Michael W. Lynch - former Chairman of McCook Metals - files legal papers in Chicago Federal Court disclosing the judicial ''Bribery Fund'' uncovered during McCook Metals bankruptcy proceedings.

CHICAGO -- On May 22, 2006, former McCook Metals Chairman Michael W. Lynch filed legal papers disclosing alleged evidence of judicial corruption in Federal and State Court in Chicago.

Additionally, in a written letter to U.S. Attorney Patrick Fitzgerald, Lynch outlines the details of how several Federal and State Court Judges in Chicago control funds allegedly earmarked as payment to judges in exchange for favorable verdicts on behalf of General Electric Commercial Finance (GECC) and law firm Seyfarth Shaw.

Lynch, in his role as Chairman of McCook Metals, was a visible and vocal opponent of the Alcoa and GE monopolies - which, according to Lynch, seek to acquire US manufacturing competitors, downsize operations, and outsource production. GECC - and Lynch's one-time council Seyfarth Shaw - allegedly used bribery tactics to force McCook Metals, an Alcoa competitor and champion of the American worker, into bankruptcy - and to personally persecute Lynch, who is fighting stridently against the judicial corruption in Chicago.

Through the Independent Federal Fund Oversight Committee (IFFOC) of Topeka, Kansas - Lynch hired a Federal Auditor to investigate the McCook Metals bankruptcy records and proceedings. The evidence alleges the following was uncovered:

1)   U.S. Chief Judge Eugene R. Wedoff is personally overseeing a $39
     million "bribery fund" via the McCook Metals bankruptcy estate.

2)   McCook Metals was never sold to French aluminum company Pechiney.

3)   Judge Wedoff admitted he was still receiving residuals from his
     former employer, law firm Jenner & Block.

4)   Jenner & Block represented Pechiney in its contested acquisition
     of McCook Metals - and currently represents General Electric
     Commercial Finance (GECC).

5)   GECC was a lender to McCook Metals and United Airlines.  Judge
     Wedoff was the bankruptcy judge in both matters.

6)   Lynch issued subpoenas to U.S. Trustees Joseph Baldi and David
     Leibowitz for turnover of financial records and tax returns.
     Judge Wedoff blocked the Lynch acquisition of those documents.

7)   Judge Wedoff refused to remove U.S. Trustee David Leibowitz due
     to conflicted representation.  David Leibowitz's daughter, Debra
     Gordon, is a partner at Seyfarth Shaw.

8)   Judge Wedoff refused to recuse himself despite being a defendant
     in a Federal Lawsuit (case number # 06 C 2500).

9)   Judge Wedoff refused to read an affidavit signed by a Federal
     Agent and submitted to the court on May 18th 2006 documenting the
    "Bribery Fund" and Judge Wedoff's active participation.

10)  Judge Wedoff issued a "Denial of Motion" in his orders - with no
     written explanation as to why he did so.

11)  All of the McCook Metals and Scottsboro Aluminum manufacturing
     plants are in Alcoa plants.

12)  Judge Wedoff refused to allow Lynch to pursue his litigation
     claim against Alcoa and the Pension Benefit Guaranty Board (PBGC)
     for the unfunded pension obligations at McCook Metals. Alcoa,
     pursuant to its acquisition of Reynolds Metals, was responsible
     for those unfunded pension monies via successor liability
     provisions under ERISA laws. The same successor liability holds
     true for United Airlines. Judge Wedoff, despite current ERISA and
     bankruptcy laws, allowed Alcoa and GECC to discharge their
     pension obligations to the PBGC - placing the responsibility for
     accruing these funds on taxpayers.

13)  Judge Wedoff refused to allow Lynch to investigate the wiretaps'
     that Seyfarth Shaw installed at his home, offices, and
     manufacturing plants.

14)  Judge Wedoff protected General Electric from liability in the
     McCook Metals liquidation, despite overwhelming evidence that
     GECC conspired with Seyfarth Shaw to force McCook Metals into
     bankruptcy.

15)  Judge Wedoff issued an August 2nd, 2005 Memorandum of Opinion
     stating that Seyfarth Shaw never represented Michael Lynch.

16)  Judge Wedoff refused to report to the U.S. Attorney's office that
     GECC had installed a "mole" into the McCook Metals organization.
     The "mole", Robert Rulman, testifies in Judge Wedoff's courtroom
     that he was placed into the McCook organization by GECC to
     provide information on Lynch's anti-trust activities against
     Alcoa.

17)  Judge Wedoff refused formal discovery requests by Michael W.
     Lynch for evidence that was being intentionally withheld by
     Seyfarth Shaw and General Electric Corporation.

18)  Judge Wedoff refused to allow testimony on the bribery monies
     received by McCook insiders and attorneys John Kolleng and Dean
     Vanek.

19)  Judge Wedoff issued sua sponte orders - via Seyfarth Shaw - to
     State Court Judge Nudelman preventing Michael Lynch to represent
     himself pro se litigant in an attempt to hide the crimes
     committed in his courtroom.

20)  Judge Wedoff stated on the record that the US Supreme Court does
     not have jurisdiction in his courtroom.

21)  In October 2005, Judge Wedoff ruled on his own "Motion to Purge"
     and a "Motion to Intervene" - refusing to remove himself from
     proceedings in both instances.

22)  Judge Wedoff participated in ex parte communications with other
     Federal judges - and lawyers Michael Shakman of Miller, Shakman &
     Beem (best known for the "Shakman Decree" in Chicago), Steve
     Novak of Novak & Macey, Peter Woodford of Seyfarth Shaw, Richard
     Hirsh, Robert Fishman of Shaw Gussis and U.S. Trustees Joseph
     Baldi and David Leibowitz.

23)  Michael Lynch's law firms - Cummins & Cronin, Murphy & Hourihane,
     and Childress, Duffy & Goldblatt are participants in the "Bribery
     Fund".

Mr. Lynch and his team have submitted the above evidence to the appropriate civil and criminal legal authorities.