tag:blogger.com,1999:blog-1519969502186924526.post4141044837424761889..comments2023-10-24T08:00:53.865-05:00Comments on Federal Tax Crimes: The Daugerdas Indictment - Part #2 - It's About the Money / GreedJack Townsendhttp://www.blogger.com/profile/14469823736335455874noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1519969502186924526.post-53147929880967806052013-11-05T09:01:17.956-06:002013-11-05T09:01:17.956-06:00Thanks for the reply. It did go under as a firm, b...Thanks for the reply. It did go under as a firm, but given that the firm earned so much from illegal income, I should think the government could have gotten back some of it from the partners personally-- including those partners who had left for other firms.Eric Rasmusenhttp://rasmusen.org/noreply@blogger.comtag:blogger.com,1999:blog-1519969502186924526.post-51382549927164870542013-11-04T08:37:45.088-06:002013-11-04T08:37:45.088-06:00J&G went under as a result of this fiasco. Wh...J&G went under as a result of this fiasco. While I don't know the dynamics of all that occurred, I think the Government squeezed as much out as it could, given the fact that J&G had obligations to a lot of others.<br /><br /><br />Jack TownsendJack Townsendhttp://www.tjtaxlaw.com/noreply@blogger.comtag:blogger.com,1999:blog-1519969502186924526.post-74570011568874107582013-11-04T07:24:19.771-06:002013-11-04T07:24:19.771-06:00Jenkins & Gilchrist got some $230 million in ...Jenkins & Gilchrist got some $230 million in swag from these crimes, we think, having helped (with, surely, civil liability though not criminal) to steal about $1.5 billion, and they paid back some $76 million in a deal with the government. That sounds like an awfully good deal for them. Why was the government so generous with them? No doubt it's hard collecting money from a law firm that's dissolved, but all that money did go somewhere, and wouldn't it be worth spending $10 million extra to get more of it back?Eric Rasmusenhttp://rasmusen.org/noreply@blogger.com