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 . '/' . substr('9780811220316',-6,3) . '/' . '9780811220316' . '.jpg'; ?>)
By Lawrence Ferlinghetti
$22.95
By Jacob Heilbrunn
$17.16
$22
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scott*eric (CC BY 2.0)
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By Cora Currier, ProPublica —
The hedge fund Magnetar helped create billions of dollars’ worth of collateralized debt obligations that super-charged the financial meltdown, profited the company enormously and for which it’s seen no punishment. Here’s a roundup of the known charges, settlements, and investigations that stem from those deals.
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Flickr / borman818 (CC-BY)
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The Department of Justice has shied away in recent years from chasing down white-collar crime, relying instead on “deferred prosecution agreements,” which essentially have allowed companies, financial institutions especially, to investigate and report their own wrongdoing.
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Wikimedia Commons / Agência Brasil
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TV, radio and newspaper journalists across Italy are on a 24-hour strike, shutting down news around the country Friday in response to a so-called “gagging law” that intends to shield politicians, like playboy Prime Minister Silvio Berlusconi, by restricting the capacity of investigators to eavesdrop on suspects and blocking journalists from publishing the results.
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AP / Vahid Salemi
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The continuing drama surrounding Iran’s nuclear program took a daring turn earlier this month when the U.S. revealed the existence of a secret uranium enrichment plant. Now U.N. inspectors have checked out that plant, and will do so again in the next couple days.
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Newly released documents from the Ford administration show that it, too, tried to eavesdrop without warrants. | story
And in an “apple doesn’t fall far from the tree” moment, then-CIA Director George H.W. Bush “complained that some major communications companies were unwilling to install government wiretaps without a judge’s approval,” according to the article.
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Former FEMA head Mike Brown stayed on full salary as a consultant in the wake of his disastrous disaster leadership. But now that he’s cashed his checks, he won’t cooperate in the Senate investigation. | story
Perhaps he’s too busy mucking out Arabian horse stalls....
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