In 1990 I obtained from Bill Bertain a copy of the civil complaint against defendants Milken, MAXXAM, Hurwitz, Drexel Burnham Lambert, Boesky, Salomon Brothers, Pacific Lumber, and others.
I sent it to Attorney General John Van de Kamp, then Attorney General, State of California, noting as follows:
"Reviews by attorneys indicate there may be a basis for criminal complaint warranting review and possibly action by the Attorney General's office.
"If the allegations detailed in the civil complaint are valid, Pacific Lumber was illegally taken over by a group of unscrupulous predators, and that company should revert to its original ownership. Justice would be better served by that outcome than by rewarding predators through purchase."
Months later I was told that my letter was being reviewed by the AG's San Francisco office.
But 1990 was an election year. In November Dan Lungren was elected Attorney General, and I heard no more about any AG investigation of the matter.
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In Print This Week:
May 19, 2016
vol XXVII issue 20
The North Coast Journal Weekly
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