If this guy happens to be your attorney, you're in trouble. He's Reid Weingarten, defender of America's executive thieves.
He just helped Enron chief accountant Richard Causey cut a sweet deal that entails ratting on his former collegues, spending seven years in jail and paying the government a $1.25 million fine. Hard to say how good a deal that is when you consider that the maximum penalty for securities fraud is 10 years in prison and a fine of $1 million followed by three years of probation. (And why is the government getting so freaking rich off this, I want to know?)
Weingarten's other big-name client, former WorldCom CEO Bernard Ebbers, must be as pleased as Causey: Weingarten's efforts landed him a 25-year prison sentence for orchestrating an $11 billion accounting fraud that toppled the telecommunications firm three years ago.
Sweet.
I can only hope these two guys were facing the guillotine or something before Weingarten stepped in, otherwise they didn't get their money's worth.
Keep up the good work, Reid.
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