Friday, October 17, 2008

St. Louis Bomb Blast: Economic Terrorism?

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Bomb Blast in St. Louis Parking Garage
Injures Prominent Takeover Attorney

As they hunt for the person(s) responsible for a Thursday morning bomb blast that injured John Gillis, investigators are likely considering the possibility the incident might somehow be linked to the current economic crisis. And for good reason.

Gillis, is senior counsel at Armstrong Teasdale, a large law firm based in downtown St. Louis, according to a St. Louis Post-Dispatch report published today. A bio page on the prominent law firm's web site attributes a number of "significant accomplishments" to the 69-year-old St. Louis attorney, including:

* Counsel to seller in $210 million sale of Nasdaq listed company in negotiated tender offer followed by a back-end merger;

* Counsel to seller in $500 million sale of Nasdaq listed bank holding company;

* Issuer's counsel in $50 million dutch auction self tender offer for common shares; and

* Counsel to boards of directors or special board committees in a number of negotiated and hostile takeover transactions.

Just after 11 a.m. yesterday, according to witness accounts, Gillis attempted to move a package from near his vehicle parked on the sixth parking level of a 16-story office building adjacent Gillis' condo-building home in Clayton, an affluent St. Louis suburb. As reported in this post yesterday, the bomb blast shook the downtown area and prompted evacuations of area buildings.

Considering the type of work Gillis has performed, the enormous amounts of money at stake and the heady personalities often involved in such high-stakes transactions, it will be interesting to find out whether or not this crime indeed has its roots in the economic crisis or if some other motivating factor — personal, professional, terrorism or other — was in play.

ALSO at Bob McCarty Writes: Bomb Explodes in St. Louis Parking Garage! (Updated)

by Bob McCarty
image: Bob McCarty Writes
Source: Does St. Louis Blast Have Ties to Economic Crisis?

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