But earlier this morning, AP reported that MUM has hired the prominent Chicago law firm of Tellem, Tooh and Stickett to rebutt the Class Action Lawsuit.
--- In FairfieldLife@yahoogroups.com, "guyfawkes91" <[EMAIL PROTECTED]> wrote: > > APS 10/12/2008 > > At a press conference today a New York law firm Sue, Grabit and Runn > announced that they are acting for numerous aggrieved investors in a > class action lawsuit filed against Maharishi University of Management > (MUM) accusing them of gross incompetence in the management of > investor sentiment leading to the loss of trillions of dollars. > > Mr Sue claimed that they had evidence that one Dr John Hagelin leader > of the group of transcendental meditators at MUM was once a physicist > and should have known what he was doing. Stating "They've been saying > for years that playing this 'raising collective consciousness' game > was boosting the stock market and we all thought they were completely > nuts but totally harmless. Now it turns out that something called a > 'phase transition' can happen making the financial markets tank big > time. Well if they've got scientific evidence that they've been > influencing the stock market all these years then we're going to go > after them for every penny they've got" > > Mr Grabit commented "People just shouldn't be allowed to play mystical > influences on something serious like stock markets. This money is > ordinary people's retirement funds, life savings to get their kids > through college and pay large fees for legal advice. It means real > hardship for ordinary people if these mystics fuck up like they have. > They shouldn't be allowed to aim magical thinking at the New York > Stock Exchange unless they've proven their competence by magically > changing prices at the local Wal-Mart first" > > His colleague Runn said "Just today they made an announcement claiming > responsibility for the turmoil in the markets so I think we've got a > water tight case against them. We know they have land assets all over > the world, though some of it in India might be hard to pin down as the > ownership is in question, but we estimate we can get at least $3 > billion for our clients. Set that against the trillions that have been > lost and it's not much but at least we'll bankrupt them and they won't > do it again" > > Dr John Hagelin was unavailable for comment. >
