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inanna

(3,547 posts)
Tue Jan 19, 2016, 04:35 PM Jan 2016

Justices to weigh limits on insider trading cases

Source: Associated Press

Jan. 19, 2016 2:54 PM ET

WASHINGTON (AP) — The Supreme Court signaled Tuesday that it could make insider trading cases harder to prosecute nationwide, dealing another blow to federal prosecutors.

The justices said they would hear the appeal of an Illinois man who is serving a three-year prison term after being convicted of trading on leaked inside information.

The court decided to take on the appeal of Bassam Yacoub Salman over the opposition of the Justice Department and a little more than three months after the justices sided against federal prosecutors who wanted to reinstate similar convictions in New York against two high-profile hedge fund managers.

The Justice Department had warned that warned that overturning the convictions could hinder the government's campaign to curb insider trading on Wall Street, a crackdown that has resulted in more than 80 arrests and 70 convictions over several years. But that argument made no headway at the Supreme Court in October.

Read more: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2016-01-19-US--Supreme%20Court-Insider%20Trading/id-412c541c52b04945bb7ae148a6e885cb

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Justices to weigh limits on insider trading cases (Original Post) inanna Jan 2016 OP
Another Bernin Jan 2016 #1
We need a progressive for POTUS d_legendary1 Jan 2016 #2
Why don't these five hypocrites................................... turbinetree Jan 2016 #3
This will be an interesting case to follow Gothmog Jan 2016 #4
 

Bernin

(311 posts)
1. Another
Tue Jan 19, 2016, 04:43 PM
Jan 2016

example why a Democratic Socialist can win in '16.
EVERYONE is sick and tired of crony capitalism!

d_legendary1

(2,586 posts)
2. We need a progressive for POTUS
Tue Jan 19, 2016, 05:27 PM
Jan 2016

so they can neutralize the five right wing justices who keep letting these crooks and corporations off the hook.

turbinetree

(24,695 posts)
3. Why don't these five hypocrites...................................
Tue Jan 19, 2016, 05:59 PM
Jan 2016

just come right out and say, guess what folks, we are fascists with black robes on, and remember those confirmation hearing which were held to find out what they could say and tell about us-------------------well guess........................WHAT

We, the five amigo's are the Manchurian Candidates, and the uber class republicans nominated us and we got confirmed for us to sit in a court, that's right to further the damage

Remember when the republicans had the majorities at the time, who is going to stop us -----------its just that we didn't get caught---


Ha, ha, ha, we lied and we lied real good, they tried to stop us sometimes , but couldn't because they couldn't , and we can now cause more damge because we are the final say, we make laws--------------because if a Republican gets to the White House----------------------hold on, because we the U.S. Supreme Court, a right wing republican court is determined to create a Third World status country with NO stinking ACCOUNTABILITY ----------------------NONE---------------------WATCH US, insider trading ha, corporations are people my friend because we said so.

Because we are going to make this country into big pile of dog----------------------sh**********************t------------watch us, right before your eyes, with no cameras in the people's court, not one, we are just waiting to change the laws, look at who we hired as a law clerk, a guy born in Canada and now he's running to be president, no quid pro quo in our ruling, if there is a lawsuit on him being a natural born citizens---------------------------nope-----------------because, he gave us briefs and drafts to opinions, his opinions on how to gut the rights of the citizens, and workers and such and on insider trading ---------------------whoopee, a possible non-citizens giving us his opinion in our rulings--------------yeah

Then when, we go to retreats / meetings, let's say get together, it sounds so more homey, you know, in Aspen or San Diego to rub elbows with the other fellows of the ilk.
they walk around saying, I gave millions in taxes and I therfore should get millions of votes,what do you say bub, can you help us out, come one really, because remember money is speech, as we are in this court, its about the money, we should have patches on the our black robes to show who is buying who when it comes to sponsorship and rulings----------------------oh boy .

Prime example look at the justice sitting next to me, his wife, yep, his wife, is on a PAC to undermining this country, that's why I voted for Citizen United-------------------money is free speech----------------way to go baby.


Look at the next irresponsible fellow in the black robe he gets gifts of appreciation --------------------------------------whoo hoooooooooooooooooooooooooo, while in Aspen and San Diego


And the best one is getting the assignments from the chief himself, to further the damage, to hell with voting rights, labor laws------------------- yeah baby, just gotta leave the mark on unions and the workers, gotta support the anti-union Right to Work legislation-----------Look no further than reinforcing Taft-Hartley scab laws-------------- yeah baby---------------to hell with insider trading, its about scabs getting benefits and not helping those that voted in to have a 50+ 1 majority union workers representatives to better everyone lives -----nope-------------- no principles here baby------------------none----------------majority rules ha, ha, ha, ha--good one

Hell, were getting ready for some lawsuits and setting up the lawsuits on Planned Parenthood to be attacked -----------------------------------we don't want women to have the right to the privacy guaranteed in the Fourth Amendment--------------nope-------and just think if a republican gets into office kiss that law gooooooooooooooood bye ha,ha,ha


Honk--------------------for a political revolution

Democracy begins with you----------------------tag your it ---------------Sanders to Thom Hartmann and to all of us


It is about getting a progressive U.S. Supreme Court, President, Congress, and State Local Legislature

Bernie 2016


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