Louis Borsellino vs Goldman Sachs

[Dr. Zhivodka]

That's what I was thinking. Thx


BTW: I like the "Adolf Spitzer" gloss.

Quote from shortswing:

If the RICO statute ultimately has anything whatsoever to do with legal proceedings in this dispute I'll eat my hat.

 

[murray t turtle]

Quote from Avalanche:

i belive this has been under dispute for quite some time, no?

================
Yes.

And Lewis settled with Putnam/Townsends in 1998;
in 2000, found some new evidence , sued again.

Dont know about Lewis vs GS.

 

[Sioux]

Do you have a link to the suit?

 

[AAAintheBeltway]

Quote from Dr. Zhivodka:

Thanks for that rundown.

But just so I'm clear and for my own edification....LB can't file a RICO case against GS, right? That power is resevred for the State in Criminal cases only, right?

No, you're wrong. There is also a civil RICO. It's use against legitimate organizations is a bit controversial in legal circles, but it can be done. You have to prove a pattern of certain specified illegal activities like extortion or fraud. There is a big payoff if you win, triple damages as I recall.