Madoff Probe, Gitmo Detainees' Future Home and Charges in New York Firefighter Deaths
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European Countries May Take Detainees » European nations have begun intensive discussions both within and among their governments on whether to resettle detainees from the U.S. military prison at Guantanamo Bay, Cuba, as a significant overture to the incoming Obama administration. — Washington Post
Regulator Let IndyMac Bank Falsify Report» A senior federal banking regulator approved a plan by IndyMac Bank to exaggerate its financial health in a May federal filing, allowing the California company to avoid regulatory restrictions only two months before it collapsed, a federal inquiry has found. — Washington Post
3 Men Indicted in New York Tower Blaze, But Not The City» Manhattan's district attorney announced manslaughter charges yesterday against three construction supervisors and a subcontractor, saying their gross negligence in dismantling the former Deutsche Bank building played a critical role in the deaths of two firefighters who responded to a blaze there in 2007. Prosecutors chose not to seek criminal charges against New York City, despite assertions that its lapses also played a role in the tragedy, citing legal obstacles to such a case. — New York Times
Probe Eyes Audit Files, Role of Aide To Madoff» Investigators probing the alleged fraud carried out by Bernard Madoff are looking at a key lieutenant at the firm and have issued a subpoena to the accountant who audited the firm's financial statements, seeking documents going back to 2000. Meanwhile, one of Madoff's biggest investors explicitly warned his clients of the danger that his brokerage "could abscond with those assets." — Wall Street Journal, Financial Times
Afghan Farmer Helps Convict Taliban Member In U.S. Court» An Afghan farmer's undercover work eventually led to the arrest and conviction in May of a Taliban associate on drug trafficking and engaging in narco-terrorism. He was sentenced yesterday to life in prison. — Washington Post
IRS: Fry's Exec Stole $65M To Pay Gambling Debts» A Ferrari-driving vice president of Fry's Electronics Inc. who was allegedly such a heavyweight gambler that casinos chartered private planes to fly him to Las Vegas has been arrested on charges he embezzled more than $65 million from the retailer to fuel his lavish lifestyle and pay off debts. — Associated Press
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Posted by: truthhurts | December 23, 2008 1:37 PM