Archive for January, 2014
By Robert A. Vella
Last night’s Frontline documentary, To Catch A Trader, reported on the current Justice Department investigations and prosecutions into insider trading activity at SAC Capital Advisors, L.P. – a hedge fund founded by Steven A. Cohen in 1992.
The documentary revealed a problematic loophole in the statutes regulating the financial industry. Unlike the criminal laws that apply to most individuals and businesses in the U.S., there is apparently no provision for prosecution based on the charge of criminal negligence. As a result, there is a higher burden of proof required for the prosecution of financial crimes since the threshold of intent must be established through evidence. Frontline suggests this is the reason why Cohen has not yet been formally charged even though his hedge fund has already pleaded guilty to all counts in the indictment (securities fraud and wire fraud).
For comparison, BP pleaded guilty to…
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Twitter is looking for ways to make a big buck off of its racially-diverse user base.
According to reports, the social network recently hired a marketing guru to study its demographics, including the online cultural and entertainment force we know as Black Twitter.
Marketing veteran Nuria Santamaria, who joined the Twitter family as a multicultural strategist in November, said “advertisers want to know more about racial and ethnic minorities on Twitter, from basic numbers to the languages in which they tweet.”
Santamaria’s job is to target Black, Hispanic and Asian-American users, and help the social site attract advertisers that appeal to racial and ethnic groups. According to research by the Pew Research Center, these groups account for 41 percent of Twitter’s 54 million users.
African Americans use Twitter at higher rates than other ethnic groups so it comes…
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IAN WISHART IS TRYING TO ‘BREAK THE SILENCE’ ON THE KAHUI CASE – SO WHY ARE PEOPLE TRYING TO SILENCE HIM?January 22, 2014
IAN WISHART DEFENDS HIMSELF ON ‘KIWIBLOG’
Ian Wishart (45) Says: June 29th, 2011 at 2:11 pm
1.If Macsyna was so concerned about the environment she was introducing her twins to she could have adopted them out to a family that could have ensured a safer and healthier environment.
(Ian Wishart) Macsyna didn’t realise someone had injured the twins.
2.If Macsyna suspected abuse or neglect from herself or others within her household she could have spoken up for her babies… yes, she could have spoken anonymously or otherwise to CYFS, the Police, a Not-for-profit, Plunket, and others. Her previous children are cared for by others, why not these babies?
She did not suspect abuse – she was as surprised as everyone else to discover it. She then spoke to Police to help gain a conviction
3.She could have kept her eyes open. Macsyna either never…
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