Multiple outlets are reporting JPMorgan will pay a $US13 billion civil penaltyfor allegedly failing to warn investors about risks in mortgage backed securities trades. It would be the largest civil penalty ever levied, representing more than half of the bank’s 2012 profits. But it may still not be enough to […]
One of them called himself "Lord Libor."
[credit provider=”143575956/Getty Images” url=”http://www.gettyimages.com/detail/news-photo/handcuffs-are-seen-on-the-hands-of-a-20-year-old-street-news-photo/143575956#”] An intellectual property lawyer who took the stand last month in his own criminal case and won is accusing the justice system of doing everything it can to find people guilty.Bryan Brooks was charged with first-degree assault after a 2011 barroom brawl in New York City, […]
[credit provider=”Dan Farber” url=”http://www.flickr.com/photos/farber/510893825/”] The story of tech entrepreneur Peter Adekeye is chilling.As an Ars Technica feature recounts, Adekeye’s company was competing with Cisco and sued them; in response, Cisco had Adekeye arrested in Canada for overinflated charges of computer hacking, an arrest which derailed his life for a year.
[credit provider=”Gage Skidmore” url=”http://www.flickr.com/photos/gageskidmore/5855936190/sizes/m/in/photostream/”] Republican National Committee Chairman Reince Preibus is accusing President Barack Obama of violating federal law by filming a video for his campaign in the non-residential areas of the White House.The video in question was a invitation to participate in a contest to win dinner with the […]
When a routine basketball practice got a little too rough, one Holy Family University player found himself on the floor, bleeding from his mouth. But the incident wasn’t the result of tough defence or aggressive rebounding.