Bellagio sues Stanford over gambling debt -- and his lawyer cracks wise
What does Stanford defense attorney Dick DeGuerin have to say about this? You're probably expecting a no comment -- or possibly a denial. Or maybe he'll refer the matter to someone else. Right?
Nope. In an e-mail to The New York Post, DeGuerin was about as any candid as you will ever see any lawyer get: "The Bellagio should sue the receiver. It's a valid debt and should be paid along with the others, but good luck in getting the receiver to do it. Maybe the Bellagio should revert to the time-honored method of Vegas debt collection and send someone to make the receiver an offer he can't refuse, or just break his legs."
Well then. I somehow doubt that -- with the losses from the alleged Ponzi scheme estimated to be running into the billions -- the receiver or any court or judge in the land will give a gambling debt priority over the honest people who lost money investing in what they thought were perfectly safe CDs.
Either way: Dick DeGuerin is now my favorite lawyer.