Thequestioniswhether the tensofbillionsofdollars being wasted onthe currentsystem are an acceptable costforkeepinga few bad lawyers, alongsidemanydecent ones, fromoffering their wares.
State prosecutors are getting help from an organized group of whistle-blowers in a widening investigation into whether banks overcharged public pension funds by tens of millions of dollars for foreign-exchange transactions.
The question is whether the tens of billions of dollars being wasted on the current system are an acceptable cost for keeping a few bad lawyers, alongside many decent ones, from offering their wares.