Edward’s Lawyers Rest; Closings Set for Thursday

By Allan Lengel ticklethewire.com Presidential hopeful John Edwards tried to keep hope alive by passing on testifying at his trial in Greensboro,N.C., CNN reported. His defense team rested Wednesday, and closing arguments were set for Thursday. The defense also passed on calling his eldest daughter Cate to the stand. To read more click here.  

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Justice Dept to Issa: Contempt “Unwarranted”

By TIM MAK Politico A top Justice Department official has fired back at Oversight Committee Chairman Darrell Issa, telling the Republican congressman that it would be “unwarranted and inappropriate” to hold Attorney General Eric Holder in contempt over the Fast and Furious investigation. “We believe that a contempt proceeding would be unwarranted given the information…

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JPMorgan Chase Faces FBI Investigation on Top of SEC Inquiry

Shoshanna Utchenik ticklethewire.com The FBI is starting a preliminary investigation into JPMorgan Chase’s $2 billion- that’s “billion” with a “B”- trading loss, reports the New York Times. The losses loomed large at Tuesday’s annual shareholder meeting in Tampa. The FBI inquiry comes right on the tail of another one from the Securities and Exchange Commission….

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