A lawyer at Baron & Budd thinks the funds’ managers should have been grabbier about money. (Jonathan D. Glater, “Suits Contend Mutual Funds Fail to Collect in Settlements”, New York Times, Jan. 19). More commentary on suit: Securities Litigation Watch, Jan. 25 (via 10-b5 Daily).
Chronicling the high cost of our legal system
Cato Institute
Individual liberty, free markets, and peace: the world's premier libertarian think tank. Publishes Cato at Liberty, where I blog on contemporary policy issues.
Schools for Misrule
Get your copy today! My new book tackles the question of why so many bad ideas come from the law schools. "Cutting-edge commentary, hard-hitting, witty, astute." -- Publisher's Weekly. "Excellent... A fine dissection of these strangely powerful institutions" -- Wall Street Journal.