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...next February. The SEC could instead try to strike a new settlement that satisfies the judge, but based on Rakoff's ruling, law professor John Coffee, who teaches a class with Rakoff at Columbia, says it is unlikely the judge would accept a substitute settlement that doesn't name any individual executives. Lewis, as the chief executive of the bank, is an obvious target. The SEC has yet to say whether it plans to pursue charges against Lewis or any other executive at Bank of America...
...gave over $30 million to the Law School and tens of millions more to other philanthropic enterprises, may have been implicated in a sweeping federal investigation of offshore bank accounts, said the Times’ anonymous source. In recent months, Swiss banking giant UBS agreed to turn over the names of thousands of its American clients to the Internal Revenue Service, as the federal government attempts to crack down on tax evasion. Caspersen held a bank account with LGT, a private bank in Liechtenstein. The government of Liechtenstein has also agreed to reveal names of wealthy American clients, an anonymous...
...term incumbent Councillor Marjorie C. Decker is attempting to become the first candidate in recent history to wage a successful write-in campaign.On Wednesday, Decker, a Cambridge native, sent an e-mail to supporters asking for backing and donations and explaining her sticker campaign, which distributes stickers with her name on them so that voters can affix them to ballots.In addition to hiring an attorney to ensure that all goes smoothly on and after election day, Decker has worked to raise voter awareness of her campaign by e-mailing supporters with an explanation of her campaign and will soon release...
...became after college: the last surviving brother in a generation of an iconic American political family; a polarizing figure struck by tragedy and plagued by self-inflicted controversy; the “Lion of the Senate,” an avowed liberal who reached across the aisle in the name of getting things done for the causes he believed...
...fiction. (Among the others: John Grisham, Patricia Cornwell and William Styron. Unlike them, however, Beck gets a lot of help from his staff.) His latest book, Arguing with Idiots, will be published this month, and if things go as expected, it will be the third No. 1 with his name on the front published in the past 12 months. Taking a page from Stephen King - who once called Beck "Satan's mentally challenged younger brother" - Beck recently entered into a partnership with Simon & Schuster that pays him a share of profits rather than a traditional author's royalty...