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Monday, Sep 02nd

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Is the SEC Covering Up Wall Street Crimes?

NY Stock ExchangeImagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time the cops fail to make a case. No more Lifetime channel specials where the murderer is unveiled after police stumble upon past intrigues in some old file – "Hey, chief, didja know this guy had two wives die falling down the stairs?"

No more burglary sprees cracked when some sharp cop sees the same name pop up in one too many witness statements. This is a different world, one far friendlier to lawbreakers, where even the suspicion of wrongdoing gets wiped from the record.

That, it now appears, is exactly how the Securities and Exchange Commission has been treating the Wall Street criminals who cratered the global economy a few years back.

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Verizon to suspend basic health-insurance and medical benefits for strikers

Verison strikeIn the latest escalation of an increasingly bitter labor battle, Verizon Communications Inc. has been telling union members it will suspend basic health-insurance and medical benefits on Aug. 31 for all workers still on strike at that time.

Verizon issued the threat in letters sent to 45,000 workers, who walked off the job to protest proposed cuts to their benefits that the telecommunications company says are necessary to stem a sales decline in its traditional wireline business.

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Feds Find Young Children as Young as 6 Working on Strawberry Farms

Children working on strawberry farmsNearly two years after ABC News cameras uncovered young children toiling away in Michigan's blueberry fields, federal investigators have found yet another disturbing example of illegal use of child labor in the berry industry.

Three southwest Washington strawberry growers were fined $73,000 last week after the U.S. Department of Labor found children between the ages of six and 11 working in their strawberries fields in June.

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Verizon workers hit picket lines from Mass. to Va.

Verizon workers strikeStriking Verizon landline workers say they laid the foundation for the company's booming wireless business and shouldn't be expected to give up contract benefits just because they work on a less profitable side of the business.

But management says the company has to change to stay competitive and the 45,000 landline workers can't expect to be paid the way they were when the phone company was a monopoly.

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AARP sues Wells Fargo, Fannie Mae over reverse mortgage foreclosure

AARP sues for reverse mortgage fraudAARP’s legal battle against wrongful reverse mortgage foreclosures has shifted from government regulators to lenders.

The AARP Foundation Litigation unit filed a class action lawsuit yesterday against Wells Fargo Bank and the Federal National Mortgage Association (Fannie Mae), charging that they failed to allow surviving spouses and heirs of reverse mortgage borrowers to purchase the property for the appraised value after loans came due — typically after the borrower’s death.

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Death Of The Freedom Of Speech – Making South Park Style Videos Mocking The Police Now Illegal

Crooked judges are now issuing warrants to arrest, prosecute and jail anonymous video makers who create a South Park style videos that mocks the police.

The video parody contains anonymous characters and refers to ambiguous situations that could be occurring at any police station around the nation.

But the police state will no longer tolerated such mockery and have declared the making of such a video has now been declared a crime.

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ACLU digs into mobile location privacy with huge police records request

Cell phoneThe American Civil Liberties Union is bringing its heavy artillery to bear on the mobile location privacy debate.

The civil advocacy group has coordinated 34 of its offices to send 375 public records requests to police and law enforcement agencies across the nation, requesting comprehensive information about how police obtain and use cellphone locations and other Internet data to hunt criminals.

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