By Eric Florack. Posted Thursday, Apr 2, 2009 at 12:45 am Filed Under: Accountability, BitsBlog, Democrats, Featured
James Joyner at OTB, this morning brings news abot the latest action of Eric Holder’s Justice Dept:
Attorney General Eric Holder has dropped the case against Ted Stevens, NPR’s Nina Totenberg reports.
A jury convicted Stevens last fall of seven counts of lying on his Senate disclosure form in order to conceal $250,000 in gifts from an oil industry executive and other friends. Stevens was the longest-serving Republican in the Senate, however, he lost his bid for an eighth full term in office just days after he was convicted. Since then, charges of prosecutorial misconduct have delayed his sentencing and prompted defense motions for a new trial.
According to Justice Department officials, U.S. Attorney General Eric Holder has decided to drop the case against Stevens rather than continue to defend the conviction in the face of persistent problems stemming from the actions of prosecutors.
The judge in the Stevens case has repeatedly delayed sentencing and criticized trial prosecutors for what he’s called prosecutorial misconduct. At one point, prosecutors were held in contempt. Things got so bad [...]
By DJ Durant. Posted Wednesday, Oct 1, 2008 at 4:46 pm Filed Under: Economy, Featured
Today’s Wall Street Journal contains an op/ed by Brian Wesbury, one of the more level-headed and highly respected economists in the country. His recommendation is that Congress suspend mark-to-market accounting rules, because investors refuse to put money into companies that may not be around because of phantom valuations of their securities portfolios.
He’s right, and this [...]
By DJ Durant. Posted Wednesday, Sep 24, 2008 at 11:54 am Filed Under: Chris Dodd, Economy, Featured, Federal Reserve, US Congress, US Treasury
At 6:00 this morning I was in the middle of my daily 15 minute workout routine, watching CNBC’s Squawk Box and trying to get a read on the markets. If you’re unfamiliar with this show, it’s hosted by Joe Kernan, Becky Quick and Carl Quintinilla. If my local cable provider would broadcast Fox Business, I’m sure [...]
I have to admit, my thoughts regarding the latest financial debacles waver from one extreme to the other. My initial instinct is that the markets need to be stabilized, and anything that provides a floor for a stock market in apparent free fall is a good thing.
My next thought is that $700 billion is a [...]
It’s so easy to get away with things. Right in front of everyone. No one seriously does anything about it. We’ve seen it with Obama, Clinton, Clinton, and today, with Chris Dodd.
I don’t know why I keep thinking that people like Dodd are respectable and of high integrity. When Countrywide gave him a great, no [...]
I’ve got to assume that what we needed has passed the Senate (and will eventually in the House) since the New York Times website headline reads: “Senate Passes Bill to Expand U.S. Spying Powers”. I usually figure I’m getting what I need when the Times tries to make it sound bad.
Senator Christopher J. Dodd [...]
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