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Subprime: The Sequel
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December 11, 2009, 02:43 PM
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From today`s LA Times, more Tarantinoesque events in LA`s expensive suburbs:

Authorities declared the death of a prominent L.A. attorney shot in the head outside his Rolling Hills Estates home a homicide and said they were now scrutinizing his casework for potential clues.

Detectives have already interviewed Jeffrey Tidus` family and business partners at Baute & Tidus, a downtown Los Angeles law firm specializing in civil litigation, to help them identify any cases or incidents that could have spurred conflict.

Los Angeles County sheriff`s Lt. Dave Dolson said that the motive for the Monday evening shooting remained unclear and that his investigators had not ruled out anything from a targeted killing to an unplanned confrontation [which happens all the time in Palos Verde].

"At this point we are certain it is a murder," Dolson said.

Tidus, 53, represented many high-profile corporate clients, including New Century Financial, a subprime lender that saw three former officers charged this week with securities fraud. Tidus and his wife also own several toy stores.

The toy store business is notoriously cut-throat, especially this time of year, so I`m sure that`s the real story here.

Jill Stewart of the LA Weekly has a more vivid description:

Rumors gripped the Los Angeles legal community today after the shocking fatal shooting Monday, in posh Rolling Hills Estates, of attorney Jeffrey A. Tidus. He was killed just hours after top executives at a firm Tidus represented, New Century Financial, were accused of fraud by federal regulators.

The bizarre timing has powerful attorneys in Los Angeles buzzing about why and how Tidus died. ...

Tidus was discovered by his wife about 8:30 pm on Monday, after she heard a single gunshot. She found him slumped behind a Prius outside their home in the 4600 block of Sugarhill Drive in Rolling Hills Estates, a leafy suburb of Los Angeles in which violent crime is rare and horse trails crisscross the pricey estates and neighborhoods.