Facebook founder Mark Zuckerburg will find himself in court once again over yet another shareholder lawsuit. This time, shareholders have filed a lawsuit against Facebook and several banks, including Morgan Stanley, asserting that the defendants have “concealed a weakened growth forecast prior to the high-profile IPO,” reports Fox News. And the litigation has prompted the United States Congress to take a closer look at Facebook.
Leftist Harvard law professor Alan Dershowitz says special prosecutor Angela Corey should drop the second-degree murder charge against George Zimmerman, the Hispanic man who shot Trayvon Martin on Feb. 26 in Sanford, Florida.
The evidence that Zimmerman told the truth when he said Martin attacked and tried to kill him, Dershowitz wrote in the New York Daily News, is too much to ignore. And the only right thing for the prosecutor to do, he concluded, is forget about nailing Zimmerman for murder.
As Congress drags its feet on charging disgraced Attorney General Eric Holder with contempt for unlawfully covering up the deadly “Fast and Furious” gun-running scandal, a respected documentary maker decided to create Blood on Their Hands, a film exposing the Obama administration’s crimes. Activists and analysts celebrated the news, calling it a positive step forward in getting to the truth about the weapons-trafficking scheme that saw the U.S. government arm violent Mexican drug cartels using American tax money.
JPMorgan Chase's $2 billion trading loss has predictably generated calls for more bank regulation. But one free-market advocate, Dan Amoss of the Daily Reckoning made this suggestion: "Here’s an idea: it’s called 'capitalism.' Take away the subsidies and bailouts for banks, along with the regulatory red tape. If they want to blow themselves up, fine — but losses would fall on the risk managers making those decisions and bank shareholders, not taxpayers or depositors…."
The trial of the five men accused of participating in the planning of the attacks of September 11, 2001 began before a military tribunal at Guantanamo Bay on May 5.
House Republicans are inching closer to issuing a contempt citation against disgraced Attorney General Eric Holder for scandals surrounding the Obama administration’s deadly weapons-trafficking operation “Fast and Furious.” But in recent days, the Department of Justice implausibly insisted that it cooperated with the congressional investigation.
Oversight Committee Chairman Darrell Issa (R-Calif.) and other Representatives, however, disagree, saying the executive branch has been engaged in a cover-up from the start. Still, no final decision has been made yet on whether or not to proceed with formal contempt charges against Holder or other senior officials.
But progress is being made — albeit, slowly. A draft resolution released publicly on Thursday has already been circulated among senior lawmakers for review. And if the administration continues to obstruct justice, further action is widely anticipated.
In typical fashion, the Federal Bureau of Investigation revealed that five self-styled left-wing anarchists arrested late Monday for allegedly trying to blow up a bridge near Cleveland were actually shepherded through every step of the supposed plot by government agents. The FBI later claimed nobody was ever in real danger because the federal government gave the alleged “terrorists” fake bombs.
The five anti-capitalist dupes — most of them in their twenties — ostensibly sought to attack the bridge in an effort to send a message and hurt the “One Percent.” Apparently they were disillusioned with the so-called “Occupy Wall Street” movement for not being violent enough in its effort to kill what little remains of the free-market system.
As a task force appointed by Gov. Rick Scott meets Tuesday to examine Florida’s “Stand Your Ground” law in the wake of the Trayvon Martin shooting, a separate panel convened by a Democrat State Senator is seeking major policy changes to address perceived problems with the popular self-defense measure. Both task forces included prosecutors, law enforcement and defense attorneys.