Law and disorder

CNN: The fall of America's meanest law firm. Milberg Weiss, the lawsuit factory that took corporations for $45 billion, is in the feds' cross hairs. Fortune's Peter Elkind reports on the saga. Milberg Weiss indicted for allegedly paying $11.4M kickbacks.

CNN: Spitzer settles with several in Brooklyn mortgage fraud ring. NY attorney general says mortgage fraud ring ruined credit of minority homebuyers while profiting handsomely from scam. Four defendants - Isaac Katz, Yoel Silberstein, Shaya Saks and Theodore Welz, all of Brooklyn - agreed to settle by paying nearly $1.8 million to help compensate victims and accepting increased oversight of, or restrictions on, their activities. Spitzer is seeking fines, restitution and other penalties from the other defendants.