Floyd Landis, Lance Armstrong's former teammate, who brought a False Claims Act whistleblower suit against Armstrong, now says that the law firm Williams & Connolly was part of Armstrong's scheme to lie about the use of banned performance enhancing substances.
Attorneys for Landis are now seeking to obtain documents from Williams & Connolly about the...
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Category: News
Looking ahead: major news coming up this week
1. Dennis Hastert, former House Speaker will be arraigned in the U.S. District Court for the Northern District of Illinois on Tuesday morning. Hastert was charged with withdrawing hundreds of thousands of dollars of cash in small increments to avoid federal reporting requirements. Hastert allegedly used the funds to try to cover up prior...
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Big chain movie theaters under investigation for squeezing small theaters
Large chain cinema groups including AMC and Regal are being investigated by the Department of Justice and the Securities and Exchange Commission(SEC) for squelching competition by preventing competitors from playing popular movies.
Certain SEC filings disclose the Department of Justice is looking into whether those...
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Nike admits it is cooperating with authorities in FIFA corruption scandal
The indictments released by the United States Department of Justice show that some of the offenses include agreements regarding sponsorship of the Brazilian national soccer team by a major U.S. sportwear company. Immediately after the indictments were released, NIKE released a statement saying that it was cooperating with the authorities.
Nike and Brazil signed...
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$16 Billion in fines against Barclays and RBS for alleged market rigging expected this week
The United States Department of Justice and British authorities are expected to announce fines against Barclays and the Royal Bank of Scotland in excess of $15.8 Billion . Payment by the banks would settle charges they conspired to manipulate global currency markets.
In addition to the two banks, according to news reports, JP Morgan and...
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The critical need for true TV journalism and Edward R. Murrow’s Speech of 1958
I occasionally still try to watch the evening news on TV. Each time, after one or two "real" news pieces, there is the dip and slip into the animal or baby stories. I'm fed up now. No more. As each day passes now and the changes in the world become more extreme,...
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How does the government spends our tax dollars
Where does all of our tax money go? About 80 percent of all federal revenue comes from taxes and corporate taxes amount to only about 11 percent of federal revenue, down from 40% in 1943. This is what has hurt the middle class so much. About 65% of the federal budget is for mandatory...
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Hedge fund uses patent challenge to help investments
Kyle Bass, head of Hayman Capital Management LP is utilizing a newly created patent petition process to seek to invalidate various pharmaceutical patents, ostensibly to make pharmaceuticals less costly. However, according to the Wall Street Journal (April 8, 2015 B1), Mr. Bass's fund bets against companies it believes are spurious and invests in those...
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Germanwings co-Pilot had been treated for suicidal tendencies — call for fail safe ground control
Andreas Lubitz, the Germanwings co-pilot who apparently downed the Airbus 320 last week had been treated by psychotherapists "over a long period of time," the prosecutor's office said. Lubitz, 27, was was flying Germanwings jetliner when the pilot stepped out of the cockpit. Lubitz...
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Loretta Lynch law enforcement supporters including Guiliani angered by delay
The confirmation vote for Candidate for Loretta Lynch, candidate for Attorney General has now been be delayed at least three more weeks which has rankled Lynch's allies in law enforcement.
Senate Republican aides said Friday that a confirmation vote for Lynch won't come until mid-April. The budget is expected to take up all of...
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