Wow. What a witness list. Anybody who was anybody in the Armstrong debacle is there. This includes The Weasel, Motoman, Ferrari, Celaya, LAs ex Kristin, Sheryl Crow, Phat Pat, Verbruggen, all the usual suspect riders at USPS (Hamilton, Hincapie et al) and Betsy Andreu.
We now have a pretty good handle on the amount of damages being claimed. The lawsuit says that in total USPS paid out $40,520,765.83 from 1998 to 2004. They say after June 10, 2000 they paid $32,321,821.94 which is the amount they claim is available for triple damages. They are also claiming penalties which is between $5,500 and $11,500 each count.
Here is a summary, with any errors and omissions excepted,
1. Funds before June 10, 2000 $ 8,198,943.89
2. Pre & post judgement interest - Don't know rate
3. Funds after June 10, 2000 - trebled (gross) $ 96,965,465.82
(This will depend on either a gross or net calculation - I have done gross)
4. Unjust enrichment - Armstrong, approx. $ 17,800,000.00
5. Pre & post judgement interest on unjust enrich. - Don't know rate
6. Unjust enrichment - Bruyneel+Tailwind, approx $ 22,700,000.00
7. Pre & post judgment interest on unjust enrich. - Don't know rate
8. Penalties per count - I did not calculate
9. Costs - Don't know at this stage
10. Lawyers fees - Don`t know at this stage
Total (without interest, costs, legal fees and penalties), approx. $145,664,409.71
It looks to me that with interest, costs, legal fees and penalties the judgment could be $200 million easily. I also do not know if all the damages would be cumulative. Perhaps a US lawyer with experience in qui tam suits could tell us.
But the Gov. has claimed Armstrong is jointly and severally liable for the whole amount, whatever it is, which means regardless of what he actually received he would be personally liable for the whole amount!!!!!!
If I have got anything wrong please do not hesitate to correct my calculations.
This lawsuit, presumably open to the public, should be televised if possible. It would turn OJ into a grade B movie.