Entries by emptywheel

Ponzi Nation, Monday Edition

Another day another Ponzi scheme broken up by the SEC.

The Securities and Exchange Commission has charged a Philadelphia-area investment adviser and its principal with misappropriating millions of dollars in client assets, and obtained an emergency court order freezing their assets.

The SEC alleges that through a commingled brokerage account, Donald Anthony Walker Young of Coatesville, Pa., and Acorn Capital Management, LLC misappropriated more than $23 million from investors buying limited partnership interests

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The al-Haramain Case Stays On Track

It was late and welcome news Friday afternoon when Judge Vaughn Walker’s decision in the al-Haramain case came in. The seminal importance of Walker’s decision to allow the matter to proceed against the fierce efforts to dismiss it by the government simply cannot be overstated.

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The Torture Memos and the FBI-CIA Dispute

David Johnston wrote an article shortly after Bush brought the High Value Detainees to Gitmo. It helps elucidate a lot of the details we’re seeing in the torture memos. And the torture memos serve to explain why the FBI-CIA dispute he portrayed took the form it did.

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