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	<title>Overlawyered &#187; TARP</title>
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	<link>http://overlawyered.com</link>
	<description>Chronicling the high cost of our legal system</description>
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		<title>TARP money to settle shareholder class actions</title>
		<link>http://overlawyered.com/2009/04/tarp-money-to-settle-shareholder-class-actions/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=tarp-money-to-settle-shareholder-class-actions</link>
		<comments>http://overlawyered.com/2009/04/tarp-money-to-settle-shareholder-class-actions/#comments</comments>
		<pubDate>Thu, 30 Apr 2009 18:56:27 +0000</pubDate>
		<dc:creator>Walter Olson</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[class actions]]></category>
		<category><![CDATA[securities litigation]]></category>
		<category><![CDATA[TARP]]></category>

		<guid isPermaLink="false">http://overlawyered.com/?p=10878</guid>
		<description><![CDATA[<p>Freelance journalist Dan Slater in the NYT&#8217;s &#8220;Dealbook&#8221; (via Above the Law) spies a &#8220;bailout for the plaintiff&#8217;s bar&#8221;: &#8230;settlements resulting from the scores of shareholder suits against TARP entities will stretch into the stratosphere. Sure, through TARP, taxpayer money may be used to pay off mortgages and fund bonus pools. But, in what will [...]</p><p><a href="http://overlawyered.com/2009/04/tarp-money-to-settle-shareholder-class-actions/">TARP money to settle shareholder class actions</a> is a post from <a href="http://overlawyered.com">Overlawyered - Chronicling the high cost of our legal system</a></p>]]></description>
			<content:encoded><![CDATA[<p>Freelance journalist Dan Slater <a href="http://dealbook.blogs.nytimes.com/2009/04/29/another-view-a-bailout-for-the-plaintiffs-bar/">in the NYT&#8217;s &#8220;Dealbook&#8221;</a> (via <a href="http://abovethelaw.com/2009/04/non-sequiturs_042909.php">Above the Law</a>) spies a &#8220;bailout for the plaintiff&#8217;s bar&#8221;: </p>
<blockquote><p>&#8230;settlements resulting from the scores of shareholder suits against TARP entities will stretch into the stratosphere.</p>
<p>Sure, through TARP, taxpayer money may be used to pay off mortgages and fund bonus pools. But, in what will amount to a far more expensive proposition, TARP money will also be used to line the pockets of allegedly aggrieved shareholders and the lawyers who, wrapped smugly in the flag of corporate governance, are in the process of making a billion-dollar cottage industry out of filing strike suits. </p></blockquote>
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	Tags: <a href="http://overlawyered.com/tag/class-actions/" title="class actions" rel="tag">class actions</a>, <a href="http://overlawyered.com/tag/securities-litigation/" title="securities litigation" rel="tag">securities litigation</a>, <a href="http://overlawyered.com/tag/tarp/" title="TARP" rel="tag">TARP</a><br />
<p><a href="http://overlawyered.com/2009/04/tarp-money-to-settle-shareholder-class-actions/">TARP money to settle shareholder class actions</a> is a post from <a href="http://overlawyered.com">Overlawyered - Chronicling the high cost of our legal system</a></p>]]></content:encoded>
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		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Barney Frank and the healthy TARP banks</title>
		<link>http://overlawyered.com/2009/03/barney-frank-and-the-healthy-tarp-banks/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=barney-frank-and-the-healthy-tarp-banks</link>
		<comments>http://overlawyered.com/2009/03/barney-frank-and-the-healthy-tarp-banks/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 14:16:05 +0000</pubDate>
		<dc:creator>Walter Olson</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Barney Frank]]></category>
		<category><![CDATA[Massachusetts]]></category>
		<category><![CDATA[TARP]]></category>

		<guid isPermaLink="false">http://overlawyered.com/?p=9747</guid>
		<description><![CDATA[<p>As Thom Lambert (via Larry Ribstein) makes clear, the Massachusetts Democrat either doesn&#8217;t understand the nature of the bank program, or does understand it and has chosen to demagogue the issue anyway (cross-posted from Point of Law). Tweet Tags: banks, Barney Frank, Massachusetts, TARP</p><p><a href="http://overlawyered.com/2009/03/barney-frank-and-the-healthy-tarp-banks/">Barney Frank and the healthy TARP banks</a> is a post from <a href="http://overlawyered.com">Overlawyered - Chronicling the high cost of our legal system</a></p>]]></description>
			<content:encoded><![CDATA[<p>As <a href="http://www.truthonthemarket.com/2009/03/11/because-barney-frank-knows-better-how-to-woo-high-end-bank-clients/">Thom Lambert</a> (via <a href="http://busmovie.typepad.com/ideoblog/2009/03/welcome-to-the-rentseeking-economy.html">Larry Ribstein</a>) makes clear, the Massachusetts Democrat either doesn&#8217;t understand the nature of the bank program, or does understand it and has chosen to demagogue the issue anyway (cross-posted from <a href="http://www.pointoflaw.com/archives/2009/03/barney-frank-an.php">Point of Law</a>).</p>
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	Tags: <a href="http://overlawyered.com/tag/banks/" title="banks" rel="tag">banks</a>, <a href="http://overlawyered.com/tag/barney-frank/" title="Barney Frank" rel="tag">Barney Frank</a>, <a href="http://overlawyered.com/tag/massachusetts/" title="Massachusetts" rel="tag">Massachusetts</a>, <a href="http://overlawyered.com/tag/tarp/" title="TARP" rel="tag">TARP</a><br />
<p><a href="http://overlawyered.com/2009/03/barney-frank-and-the-healthy-tarp-banks/">Barney Frank and the healthy TARP banks</a> is a post from <a href="http://overlawyered.com">Overlawyered - Chronicling the high cost of our legal system</a></p>]]></content:encoded>
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		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>How to save the financial markets</title>
		<link>http://overlawyered.com/2009/03/how-to-save-the-financial-markets/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=how-to-save-the-financial-markets</link>
		<comments>http://overlawyered.com/2009/03/how-to-save-the-financial-markets/#comments</comments>
		<pubDate>Mon, 09 Mar 2009 13:42:10 +0000</pubDate>
		<dc:creator>Ted Frank</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[TARP]]></category>

		<guid isPermaLink="false">http://overlawyered.com/2009/03/how-to-save-the-financial-markets/</guid>
		<description><![CDATA[<p>Larry Ribstein has an idea. Tweet Tags: TARP</p><p><a href="http://overlawyered.com/2009/03/how-to-save-the-financial-markets/">How to save the financial markets</a> is a post from <a href="http://overlawyered.com">Overlawyered - Chronicling the high cost of our legal system</a></p>]]></description>
			<content:encoded><![CDATA[<p><a href="http://busmovie.typepad.com/ideoblog/2009/03/time-to-disinvest.html/">Larry Ribstein has an idea</a>.</p>
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	Tags: <a href="http://overlawyered.com/tag/tarp/" title="TARP" rel="tag">TARP</a><br />
<p><a href="http://overlawyered.com/2009/03/how-to-save-the-financial-markets/">How to save the financial markets</a> is a post from <a href="http://overlawyered.com">Overlawyered - Chronicling the high cost of our legal system</a></p>]]></content:encoded>
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