Was the BNSF purchase done to quickly, and who will reap the benefits? Let the courts decide.
Buy a footlong, and they promise to give you 5 dollar concert ticket....................just not near you
PREET BHARARA, the United States Attorney for the Southern District of New York, and JOSEPH F. DEMAREST, JR., the Assistant Director-in-Charge of the New York Office of the ... Read More
BOSTON—A former resident of Somerville, Mass. who has been living in South Korea was arrested today after arriving at John F. Kennedy Airport in New York. An indictment, originally returned on March 1, 2007, was unsealed today charging Buford George Peterson and Oussama Abdul Ziade, both former officers of Ptech, Inc., a computer software company that was principally located in Quincy, Mass., with making false statements to the U.S. Small Business Administration (SBA) in connection with a loan application in the amount of ... Read More
A federal court has ordered a payment processor that debited consumers’ bank accounts without their authorization to pay $1,779,000 in consumer redress and to end the illegal practice. Payment processors serve as middlemen between merchants and banks or credit card companies. In 2006, the Federal Trade Commission charged the defendants with unfairly debiting thousands of consumer accounts for a merchant’s nonexistent “discount pharmacy cards,” despite indications that the pharmacy card operation was bogus. According to the FTC’s complaint, the payment processor did not ... Read More
Eliot Spitzer says - if it's too big to fail, it's too big. Spitzer now believes that the federal government ought to focus more of its attention on structural changes to the financial services industry. And they should start by busting up the big banks that are deemed too big to fail. "Some prosecutors will think structural reform is more fundamentally important than just getting a scalp and just prosecuting the individual - who may or may not be a cog in the wheel," Spitzer ... Read More
WASHINGTON — A Dutch citizen and executive of Martinair Holland N.V. (Martinair) has agreed to plead guilty, serve time in jail and pay a criminal fine for participating in a conspiracy to fix cargo rates for international air shipments, the Department of Justice announced today. Including today’s charge, a total of 15 airlines and four executives have pleaded guilty or agreed to plead guilty in the Justice Department’s ongoing investigation into price fixing in the air transportation industry. Collectively, the companies have paid ... Read More
