reader comments on this article

Comment	By	Date
e corporate lobby has really done a fantastic job of convincing people that class actions aimed at stopping corporate fraud... [MORE]	Marc	May 3, 2007 20:32
This was supposed to be one of Bush's pledges - to cut down on the groundless lawsuits brought about by...	Scott Baker	Apr 26, 2007 13:26
Isn't the decline in NYC's relative position a reflection of the decline of the US dollar and economy?Generally creditor nation's... [MORE]	Jim	Apr 26, 2007 09:14