In today’s NY Times, Joe Nocera lambastes Bill Lerach’s lack of remorse and notes that his crimes weren’t victimless. To which I would add: given that Lerach’s Portfolio defense of his crimes demonstrates that he lied in his sentencing letter to the court and the allocution he made, and given that Lerach got a reduced sentence under the Guidelines for “acceptance of responsibility” because of those false representations, why isn’t the government looking to make a criminal contempt or perjury charge? (We’ll give John Keker the benefit of the doubt that he didn’t know what was in Lerach’s heart when he falsely told the court “Mr. Lerach has stepped up and accepted responsibility.”) Surely Judge John Walter doesn’t condone this sort of thing.
If the government doesn’t step up here, it’s further evidence that they got rolled in their plea negotiation with Lerach.