http://www.youtube.com/v/Ohe0d28CDYY?version=3&f=videos&app=youtube_gdata Taken from: Jailed Enron CEO To Get Prison Term Reduced
Disgraced former Enron CEO Jeff Skilling receives prison sentence reduction in new DOJ deal
The prison sentence of disgraced former Enron chief executive Jeff Skilling will be cut by as much as 10 years under a deal announced Wednesday by federal criminal prosecutors. Currently in prison on a 24 year sentence for for securities fraud, false statements and other charges, Skilling will see…
Italian court upholds Berlusconi’s tax evasion conviction
An Italian court on Wednesday upheld a tax fraud conviction for former prime minister Silvio Berlusconi, confirming his sentence of one year in prison and a five-year ban from public office. “The court confirms the sentence against Silvio Berlusconi,” a judge at the Milan court said in…
Kris Kobach set to pursue longstanding voter fraud allegations
Kansas Secretary of State Kris Kobach (R) is likely to be granted the power to investigate and prosecute election fraud cases, the Associated Press reported on Friday. Both the state House and Senate have approved bills that would allow Kobach’s office the expanded purview, and Kobach said he…
The foreclosure fraud settlement was a big dud
The absolute least Americans can hope for from a major government settlement with a large industry over well-documented crimes is that the industry wouldn’t, after signing the settlement, just continue to commit the same crimes day after day. After all, following the tobacco industry settlement, cigarette makers did manage to stop advertising to teenagers that their product had no medical side effects.But new evidence reveals the nation’s largest banks have apparently continued to fabricate documents, rip off customers and illegally kick people out of their homes, even after inking a series of settlements over the same abuses. And the worst part of it all is that the main settlement over foreclosure fraud was so weakly written that it actually allows such criminal conduct to occur, at least up to a certain threshold. Potentially hundreds of thousands of homes could be effectively stolen by the big banks without any sanctions.Continue Reading… … Read More
Big banks can still steal your home
The absolute least Americans can hope for from a major government settlement with a large industry over well-documented crimes is that the industry wouldn’t, after signing the settlement, just continue to commit the same crimes day after day. After all, following the tobacco industry settlement, cigarette makers did manage to stop advertising to teenagers that their product had no medical side effects.But new evidence reveals the nation’s largest banks have apparently continued to fabricate documents, rip off customers and illegally kick people out of their homes, even after inking a series of settlements over the same abuses. And the worst part of it all is that the main settlement over foreclosure fraud was so weakly written that it actually allows such criminal conduct to occur, at least up to a certain threshold. Potentially hundreds of thousands of homes could be effectively stolen by the big banks without any sanctions.Continue Reading… … Read More
