Lee Pacchia of Bloomberg Interviews Abu Hamza On Trial, Wells Fargo Sued, Bingham Cuts Costsin Daily Scrounge
Bloomberg Law's Lee Pacchia runs through the week's most important legal news. Islamic cleric, Abu Hamza al-Masri, has been extradited from the United Kingdom to stand trial on terrorism charges in the United States. Also, US Attorney Preet Bharara sued Wells Fargo over allegations that the bank made reckless loans that caused hundreds of millions of dollars in losses to a federal insurance program. The show closes with a look at a developing trend among large law firms hoping to cut back-office costs.
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