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| US: SEC Lawyer Dismissed for a Donor?
by Ari Berman, The Nation
June 28th, 2006
Last year, the Securities and Exchange Commission (SEC) began investigating one of the nation's largest hedge funds, Pequot Capitol Management, for possible insider trading. Up until last summer, the inquiry was headed by SEC lawyer Gary Aguirre. His investigation proceeded smoothly, Aguirre claims, until he asked for testimony from former Pequot chairman and Morgan Stanley CEO, John Mack, a top Bush donor. |
| EU: Brussels to raise fines for cartels tenfold
by David Gow, The Guardian (UK)
June 28th, 2006
Companies found guilty of anti-competitive practices will face multibillion euro fines or more than 10 times the current tariffs for abusing their monopoly and taking part in cartels under draconian new competition guidelines adopted by the European Commission today. |
| US: Justices Reject Campaign Limits in Vermont Case
by Linda Greenhouse, The New York Times
June 27th, 2006
Vermont's limits on campaign contributions and on campaign spending by candidates are unconstitutional, the Supreme Court ruled on Monday in a splintered 6-to-3 decision suggesting that efforts to limit the role of money in politics might face considerable resistance in the Roberts court. |
| US: Environmental Groups Sue EPA Over Refinery Emission Standards
by Janet Wilson, The Los Angeles Times
June 21st, 2006
A coalition of national and community environmental groups has sued the U.S. Environmental Protection Agency to overturn a new rule that allegedly allows refineries and other industrial plants to emit higher levels of noxious chemicals when starting up, shutting down and experiencing equipment malfunctions, without informing area residents. |
| CHINA: Google must obey China law
by Verne Kopytoff, San Francisco Chronicle
June 9th, 2006
China's government reiterated on Thursday that foreign Internet companies such as Google Inc. must abide by its laws, which require censoring online material that is considered to be politically sensitive. |
| US: For Law Firm, Serial Plaintiff Had Golden Touch
by Julie Creswell and Jonathan D. Glater, The New York Times
June 5th, 2006
Mr. Vogel now says, according to a plea agreement with federal prosecutors, that he and members of his family were actually linchpins in a long-running arrangement that helped Milberg Weiss snare the lucrative lead counsel position in the Oxford Health and many other securities lawsuits, reaping hundreds of millions of dollars in legal fees. |
| US: Enron Prosecutor Questions Skilling's Story
by Vikas Bajaj and Alexei Barrionuevo, The New York Times
April 17th, 2006
A prosecutor tried to poke holes in the testimony of Jeffrey K. Skilling, the former Enron chief executive, today by boring in on stock sales he made in the months after he left the company and before the energy company declared bankruptcy. |
| US: The Enron Standard
by Lee Drutman, tompaine.com
April 13th, 2006
In a Houston courtroom this week, former Enron CEO Jeffrey Skilling took the witness stand to plead his innocence, telling jurors that “My life is on the line.” |
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