From: Zhang, Yangkun (Yangkun.Zhang@FMR.COM)
Date: Thu Sep 21 2000 - 14:55:55 PDT
That should have read Prop 200, the "no-fault" initiative, not 103. :-)
103 was the anti-market prop that Nader supported. (What did you expect from
Note that Nader (rather, his boy Harvey Rosenfield) also fought
Prop 201, the "strike suit" initiative. This was to discourage ill-founded
securities suits (while allowing the real ones to proceed). It's a racket
that's been plaguing high-tech companies in particular.
Prop 202, the "contingent fee" initiative. This would have kept a lawyer
from taking more than 15 percent in cases where the initial "demand letter"
resulted in a quick settlement. The goal: to leave more money in the
victim's pocket -- and encourage settlements.
> As for Nader--he's a damned lawyer, and an ANTI-CONSUMER one at that. I'm
still pissed at > him over screwing Prop 103--re: auto insurance reform.
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