Much as this Court predicted on the 15th of this month, the banks involved in the Orazio Lembo scheme are being forced to admit the disaster is far bigger than they wanted everyone to think.
Now word has leaked that there are at least forty law firms and collection Squaliformes on the list of willing participants that have been found thus far.
Stand by for them to play deaf, dumb and blind while they try to pin the whole thing on Lembo.
And don't count on the news media to go after and expose the lawyers who are actually behind the scheme (and have been for years). No telling how much credit/financial damage could be done to a reporter (or blogger) who outs these Squaliformes.
One other prediction: The industry lap-dogs at the FTC will tsk-tsk and make a lot of noise but won't put a single one of the firms out of business.
If they appear in this court, they'd be strung up after their assets had been liquidated and the proceeds distributed to the victims.
The Honorable Judge Roy Bean.
Monday, May 23, 2005
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