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...million portfolio to report their short positions daily. The implicit threat is, We will know who you are. (Long positions are already known by the SEC.) Also on Thursday Britain said it will ban all short selling of financial stocks until at least next January, while New York Attorney General Andrew Cuomo announced that he was launching an investigation into complaints of short sellers spreading false rumors about targeted companies like Lehman Brothers, AIG, Goldman Sachs and Morgan Stanley...

Author: /time Magazine | Title: Are Short Sellers to Blame for the Financial Crisis? | 9/18/2008 | See Source »

...have been sworn to ignore it.' YALE GALANTER, defense attorney, telling jurors at O.J. Simpson's robbery-kidnapping trial to forget about his 1995 murder trial...

Author: /time Magazine | Title: Verbatim | 9/18/2008 | See Source »

...Addington, effectively steer White House policy on the warrantless wiretapping program. "With Bush's consent , Cheney unleashed foreign intelligence agencies to spy at home ... It is unlikely that the history of U.S. intelligence includes another operation conceived and supervised by the office of the vice president." When the Deputy Attorney General refuses to re-authorize the program, the stubbornness of Cheney and his team almost leads to mass resignations at the Justice Department...

Author: /time Magazine | Title: Angler: The Cheney Vice Presidency | 9/17/2008 | See Source »

Rangel is a lifelong Harlem resident. After dropping out of high school and being wounded in the Korean War, he went on to get a bachelor's degree from New York University and a law degree from St. John's University. After working as an assistant U.S. attorney, he was elected to the New York State Assembly and then Congress in 1970. He was a founding member of the Congressional Black Caucus and has championed many causes in the House, including low-income housing in urban communities and divestment from U.S. companies operating in South Africa during apartheid...

Author: /time Magazine | Title: Charles Rangel | 9/17/2008 | See Source »

...veal on the end of a fork. We live in a nation of laws. This much is understood, and none among us would argue the fact. Still, only very few among us would argue that our edicts are immortal, immutable, or even always pertinent. As our sitting attorney general once said: “Not every wrong, or even every violation of the law, is a crime.” If Mr. Mukasey’s mind can harbor such considerable doubt on the applicability of the law over which he nominally presides, the upstanding citizen must be permitted...

Author: By James M. Larkin | Title: Against Speed Traps | 9/14/2008 | See Source »

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