News Roundup 9.14.09

When the judge hearing your case starts quoting Oscar Wilde, you can be pretty damn sure you’re screwed from that point forward.  Just ask Bank of America. [Dealbreaker]

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Might as well go out with a bang—and a yacht: Wells Fargo has fired an SVP in charge of foreclosed commercial properties for throwing a few bashes at a vacant $12 million Malibu beach home—including one rager in which guests were escorted to the house by private yacht.  Sort of makes that bag full of extra highlighters you stole from your firm when you found out you were getting laid off seem less exciting, no? [Los Angeles Times]

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Oh, we do hope you’re sitting down:  A groundbreaking recent study by a “director of a project at UCLA law school” finds that law students who fail the bar exam have a difficult time making ends meet initially after law school, “never catch[ing] up to their lawyer peers.”  The director cautions that the results of the study should serve as a cautionary tale to law schools, suggesting that, “[a]t the very least, law schools owe it to their prospective students to provide candid information about the risks of attending law school.”  May we suggest they start here. [ABA Journal]

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Rod Blagojevitch more terrifyingly stupid than originally thought… [Gawker]

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…but at least he’s not the most hated man in the music industry.  After last night, anyway. [Defamer]

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Let’s see: You’re a lawyer.  You’re appearing in front of a judge who you think is a useless idiot.  You have a blog. With your name plastered all over it.  You write on your  blog that this judge is an “evil, unfair witch.” Now….guess what happens?  No, really, guess.  Come on, take a guess.  [New York Times]