Posts filed under “Legal”
From the Wall Street Journal:
The Libor manipulation scandal has ensnared at least 17 financial institutions and 28 individuals in a wide-ranging investigation spanning 11 countries and four continents. So far, it has netted at least $5 billion in penalties, with more on the way. Below, we’ve taken the most complete list of allegedly involved parties, compiled by WSJ reporters and editors, and mapped an extensive web of connections that reveals the depth of the alleged conspiracy. Connections do not represent allegations of wrongdoing. The Journal has attempted to contact every institution and individual mentioned in this graphic.
Click for an interactive graphic.
NSA Spying On “Metadata” Is As Bad As Listening to the Content of Our Phone Calls … Or WORSE Why Spying On Metadata Is Even MORE Intrusive than Listening to Content The government has sought to reassure us that it is only tracking “metadata” such as the time and place of our phone calls, and…Read More
500 Years of History Shows that Mass Spying Is Always Aimed at Crushing Dissent It’s Never to Protect Us From Bad Guys No matter which government conducts mass surveillance, they also do it to crush dissent, and then give a false rationale for why they’re doing it. For example, the U.S. Supreme Court noted in…Read More
What It Really Means The NSA pretty much admitted to spying on Congress this week. It’s not the first time. David Sirota notes: When I asked U.S. Rep. Alan Grayson (D-Fla.) if the NSA was keeping files on his colleagues, he recounted a meeting between NSA officials and lawmakers in the lead-up to a closely…Read More
Here is the latest scam: A call comes in from 415-230-2734 — this is “Internal Revenue” calling. Not IRS, or the full name. San Francisco proper calling NY? No way. I return the call, get someone with an Indian accent. Do it again 3X, getting a different person with an Indian accent each time.They always…Read More
From Bloomberg: The federal minimum wage was raised to $7.25 an hour in July 2009. Among the states, Washington has the highest minimum wage at $9.19, it rises to $9.32 on Jan 1, 2014. Georgia and Wyoming have the lowest minimum wage: $5.15, although in those cases, the federal minimum wage of $7.25 supersedes the…Read More
Tonight on Frontline: To Catch a Trader.
FRONTLINE correspondent Martin Smith goes inside the government’s ongoing, seven-year crackdown on insider trading, drawing on exclusively-obtained video of hedge fund titan Steven A. Cohen, incriminating FBI wiretaps of other traders, and interviews with both Wall Street and Justice Department insiders.
RBS Pays $600 Million for Manpulating Interest Rates … But Big Banks Are Manipulating EVERY Market to the Tune of Trillions of Dollars Bloomberg reports today: Royal Bank of Scotland Group Plc was ordered to pay $50 million by a federal judge in Connecticut over claims that it rigged the London interbank offered rate. RBS…Read More
Painting by Anthony Freda: www.AnthonyFreda.com How Many Constitutional Freedoms Have We Lost? This post explains the liberties guaranteed in the Bill of Rights – the first 10 amendments to the United States Constitution – and provides a scorecard on the extent of the loss of each right. (This is an updated version of an essay…Read More