By Allan Lengel ticklethewire.com Suspected NY car bomber Faisal Shahzad who had been holed up in an undisclosed location talking to investigators without an attorney since his arrest May 3, was arraigned in U.S. District Court in Manhattan shortly after 5 p.m. Tuesday. The New York Times reported that Shahzad, 30, was wearing gray shirt…
By Allan Lengel ticklethewire.com WASHINGTON — Is the U.S. Attorney’s Office in Alexandria, Va., trying to run with the big dogs in New York in the area of securities fraud? A Wall Street Journal report gives a resounding Yes to that question. The paper’s Law Blog reports that U.S. Attorney Neil MacBride of Virginia “is…
By Allan Lengel ticklethewire.com WASHINGTON — The Justice Department has opened a preliminary investigation into Goldman Sachs, the poster child for greed in America. The New York Times, citing “people familiar with the matter’, said the Securities and Exchange Commission, which has filed a civil fraud suit against the financial giant, Goldman, referred the case…
By Allan Lengel ticklethewire.com Let’s just hope Bernie Madoff’s ego isn’t bruised knowing that people aren’t immediately snapping up his swanky properties in Manhattan and Palm Beach, Fla. Reuters news service reports that the government has had to lower the asking price, the result of a a soft market. “Madoff’s 4,000-square-foot duplex Manhattan penthouse, ‘perched…
