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June 29, 2009

June 29, 2009

Lev L. Dassin, the Acting U.S. Attorney for the Southern District of New York, and Joseph M. Demarest, Jr., the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (FBI), announced that Bernard L. Madoff was sentenced today in Manhattan federal court to 150 years in prison for perpetrating a Ponzi scheme that resulted in billions of dollars of losses to thousands of investor-victims. Full release.

Posted by Admin at 03:45 PM

According to The Wall Street Journal, the Department of Justice (DOJ) has issued guidance to the Obama administration on reviving the military commissions system to try Guantanamo detainees. The Journal reports that the DOJ's Office of Legal Counsel advised the administration that detainees can claim some constitutional rights if they are tried in military commissions within the United States. Full release.

Posted by Admin at 03:05 PM

Today in Cuomo v. Clearing House Association, the Supreme Court confirmed that our nation's fair lending laws should be vigorously enforced by all levels of government. The NAACP Legal Defense and Educational Fund, Inc. (LDF) is pleased that the Court rejected the misguided attempt by federal regulators and national banks to prevent states from enforcing their own fair lending laws. The Court's ruling permits states to step up their efforts to curb discrimination in sub-prime lending markets, and is especially timely given that predatory lending has exacerbated the impact of the current economic crisis on minority communities. Full release.

Posted by Admin at 01:56 PM

Ante Up for Africa will support Refugees International's efforts for the displaced people of Darfur and all of Sudan as part of its charity celebrity poker tournament in Las Vegas on July 2, 2009. The event is hosted by WSOP Bracelet Winner and Celebrity Apprentice Star Annie Duke and Academy Award nominee Don Cheadle, with Ben Affleck, Matt Damon, and Brad Garrett planning to attend. Professional poker players and Refugees International supporters Howard Lederer, Andy Bloch, and Phil Hellmuth will also be participating. Full release.

Posted by Admin at 11:16 AM

A new survey finds that while Americans now recognize the United States will need more energy in the coming years, they continue to underestimate the amount of oil and natural gas that government experts predict will be needed to meet that demand. Conversely, respondents overestimate the role that renewable energy sources will play in meeting future demand, the amount of oil the U.S. imports from the Middle East, and oil and natural gas industry earnings. Full release.

Posted by Admin at 10:19 AM

For the second time in the last year, the House of Representatives Small Business Committee has passed legislation that will change the definition of a small business to give some of the nation's wealthiest investors billions of dollars in federal small business contracts. Full release.

Posted by Admin at 09:51 AM

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