Thursday, December 01, 2005

The mighty are falling: 'No one is untouchable'

Two crimes, lots of money, two punishments. In court news ...

The Illinois Supreme Court has suspended former Ald. Edward "Fast Eddie" Vrdolyak's law license for 30 days after finding that he omitted and misrepresented his legal fees from a federal class-action lawsuit in which he was awarded $411,674 in fees for representing a client.

The suspension, a first for the 67-year-old attorney who has twice been censured by the court, will go into effect Dec. 13.

Meanwhile ...

Millionaire insurance czar Michael Segal--who had hobnobbed with the rich and powerful in Chicago, jetted to the Cannes Film Festival, and even had his dog, Snoopy, feast off his plate at renowned steakhouse Gene & Georgetti--was sentenced to 10 years in prison for looting $30 million from his insurance company.

Guess which money-man got this rebuke from the judge:

"No one is untouchable, especially in this town. There is no immunity in Chicago for anyone, not for the so-called big shots, not for anyone else."

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