Links

Columnists



Site Search


Entire (RSS)
Comments (RSS)

Archive Calendar

December 2014
S M T W T F S
 123456
78910111213
14151617181920
21222324252627
28293031  

Guides

How to Become a Bounty Hunter



Archive for December, 2014

FBI Blamed for Demise of Hedge Funds Following Failed Insider Trading Case

By Steve Neavling
ticklethewire.com 

Investors can be a skittish bunch.

When they heard of the federal government’s suspicions of insider trading involving two hedge funds, Level Global Investors and Diamond Capital Management, they fled and the funds shut down, the New York Times reports.

On Wednesday, the two men found guilty of insider trading, Todd Newman and Anthony Chiasson, were vindicated when a federal appeals court overturned their convictions.

The found of Level Global, David Ganek, blamed the FBI for the hedge fund’s demise.

“For the dozens of my high-integrity colleagues at Level Global who lost their jobs and their reputations because the F.B.I. improperly raided our firm in this now-discredited fishing expedition, today’s legal vindication is a reminder of how prosecutorial recklessness has real impact on real people,” Mr. Ganek said in a statement sent by a spokesman.

Newman and Chiasson were found guilty by a jury two years of ago of conspiring to earn millions of dollars making taxes based on inside secrets.

 

Study: Only 20% of Sexual Assaults on College Campuses Are Reported to Police

By Steve Neavling
ticklethewire.com 

Only one of five campus sexual assaults are reported to police, according to a new Justice Department report, PBS reports.

The reasons victims didn’t alert police range from fear of reprisal to believing the crime doesn’t rise to the level of police involvement.

The findings are based on figures from the National Crime Victimization Survey from 1995 to 2013.

Peter Lake, a law professor at Stetson University College of Law who conducts training for colleges on the topic, said some students “don’t know what their legal rights are.”

Border Patrol Agents Would Be Given 3 Overtime Options Under Bill Awaiting President’s Signature

By Steve Neavling
ticklethewire.com 

A bill awaiting President Obama’s signature would give Border Patrol agents three overtime options in an effort to cut payroll costs, the Washington Post reports.

The “Administratively Uncontrollable Overtime” would be replaced with a system designed to save what amounts to an average 80% reduction in overtime pay.

The House of Representatives unanimously supported the measure on Wednesday.

“The current pay system simply is not in alignment with the demands our border security places on our agents, and the mission has suffered as a result,” said American Federation of Government Employees President J. David Cox Sr. “This reform is absolutely crucial for bringing stability and predictability to Border Patrol pay and will make a huge, positive contribution to our agents’ ability to provide the most effective border security.”

The old system, which was meant to compensate officers whose obligations in the field required them to stay extra hours, was abused, The Post wrote.

Under the new system, officers can work 100 hours per pay period, about two weeks, and receive an annual 25 percent pay boost, work 90 hours and receive an annual 12.5 increase or work no overtime.

Justice Department: Indian Tribes Can Begin Selling, Growing Marijuana

By Steve Neavling
ticklethewire.com 

Indian tribes are now allowed to grow and sell marijuana on their sovereign lands under the same federal guidelines that apply to four states where pot is legal for recreational use, the Justice Department announced Thursday, Bloomberg reports.

The Justice Department said federal laws banning marijuana will no longer be enforced.

“The tribes have the sovereign right to set the code on their reservations,” said Timothy Purdon, the U.S. attorney for North Dakota and the chairman of the Attorney General’s Subcommittee on Native American Issues.

The decision to legalize marijuana will ultimately fall on tribal governments.

 Stories of Other Interest


Congress Is About to Block the Feds from Cracking Down on Medical Marijuana

By Tim Burger
Vice

WASHINGTON –– On the eve of the deadline to pass spending legislation that will avoid another government shutdown debacle, Congress appears poised to send a bill to President Obama that would ban the Department of Justice from meddling with state medical marijuana laws.

Tucked at the bottom of page 213 o​f the latest omnibus appropriations bill, a provision states that “[n]one of the funds made available in this Act to the Department of Justice may be used… to prevent such States from implementing their own State laws that authorize the use, distribution, possession, or cultivation of medical marijuana,” listing 32 states, as well as the District of Columbia, where the amendment would apply.

To read the full story click here. 

Hacking Attack on Sony Pictures Was Alarmingly Sophisticated, FBI Said

By Steve Neavling
ticklethewire.com 

The hacking attack on Sony Pictures was so sophisticated and unprecedented that most governments and companies could not have defended against it, Variety reports.

An FBI official gave an alarming assessment of the attack to a Senate Committee on Wednesday.

“The malware that was used would have slipped, probably would have gotten past 90% of the net defenses that are out there today in private industry, and I would challenge to even say government,” Joseph Demarest, assistant director of the FBI’s cyberdivision, told members of the Senate Banking, Housing and Urban Affairs Committee.

Federal officials are investigating whether there is a link to North Korea, where officials had been arguing against the release of the comedy “The Interview.”

 

Federal Judge Sets Deadline on DOJ’s Decision to Subpoena NYT Reporter

Reporter James Risen

By Steve Neavling
ticklethewire.com 

A federal judge has given the Justice Department until Tuesday to decide whether to subpoena New York Times reporter James Risen to testify against a CIA operative who allegedly leaked classified information to the journalist, the Huffington Post reports.

U.S. District Court Judge Leonie Brinkema issued the order Tuesday.

Former CIA operative Jeffrey Sterling is accused of supplying Risen with classified information that was used for the journalist’s book, “State of War: The Secret History of the Cia and the Bush Administration.”

The book sparked the legal battle.

But now the judge is growing impatient and wants a decision on whether Risen will be ordered to testify.

“Since June 2, 2014, the United States has had over six months to decide whether it will subpoena James Risen to testify at this trial, which is scheduled to begin Monday, January 12, 2015,” the order read. “Because Mr. Risen’s presence or absence at the trial will have a significant impact on how the parties present their case, a decision about Mr. Risen must be made sufficiently before trial to enable the parties to prepare adequately.”

Border Patrol Agent Accused of Fatally Shooting Man over Argument Pleads Not Guilty

By Steve Neavling
ticklethewire.com 

A Border Patrol agent accused of fatally shooting a 27-year-old man following an argument last month pleaded not guilty Wednesday, CBSLA.com reports.

John Richard Demery, 40, is charged in the killing of Adam Thomas in an early morning dispute.

Demery was off-duty at the time.

Prosecutors said the confrontation may have been prompted by a speeding or racing incident.

Demery is in jail on a $1 million bond.