Michael Tracey
๐ค SpeakerAppearances Over Time
Podcast Appearances
I've always found it perversely amazing that this whole aspect of this story is never mentioned because it's led to such things as this gross inflation of the total number of victims.
I've always found it perversely amazing that this whole aspect of this story is never mentioned because it's led to such things as this gross inflation of the total number of victims.
You're saying that there's financial incentives.
You're saying that there's financial incentives.
Well, no.
Well, no.
I don't think it's, no, it's not a contingency fee set up for this.
I don't think it's, no, it's not a contingency fee set up for this.
They got the judge to approve.
They got the judge to approve.
a 30% earmark of the resulting settlement funds to be given over for attorney's fees.
a 30% earmark of the resulting settlement funds to be given over for attorney's fees.
So it wasn't a contingent based on the client.
So it wasn't a contingent based on the client.
It was that the judge approved 30% of the overall settlement.
It was that the judge approved 30% of the overall settlement.
But if you have a set of criteria that are so lax, I mean, J.P.
But if you have a set of criteria that are so lax, I mean, J.P.
Morgan had even more lax criteria than the Epstein estate, which basically allowed anybody who ever came within two football fields of Jeffrey Epstein to file a claim against him and get a few million dollars tax-free.
Morgan had even more lax criteria than the Epstein estate, which basically allowed anybody who ever came within two football fields of Jeffrey Epstein to file a claim against him and get a few million dollars tax-free.