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A general view of the building where Kenneth Starr resides in New York and (inset) Kenneth Starr and Diane Passage

Former law firm partner charged with helping Starr operate Ponzi scheme

The Securities and Exchange Commission (SEC) has charged Jonathan Bristol, a former law firm partner, with aiding and abetting Kenneth Ira Starr's Ponzi scheme by allowing Starr to use his attorney trust accounts as conduits for transferring the funds stolen from Starr's clients to Starr and his two companies for personal use.
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James Fleishman (R) walks out of the Robert Peckman United States Courthouse with his attorney Stuart Gasner (L) after appearing in federal court on insider trading charges in San Jose, California December 16, 2010

Four arrested in widening insider trading probe

Four people, including an executive from an expert networking firm, have been arrested by the Federal Bureau of Investigation (FBI) agents in an operation seen as part of a widening probe into insider trading.
A BP logo is seen on a petrol station in London

BP, eight others sued by U.S. govt for Deepwater oil spill

The U.S. Department of Justice (DOJ) has filed a civil lawsuit against energy giant BP Exploration and Production Inc. and eight other companies, accusing them of violating the Clean Water Act and has asked the court to hold them liable without limitation under the Oil Pollution Act for all removal costs and damages caused by the oil spill, including damages to natural resources.
The Houses of Parliament are seen through snow covered trees in London

UK campaign to tighten immigration fails to take off

UK campaign to tighten immigration hits a setback, but the Coalition is set on keeping up its election promise. David Coleman, Professor of Demography at Oxford University, asserts that Britain should tighten immigration policy and explains negative effects.
Meredith Whitney, CEO, Meredith Whitney Advisory Group LL

Up to 100 U.S. municipalities may default next year: Whitney

Renowned Wall Street analyst Meredith Whitney has warned that the U.S. may witness between 50 to 200 “sizeable defaults” amounting to “hundreds of billions of dollars” among municipal and state governments next year, which could derail the recovery.
Soldiers patrol Ivory Coast's violence-hit Yopougon

EU to ban Ivory Coast's Gbagbo; West mulls sanctions

The European Union agreed on Monday to ban Cote d'Ivoire's incumbent President, Laurent Gbagbo and his aides, the BBC reported. The Gbagbo regime is likely to be slapped with harsh sanctions from the West. The sanction could also include freezing the personal overseas assets of the president and his men and issuing visa bans.
Preet Bharara (L), the United States Attorney for the Southern District of New York, stands with Irving Picard, the Securities Investor Protection Act (SIPA) Trustee, during a news conference announcing an agreement to recover $7.2 billion for victims of

Madoff victims to get at least a third of lost money

Victims of Bernard Madoff's multi-billion dollar ponzi scheme are set to get a at least a third of their money back. The court-appointed trustee for Madoff's investment company - Bernard Madoff Investment Securities LLC - said Friday the estate of investor and philanthropist Jeffry M. Picower had decided to give back $5 billion. That is in addition to $2.2 billion the Picower group has given up to the U.S. government already.
U.S. Immigration and Customs Enforcement special agent Don Daufenbach is interviewed in his Cyber Crimes Center's office in Fairfax, Virginia July 24, 2009.

Child model pornographer gets 9 years

A man who used a “child modeling” website to push child pornography has been sentenced to nine years in prison, federal authorities said today.
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Oklahoma goes ahead with 3rd execution this year

Oklahoma has executed John David Duty, 58, on Thursday keeping alive its capital punishment policy. The difference this time was that it used for the first time a drug called pentobarbital, a sedative that is used as euthanasia for animals.
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Top Pre-Market NASDAQ Gainers (ITMN, YRCW, TTWO, ORCL, CSUN)

The top pre-market NASDAQ stock market gainers are: InterMune, YRC Worldwide, Take-Two Interactive Software, Oracle, China Sunergy, Veeco Instruments, Research In Motion, China MediaExpress Holdings, Powerwave Technologies, and MIPS Technologies.
Will India respond to allegations of human rights abuses in Kashmir

Will India respond to allegations of human rights abuses in Kashmir?

Classified US diplomatic cables leaked by whistle-blower site Wikileaks revealed that the International Committee for Red Cross (ICRC) briefed US officials over the continued ill-treatment of detainees in Kashmir by the armed forces and the police. Some cables stated that the government-nurtured militia committed brutal human rights abuses including extra-judicial killings, rapes and extortion of Kashmiri civilians suspected of harboring extremists in the Valley.
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Top After-Market NASDAQ Gainers (YRCW, TTWO, ORCL, ICON, RNOW)

The top after-market NASDAQ stock market gainers are: YRC Worldwide, Take-Two Interactive Software, Oracle, Iconix Brand Group, Rightnow Technologies, Dress Barn, Activision Blizzard, Research In Motion, China MediaExpress Holdings, and OmniVision Technologies.

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