A judge in the US District Court for the Northern District of Texas on Thursday indefinitely froze the assets of financier Allen Stanford at the instance of the US Securities and Exchange Commission (SEC) . Stanford was charged last month with orchestrating a fraudulent $8 billion investment scheme by selling certificates of deposits on the [...]

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The US Senate on Thursday confirmed David Ogden as the new Deputy Attorney General by a vote of 65-28 . In debate Wednesday, Republicans opposed to the nomination focused on Ogden's actions while serving in the private sector, where he defended groups who actively opposed anti-pornography and pre-abortion prenatal notification laws. Before the vote, Senator [...]

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Chibli Mallat : "Yesterday we encountered a strange moment of serendipity. Dr. Lateef Rashid, invited those of us working on the Global Justice Project: Iraq to dinner with his colleague, the Minister of Justice, Dara Noureddin. Dr. Rashid, the Minister for Water, has one of the best reputations in Iraq for running his complex Ministry, [...]

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US financier Bernard Madoff pleaded guilty Thursday in federal court to all 11 charges of securities fraud . The plea was entered at a hearing before Judge Denny Chin of the US District Court for the Southern District of New York . Victims of Madoff's alleged multi-billion dollar Ponzi scheme are expected to testify at [...]

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