Word: monday
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...Monday, a judge declined a request by prosecutors to jail Bernard Madoff, saying the former investment adviser who is accused of bilking $50 billion from clients did not pose a flight risk. Prosecutors made the request last week after it was discovered that Madoff had sent over a million dollars in jewelry to relatives in the past few weeks. Investigators also revealed that Madoff had $173 million in signed checks sitting in his office drawer at the time of his arrest. Prosecutors say they will appeal the ruling...
...York University Law School's Center on the Administration of Criminal Law. Before that he spent 12 years as a federal prosecutor, first in Washington and then in the U.S. attorney's office in Manhattan, which is handling the Madoff case. TIME's Stephen Gandel asked Barkow about Monday's ruling and why most white-collar criminals get to stay out of prison on bail while other accused people are often sent right to the slammer. (See the top 10 scandals...
...hour house arrest with an electronic bracelet and round-the-clock monitoring of his building by a security firm. That's as strict as you can get without detention. Also, the terms of the bail in the civil case, not the criminal case, prohibited Madoff from moving assets. Monday's bail hearing pertained to the criminal case...
...Cambridge City Council passed a resolution on Monday calling for “an immediate end to all attacks on civilians on both sides” in the latest outpouring of violence between Israel and Palestine in the Gaza Strip...
...Spokesperson Jamie Yood said in an e-mail to The Crimson yesterday that “the claims made in this article and the calculations this ‘study’ makes are many times too high.” However in an article posted at TechNewsWorld.com on Monday, Yood said that Google recognizes its environmental impact.“There’s an acknowledgment that Google is using energy, and on the business front it makes sense to get this energy cost as low as possible.” Wissner-Gross also repudiated the tea-kettle numbers...