Word: lawfulness
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Phone taps, FBI surveillance, confidential informants - it's the stuff of major mafia investigations and Law & Order reruns. But they're also the tactics used by federal authorities against a slew of dark-suited desk jockeys accused in Wall Street's largest insider-trading scandal in decades. Authorities say billionaire hedge-fund manager Raj Rajaratnam, founder of the Galleon Group, and 19 others illegally used secret information about public companies to inform investments that yielded some $60 million in profits over the past several years. The defendants, who also include traders, lawyers and executives at firms such...
...government-granted union between two individuals should be recognized as only a civil union, not a marriage, under the law. To use the term “marriage” equates a legal union with a religious one. This skews the debate over same-sex marriage for those who may not be opposed to gay unions but believe in a strict biblical definition of the word marriage. To remedy this, gay and straight couples could be treated as equals under the law in that both could receive a civil union, which has no religious implications...
...Harvard Law School has unveiled a new public service fellowship that will fund legal work in the public interest sector, an addition to the school’s long list of initiatives that encourage students to engage in public service...
This latest initiative, the Holmes Fellowship, will give approximately 12 students up to $35,000 to pursue public interest law in the year immediately following graduation, but only after students demonstrate that they have been unable to secure funding through other means...
...time when demand for fellowships has been rapidly growing and funding for public interest work has generally been cut, the Holmes Fellowship will serve as a backstop for students interested in public interest work, said Alexa Shabecoff, the Law School’s assistant dean for public service...