The bankruptcy trustee in charge of liquidating MF Global issued a report today that there "may be valid claims" against CEO Jon Corzine.
As a shadowy collection of the world’s power brokers gathers in Chantilly, Virginia, for the elite Bilderberg conference this weekend under unprecedented media scrutiny, activists from across the political spectrum are arguing that U.S. citizens attending the controversial confab are potentially committing a felony by violating the Logan Act. And while the chances of charges being brought anytime soon are probably slim, anti-Bilderberg protesters admit, more than a few critics of the meeting are still loudly calling for federal prosecutions to bring any and all perpetrators to justice.
The Florida judge overseeing the case of George Zimmerman, charged with second-degree murder in the February shooting death of Trayvon Martin, revoked bail and ordered the defendant to surrender himself to authorities within 48 hours. Prosecutors alleged that Zimmerman — who says he shot Martin in self-defense — had not revealed money raised from supporters through online donations, or the existence of a second passport. His defense team, however, said there was no intention to mislead the court.
The conservative think tank Cato Institute has announced its latest effort to hold local police accountable by establishing its National Police Misconduct Reporting Project. Its purpose is to “determine the extent of police misconduct in the United States ... and report on issues about police misconduct in order to enhance public awareness.”
However, the institute may be totally unaware that the project's apparently sensational presentation of police misconduct may be playing into the hands of those whose interest is in attacking the credibility of local police officers. By loosening those bonds of credibility, the argument for national control of local police authorities gains credibility. In Nazi Germany, that police force was called the Gestapo.
Several key witnesses in the shooting death of Trayvon Martin by Neighborhood Watch captain George Zimmerman have changed their original stories since first being interviewed by law enforcement, according to news reports about recently released evidence in the case. Some analysts cited in the media speculated that three of those revised accounts might hurt the shooter’s claims of self-defense as the second-degree murder prosecution goes through the Florida court system.
Experts in the field, however, have noted that later recollections — which could be impacted by external factors such as publicity, for example — are thought to be less reliable than earlier memories. And the addition of post-event information into the memory reconstruction process, normally unbeknownst to the person, is one reason why psychologists believe that eyewitness testimony can often be unreliable.
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.