Jared Loughner, the 22-year-old man accused of killing six people and wounding at least 15 others, including Congresswoman Gabrielle Giffords, outside a grocery store in Tucson, Arizona, has been denied bail and was formally appointed an attorney.
SUNDAY, 9 JANUARY 2011
After a mass shooting in Tucson, Arizona, left at least six dead and more than a dozen wounded, including Congresswoman Gabrielle Giffords (D-Ariz.), the politicization of the tragedy has already begun. And despite an absence of much concrete information on the shooter’s motives — who at this point appears to be a deranged leftist — efforts to demonize the Second Amendment and conservatives in general are already taking flight.
The Securities and Exchange Commission is preparing to investigate the State of California for alleged failure to disclose information on its enormous public pension fund. The Golden State will be the second ever to have enforcement actions taken against it by the SEC, after New Jersey was charged with securities fraud last year. The SEC is attempting to make the case that California’s public pension funds were a risky investment and that California misled the investors about the risk. If the SEC is able to prove their case, it may have an impact on the financial reporting of other public funds. The New York Times reports: