Tag: Legal

U.S. security panel reportedly approves T-Mobile/Sprint merger, as long as the carriers don’t use Huawei equipment

While Huawei’s Chief Financial Officer faces extradition to the United States over claims that the company avoided U.S. sanctions on Iran, Huawei might be facing another blow. According to Reuters, a U.S. security council is expected to approve the merger of T-Mobile and Sprint, on one condition — the combined carrier can’t use networking equipment […]

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Our New York Magazine Article: “‘Alpha Wolves in the Henhouse’: California’s Multibillion-Dollar Private-Equity Boondoggle”

We hope you don’t mind the extra helping of CalPERS articles today. Although they are both about CalPERS’ private equity “new business model,” you’ll see that this piece looks at it from a much broader vantage than JJ Jelincic’s article. His piece, which I hope you’ll also read if you […]

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[Update: Granted bail] Canada arrests Huawei’s Chief Financial Officer, China warns ‘grave consequences’

Two days ago, Canadian police arrested the chief financial officer of Huawei, Meng Wanzhou, following an extradition request by the United States government. Wanzhou was arrested for allegedly covering up Huawei’s links to a company that tried to sell equipment to Iran — a country under trade sanctions by the United States. Due to Huawei […]

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Canada arrests Huawei’s Chief Financial Officer, China warns ‘grave consequences’

Two days ago, Canadian police arrested the chief financial officer of Huawei, Meng Wanzhou, following an extradition request by the United States government. Wanzhou was arrested for allegedly covering up Huawei’s links to a company that tried to sell equipment to Iran — a country under trade sanctions by the United States. Due to Huawei […]

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Bill Black: Who Said This? A Bank Fraud Quiz

By Bill Black, the author of The Best Way to Rob a Bank is to Own One, an associate professor of economics and law at the University of Missouri-Kansas City, and co-founder of Bank Whistleblowers United. Jointly published with New Economic Perspectives I cannot write many blogs during the fall semesters because […]

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Japan reportedly planning to boycott Huawei and ZTE equipment for government use

Chinese technology companies have faced numerous difficulties overseas this year owing to a lack of trust, particularly in the US where Huawei’s proposed carrier deals with AT&T and Verizon fell through due to political pressure and ZTE was forced to pay huge fines and sack board members to resume trading. US government agencies were then […]

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Huawei CFO, Daughter of Founder and Possible Heir Apparent, Arrested in Canada on a US Extradition Request on Charges of Transfer of US Technology to Iran

The arrest of of Huawei CFO Wanzhou Meng on December 1 in Vancouver on a US extradition request is a major geopolitical and news event. Reuters reports Meng was intercepted while changing flights. So much for Xi and Trump trying to a reset so as to prevent the imposition of […]

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U.S. Treasury Sanctions Bitcoin Wallets For First Time

By Michael Kern, a newswriter and editor at Safehaven.com, Oilprice.com, and a writer at Crypto Insider. Originally published at CryptoInsider Last week, the U.S. Treasury Department of Foreign Assets Control (OFAC) targeted two bitcoin addresses, announcing that the wallets associated Iranian citizens Ali Khorashadizadeh and Mohammad Ghorbaniyan had been added […]

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How Did Public Land Drilling Rights Become Cheaper Than a Cup of Coffee?

Yves here. While the media has been working overtime on Russiagate theories, the Trump administration has been busy with giveaways, this one of public land rights. By Greta Moran, a news fellow at Grist. Follow her on Twitter: @gretalomoran. Originally published at Grist Last December, a London-based energy company secured […]

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Pathbreaking Fiduciary Duty Suit Against KKR/Prisma, Blackstone, PAAMCO, and Others to Proceed

An important suit, Mayberry v. KKR, alleging breaches of fiduciary duty by certain trustees and executives of the Kentucky Retirement System, along with three famous fund managers, KKR/Prisma, Blackrock, and PAAMCO, who set up customized hedge funds that were sold as providing stellar performance at low risk and turned out […]

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Corporate PACs Plot Counterstrategy to Thwart Campaign Finance Reform

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. A couple of days after the midterms, Politico reported: “I’m going to say something controversial: We believe there isn’t enough money in politics,” said Geoff Ziebart, executive […]

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