Showing posts from January, 2014
I wanted to bring this incredible CLE/MCE opportunity to my readers' attention. From May 31 through June 7, 2014, SIU School of Law will host a program in Germany entitled "Nuremberg's Legacy: Law, Medicine, & Ethics." The program description is below. During this week-long journey, travelers will visit Munich and Nuremberg to learn about the role of law, medicine, and ethics in Germany during and after WWII. Participants will have the opportunity to tour sites of legal and historical significance, including the courthouse in which the Nuremberg Trials occurred and the Dachau Concentration Camp Memorial, and receive lectures from international experts in their fields. Along with a rich educational program, there will be time for independent sightseeing, including a visit to the picturesque Bavarian town of Bamberg, a UNESCO World Heritage Site. Registration is now open at this link . More information about the program is available here .
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The ACLU has an interesting article regarding the growing trend in the United States of debtor's prison. The American Civil Liberties Union of Colorado accused three Front Range cities this morning of jailing people for failing to pay court-ordered fines that they are too poor to pay. Relying on state and federal court decisions, the ACLU sent letters to the cities demanding a prompt halt to the practice. The ACLU conducted an in-depth investigation into the municipal courts of Westminster, Wheat Ridge, and Northglenn, which routinely issue "pay or serve" warrants without any consideration for or inquiry into a debtor’s ability to pay. "Pay-or-serve" warrants authorize a debtor’s arrest. Once in custody, the debtor must either pay the full amount of the fine or "pay down" the fine by serving time in jail at a daily rate set by the court. Wheat Ridge and Northglenn set the rate at $50 per day, while Westminster converts all unpaid fines into ten-day
JPMorgan Chase, Bernard "Bernie" Madoff, Sub-Prime Mortgages, and the Prominence of Deferred Prosecution Agreements
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The New York Times has an interesting discussion of the process by which JPMorgan Chase decided to accept a deferred prosecution agreement from the government with regard to allegations that the bank ignored warning signs regarding the conduct of infamous Pozi schemer Bernard Madoff. The DPA, announced this week, will require the bank to pay over $2 billion in penalties. Two men who occupy coveted roles in Manhattan’s power elite, one the city’s top federal prosecutor and the other its top banker, sat down in early November to discuss a case that was weighing on them both. Preet Bharara, the United States attorney in Manhattan, and Jamie Dimon, the chief executive of JPMorgan Chase, gathered in Lower Manhattan as Mr. Bharara’s prosecutors were considering criminal charges against Mr. Dimon’s bank for turning a blind eye to the Ponzi scheme run by Bernard L. Madoff. Mr. Dimon and his lawyers outlined the bank’s defense in the hopes of securing a lesser civil case, according to peopl