"On Feb. 23, 1995, Obama billed 2 hours and 50 minutes for an appearance before Judge Ruben Castillo on behalf of his client, and also for reviewing some documents in advance of a deposition. That cost Citibank — which ultimately had to pay the winning side’s fees —$467 at Obama’s hourly rate of $165."<quoted text>
Of the nearly million-dollar settlement, three clients got a grand total of $60,000, while the rest of the clients got coupons.
What happened to the rest of the money?
Looks like the attorneys, starting with Obama, got the redistributed wealth, while the clients got the shaft.
It’s a great example of how broken the class-action tort system is, and how it can force businesses to adopt bad economic policy while benefiting no one except the lawyers.
It’s also a great example of the media’s utter failure in the 2008 election to take a serious look at Obama’s track record.
Why didn’t this come out?
Even John Edwards’ law practice got some scrutiny in 2004 and 2007, before Edwards’ candidacy imploded in scandal.
Looks like Racist obummer likes to f*ck the blaks
So, CitiBank paid the attorney fees.
I guess that makes you a dumbass and a liar. Added to you being a racist f*ck.
There were a total of 186 in that class action part.