Stimulating Lawyers Incomes

[Geee]

Powerline:

STIMULATING LAWYERS’ INCOMES

As a lawyer, I am generally happy to see my fellow lawyers make money. But do they really need help from the government to do it, in the form of “stimulus” payments? I didn’t think my opinion of Obama’s “stimulus” program could fall any lower until I saw this:

An international law firm, which gave substantial political donations to President Obama and fellow Democrats over the last three campaign cycles, received its own significant stimulus award to advise on a controversial Department of Energy loan transaction with a struggling electric vehicle manufacturer.

The firm, Debevoise & Plimpton LLC, received $1,842,180 in Recovery Act funds to provide legal advice, conduct due diligence, and review documents for two loans from DOE’s Advanced Technology Vehicles Manufacturing Loan Program.

Did you have any idea that stimulus money was going to Wall Street law firms? I didn’t.