December 11, 2013 |
ISLAMABAD, Pakistan - Pakistan's controversial chief justice, who helped oust President Pervez Musharraf and broaden human rights even as critics accused him of overstepping his mandate, retired Wednesday. The assertive Chief Justice Iftikhar Mohammed Chaudhry, who turns 65 on Thursday, leaves behind a mixed legacy. He's credited with strengthening the judiciary and making it a force to be reckoned with among politicians and bureaucrats. But he was also instrumental in the resignation of the popularly elected Prime Minister Yousuf Raza Gilani, forced to quit after refusing to reopen a corruption case against then-President Asif Ali Zardari at the behest of the Supreme Court.
September 24, 2013 |
Why hasn't anyone on Wall Street gone to prison for the 2008 financial crisis? Perhaps because the FBI is recommending far fewer white-collar prosecutions. The FBI has recommended only 2,001 white-collar cases for criminal prosecution so far this fiscal year, on pace for a nearly 7% drop from last year, according to a report Tuesday by a research group affiliated with Syracuse University. It would be one of the lowest years on record and would extend a years-long trend, according to government data obtained by the Transactional Records Access Clearinghouse.
July 28, 2013 |
"This is a great time to be a white-collar criminal. " An assistant U.S. attorney I know startled me with this remark in 2002. The bulk of her FBI investigators, she explained, had been pulled off to work on terrorism, which left traditional crime investigations sorely understaffed. Little has changed since then. For more than a decade, the U.S. government has been focused on one type of threat above all others: terrorism. This obsession has not only been used to justify an erosion of Americans' privacy, it has opened them to other dangers and, paradoxically, made it easier for terrorists to achieve success.
January 30, 2013 |
WASHINGTON - Assistant U.S. Atty. Gen. Lanny A. Breuer, who made his mark ramping up the prosecution of white-collar crime and overseeing the government's Gulf of Mexico oil spill investigation, announced he is soon leaving his post as one of the longest serving heads of the Justice Department's Criminal Division. While Breuer, 54, had been expected to depart after serving four years in President Obama's first term, Rep. Darrell Issa (R-Vista), chairman of the House Oversight and Government Reform Committee, noted that Breuer, who was formally admonished in the Fast and Furious scandal, has now become the third top Justice official to step down after the department's blistering inspector general's report into the flawed gun-tracking operation.
January 5, 2013 |
If you're concerned about corporate crime, 2012 looked like a pretty successful year for the good guys. The Thousand Oaks biotech giant Amgen paid $762 million in fines and penalties and pleaded guilty to a federal charge related to illegal marketing of its anemia drug Aranesp. Britain's GlaxoSmithKline and Illinois-based Abbott Laboratories paid $3 billion and $1.5 billion in government penalties, respectively, in connection with their off-label promotions of blockbuster drugs.
February 26, 2012 |
A funny thing happened whenever I set out to see Meryl Streep in “The Iron Lady.” I'd invite one of my moviegoing pals to join me and then find myself later that evening at “Shame,” “My Week With Marilyn” or the glorious “Pina.” The reviews for “The Iron Lady” weren't all that glowing, but Streep came in for her usual chorus of hosannas. For some reason, this wasn't proving to be much of a lure. Even after the Oscar nominations came out, with two-time winner Streep making history with her 17th nomination, “The Iron Lady” was still a no-go with them.