tag:blogger.com,1999:blog-2447438783001404385.post3968746185073093351..comments2024-03-28T13:37:35.836-05:00Comments on Jackson Jambalaya: Billings Settles for $800,000 in Lamar Adams CaseKingfishhttp://www.blogger.com/profile/06184990110961727404noreply@blogger.comBlogger36125tag:blogger.com,1999:blog-2447438783001404385.post-84304477245130401382019-07-11T08:24:07.314-05:002019-07-11T08:24:07.314-05:00"Taggert settled with Ms. Mills for everythin..."Taggert settled with Ms. Mills for everything his client had available while leaving his client open to dozens of individual lawsuits." I doubt this was all he had. He also had enough to pay Taggert (I assume). It would not hurt to open a audit and examining Mills' (and families) various bank accounts including off shore. If funds are found hidden away, this is a de facto admission of knowledge of the fraud.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-89356673233951129252019-07-10T18:41:25.694-05:002019-07-10T18:41:25.694-05:00Ok. 1. Billings spent nearly all the commission mo...Ok. 1. Billings spent nearly all the commission money he received in the 4 or so years he defrauded investors. He was living high. Ms. Mills got everything she could out of him I’m certain as she was privy to his balance sheet. We aren’t. <br />2. There is nothing in this settlement which prohibits individual investors from suing Billings independently of the receiver. Taggart would’ve wanted and requested that but he didn’t get it. Everyone that Billings defrauded can sue him independently and their lawyers know that. This is not over for him. Years of litigation likely ahead. Taggart settled with Ms.Mills for everything his client had available while leaving his client open to dozens of individual lawsuits. Hmmm.<br />3. Not sure where the feds are, but Ms. Mills can’t indict. <br /><br />Done. Good stuff!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-25020484682278047802019-07-10T14:53:58.574-05:002019-07-10T14:53:58.574-05:00Not many lawyers commenting, which is a good sign....Not many lawyers commenting, which is a good sign. They're ethically bound to be discreet. But I'm betting safely that if you had access to the client list of every law firm in this area, or any other area, you would find more than a score of instances, or more, of the representation of clients who are less than stellar citizens. It may be a cheap thrill to mock Andy Taggart or one of the large firms, but I encourage the trollish ones hereabout to think, just once, before they comment on issues far beyond their expertise.<br /><br />I won't hold my breath, but I'm always delighted by signs of rationality. And I see such evidence a lot from KF and from a whole bunch of folks who comment here. I hope none of us ever needs a lawyer, but if you do you will be happy to have him or her. BTW, Ms Mills did the right thing, and Taggart should be complimented for working it out. Burkenoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-24320738263414073982019-07-10T14:37:33.500-05:002019-07-10T14:37:33.500-05:00@2:24. They aren’t just “black velvet slippers”. O...@2:24. They aren’t just “black velvet slippers”. OMG. They are Black velvet Louis Vuitton slippersAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-14317133078117513872019-07-10T14:24:28.836-05:002019-07-10T14:24:28.836-05:00Who, other than Tom Head, is the least bit interes...Who, other than Tom Head, is the least bit interested in black velvet slippers?Red Silk Smoking Jacketnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-19111548346623912512019-07-10T13:48:27.014-05:002019-07-10T13:48:27.014-05:00I am a math guy: Billings took in $3.5M over a pe...I am a math guy: Billings took in $3.5M over a period of 6 years. Let's assume he paid an effective 35% rate in federal and state taxes, leaving him with $2.275M, or approximately $380K/year on average (plus any other income he generated - unless he was exclusively hawking Adams' timber scheme). He settled for $325K in cash and a $500K promissory note. I would certainly hope that the receiver would have gone after most of his liquid assets as part of the up-front settlement, so that would imply that he probably has less than $500K in liquidity. <br /><br />I wouldn't know Billing if he sat in my lap, but based on what some others have posted here and elsewhere, it sounds like he is perfectly capable of spending $300K or more a year, so perhaps Mills actually did take Billings for most of what he is worth today. If that's the case, then those poor victims paid for his lavish lifestyle over the past few years, and there is precious little left to return to them. Damned shame.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-38335358885477116362019-07-10T13:39:06.135-05:002019-07-10T13:39:06.135-05:00Andy can make his money any way he wants and we as...Andy can make his money any way he wants and we as voters can make our choices any way we want. Sure, we can hold who Andy does legal work for against him. Do not compare a lawyer with a doctor. This still America for a few years more.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-7649676677867353972019-07-10T13:25:10.612-05:002019-07-10T13:25:10.612-05:00All this legal jargon and not one damn mention of ...All this legal jargon and not one damn mention of who gets the black velvet Louis Viton slippers....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-90881202657023386302019-07-10T12:52:20.371-05:002019-07-10T12:52:20.371-05:00Standing by for superceding indictments in 5, 4, 3...Standing by for superceding indictments in 5, 4, 3, 2, 1...Cynical Samnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-16070012311777315162019-07-10T11:58:55.091-05:002019-07-10T11:58:55.091-05:00100% agree, KF. Andy represented the client well....100% agree, KF. Andy represented the client well. And Mills was not a pushover. They both guaranteed a payment that may have otherwise been questionable. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-38959367559397384632019-07-10T11:45:19.590-05:002019-07-10T11:45:19.590-05:00Alexa Traffic Ranking
Rank in the United States as...Alexa Traffic Ranking<br />Rank in the United States as of July 10, 2019<br /><br /><i>Ranking calculated using a combination of average daily visitors to the site and pageviews on the site <b>from users in the United States</b> over the past month. Updated daily. </i><br /><br />Clarion-Ledger = 18,307<br />WLBT = 23,640<br />WTVA = 25,722<br />Jackson Jambalaya = 30,529<br />WAPT = 34,382<br /><i>The <b>"NONPARTISAN"</b></i> Mississippi Today = 35,206<br />Daily Journal = 42,479<br />WDAM = 43,016<br />Natchez Democrat = 45,470<br />WLOX = 46,372<br />WJTV = 48,374<br />WTOK = 62,723<br />Sun Herald = 85,084<br />Commercial Dispatch = 113,528<br /><i>The Tanking</i> Jackson Free Press = 125,198<br />Meridian Star = 134,150<br />Enterprise-Journal = 135,598<br />Hattiesburg American = 142,700<br />Oxford Eagle = 147,124<br />Starkville Daily News = 152,230<br />WCBI = 153,507<br />Mississippi Business Journal = 197,114<br />Y'allPolitics = 210,896<br />Daily Mississippian = 251,846<br />WGBC = 252,859<br />Mississippi Litigation Review = 276,013<br />Northside Sun = 301,311<br />WXXV = 304,700<br />Vicksburg Post = 337,540<br />MPBOnline = 345,933<br />Daily Leader = 371,600<br />Mississippi Gun Owners = 421,885<br />Primeaux's Better Chancery = 472,746<br />MSGOP (<i>RINO</i>) Radio, aka, SuperTalkMS = 477,710<br />News Mississippi = 574,997Jack Erratahttps://www.blogger.com/profile/14276328801381287619noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-76928778214927076032019-07-10T11:39:58.929-05:002019-07-10T11:39:58.929-05:00Crime doesn’t pay....Oh, wait, never mind.Crime doesn’t pay....Oh, wait, never mind.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-67907306425656364322019-07-10T11:25:38.834-05:002019-07-10T11:25:38.834-05:00What is going on with Seawright and Alexander? Th...What is going on with Seawright and Alexander? The only folks I know that invested did so through them, and they seem to be acting like not a care in the world. Was this all planned--for it to fall apart as it did, with no real consequences?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-23479528211484305422019-07-10T10:11:57.988-05:002019-07-10T10:11:57.988-05:00What is going on with that McHenry man? He ought t...What is going on with that McHenry man? He ought to be ready to settle after reading about this man's settlement.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-2795765548918090892019-07-10T09:56:23.881-05:002019-07-10T09:56:23.881-05:00would someone please explain to me why this billin...would someone please explain to me why this billings guy has not been indicted? if his defense is that "i just didn't know this was a ponzi scam".......well thats about as believable as the piano player in the whorehouse who says he doesn't know whats going on upstairs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-36976976642315440102019-07-10T09:44:26.521-05:002019-07-10T09:44:26.521-05:00I agree with 3:39. Allyson Mills is way too smart ...I agree with 3:39. Allyson Mills is way too smart to give this type of a deal without getting valuable information in return. She got what she could out of Billings, with all of the collection problems that presents, along with a bunch of information about the law firm defendants. That is where the Real Recovery lies.<br /><br />KF, I don't think anyone is saying that Michael Billings did not have a right to representation. I think the sentiment, one with which I agree, is that it is all right not to vote for Andy Taggart as Attorney General. I'm certainly not a fan of the other Republican candidates for that office, but the idea of electing the attorney for Michael Billings to be in charge of consumer protection in the state of Mississippi is very troubling.Macy Hansonhttps://www.blogger.com/profile/16201522944058021761noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-4958785370557722262019-07-10T09:26:26.881-05:002019-07-10T09:26:26.881-05:00One used to hope your child would be a doctor or l...One used to hope your child would be a doctor or lawyer. Sadly, the legal profession has allowed itself to lower their standards of representation such that becoming a lawyer commands little to no respect due to all the ambulance chasers. Taggart's website doesn't mention practicing criminal law, so perhaps he needed the billings to run for AG.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-3476157433031690842019-07-10T09:24:58.013-05:002019-07-10T09:24:58.013-05:00KF- you're missing the point. No one put a gun...KF- you're missing the point. No one put a gun to Tag's head and made him represent this low life. I'm a member of the MS Bar, and I (thankfully) have the ability to accept or reject prospective clients. There's fair representation, and then there's advocating for some POS to get him off the hook for way less than he deserves. I understand judicial economy, and that "time is money", but the plea here seems pretty disproportionate to the crime committed. Not that any of the money he helped steal is still around... Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-72300708821938768042019-07-10T09:21:39.327-05:002019-07-10T09:21:39.327-05:00How does this receiver make decisions on criminal ...How does this receiver make decisions on criminal consequences? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-36663333165840439472019-07-10T09:01:15.651-05:002019-07-10T09:01:15.651-05:003. Promissory note to repay $500,000. However, Bi...3. Promissory note to repay $500,000. However, Billings can cancel debt if he repays $187,500 in 1 year, $250,000 in 547 days, or $312,500 in 730 days. <br /><br />Am I reading this correctly, that he owes $500,000, BUT he can cancel that debt if he strokes a check for $187,500 in year one? Basically meeting any one of those benchmarks will allow him to pay a lesser amount? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-86459268747180772682019-07-10T08:58:55.027-05:002019-07-10T08:58:55.027-05:00Billings screwed some pretty wealthy people who st...Billings screwed some pretty wealthy people who still hold a grudge....wonder if this now opens the path for litigation of the screwees against the screwer?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-43920994878953757622019-07-10T08:16:40.535-05:002019-07-10T08:16:40.535-05:00Incredible. It would seem that even if he WAS able...Incredible. It would seem that even if he WAS able to make everyone completely whole, that jail time would be the end result.....is there more to this story KF? Did he give up the really good stuff on BS or BD? This story is sickening if Lamar is the fall guy for it all. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-55654396135516235522019-07-10T08:08:19.078-05:002019-07-10T08:08:19.078-05:00That's just dumb and shows what is wrong with ...That's just dumb and shows what is wrong with America. What you going to do? Vote against a doctor or CPA who runs for office based upon their patients or clients? <br /><br />Everyone has the damn right to representation, period. That's one of the things America was founded on, the #metoo crowd and Harvard notwithstanding. Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-17814817104309743802019-07-10T08:00:11.214-05:002019-07-10T08:00:11.214-05:00Mills folded like a wet napkin-Mills folded like a wet napkin-Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-1326436835423550632019-07-10T07:46:29.677-05:002019-07-10T07:46:29.677-05:00I hope he didn’t spend it all on Mercedes, Prada a...I hope he didn’t spend it all on Mercedes, Prada and handbags. Dried upnoreply@blogger.com