Quote of the Day: This Guy Must've Made It Rain -- A Lot!

Doug Arntsen took a plea for stealing $10M of Crowell & Moring's money. What does firm management have to say about it?

We regret the harm caused by Douglas Arntsen to our clients and our firm and are pleased Mr. Arntsen has acknowledged his crimes with a guilty plea.

Crowell & Moring’s managing partner, Ellen Dwyer, commenting on ex-associate Douglas Arntsen’s guilty plea after he stole more than $10 million from the firm’s clients. Arntsen reportedly spent the money on fancy restaurants, sporting events, strip clubs, and purchasing various businesses, including a laundromat and cookie and potato chip distributorships.

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