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Forum (Forum & Focus)

Dec. 19, 2008

Deja Vu All Over Again: Earlier Crises Can Guide Plaintiffs' Lawyers

Some of the important lessons from the savings and loan crisis, and even from Watergate, can guide today's plaintiffs' lawyers, writes Dan Mogin. - Forum Column

FORUM COLUMN

By Dan Mogin

The lessons of the savings and loan crisis and the junk bond markets resonate in the current financial crisis and the tsunami of litigation that looms ahead. Government agencies, investors, receivers, trustees and other stakeholders who hope to recover losses should look to the experience of the savings and loan crisis of the late 1980s and early 1990s for guidance - and we in California certainly had our share of that ex...

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