Town Square

Post a New Topic

Judge dismisses suit over Lehman losses

Original post made on Nov 13, 2011

A San Francisco judge has dismissed a lawsuit brought by 12 San Mateo County school districts against the county seeking to recover about $20 million in losses due to the 2008 collapse of Lehman Brothers. Local districts lost about $4.6 million.


Read the full story here Web Link posted Sunday, November 13, 2011, 9:04 AM

Comments (5)

Posted by 1 percent, a resident of Atherton: other
on Nov 13, 2011 at 9:08 am

One percenters win again!


Posted by Jack Hickey, a resident of Woodside: Emerald Hills
on Nov 14, 2011 at 4:10 pm

The taxpayers are paying for this frivilous litigation. As of june 30, 2011 the County spent $615,492.70 for outside legal help to fend off the lawsuit by school districts. How much of the taxpayer's dollars did the districts spend?


Posted by Michael G. Stogner, a resident of another community
on Nov 14, 2011 at 5:50 pm

Who were the law firms hired by the County?


Posted by Jack Hickey, a resident of Woodside: Emerald Hills
on Nov 14, 2011 at 9:53 pm

S.F. based Keker and Van Nest.


Posted by R.Gordon, a resident of another community
on Nov 15, 2011 at 5:41 am

Somehow, the figures do not add up.
This is frivolous and silly.


If you were a member and logged in you could track comments from this story.

Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

The dress code
By Jessica T | 19 comments | 1,804 views

. . . People will never forget how you made them feel.
By Chandrama Anderson | 0 comments | 1,173 views

September food and drink goings on
By Elena Kadvany | 0 comments | 1,130 views

Anglo Menlo Park
By Paul Bendix | 0 comments | 641 views

Council election, and then some.
By Stuart Soffer | 5 comments | 449 views