SEC to Relax Audit Requirements for Small Companies, Thus Facilitating Future Accounting Fraud
SEC proposes relaxing internal control attestation requirements for companies with annual revenues of less than $100 million.
Read more...Category Archives: Legal
Why Everyone in the U.S. Who Counts Wants Julian Assange Dead
Keep your eye on what Assange’s real offenses are in the minds of the officialdom.
Read more...Antitrust in American History: Law, Institutions, and Economic Performance
The Chicago School’s weakening of antitrust law hurt the economy
Read more...Bill Black: Thousands Die, Millions Injured on the Job, and No Businesses Prosecuted
Bill Black describes how OSHA’s few underfunded inspectors can’t do their jobs, and prosecutors don’t prosecute businesses for non-compliance.
Read more...Lawsuit Aims to Curtail Warrantless Searches of Electronic Devices at US Border
Lawsuit reveals border searches of electronic devices have nearly quadrupled in four years . US border officials claim they don’t need a warrant for such searches, can investigate issues beyond customs and immigration issues, and share data obtained with other foreign and domestic agencies. Plaintiffs ask judge to grant summary judgment and require warrants. Whatever she decides, the case will be appealed.
Read more...Bill Black: If Current Laws Prosecuting Bankers Aren’t Used, What Can Warren Change?
Bill Black demolishes the notion that we can’t prosecute banksters with laws now in place. He there’s no need to pass new laws – as Senator Elizabeth Warren proposes – but instead to appoint regulators and legal officers who’ll use what we know about dealing with criminogenic environments to prosecute white collar criminals. And to provide them with support and resources.
Read more...How to Opt Out of Airport Face Scanning: Don’t Fly
DHS barges full speed ahead to impose facial recognition software on travellers passing through US airports, without completing formal rulemaking procedures.
Read more...Department of Justice Indicts Two Drug Company Executives Over Opioid Sales; More to Come?
On Tuesday, the Southern District of New York and the Drug Enforcement Administration announced a series of indictments against one of the ten largest drug distributors in the US, Rochester Drug Co-Operative, and two former executives, the CEO and the chief compliance officer, and the latter has pled guilty and agreed to cooperate with prosecutors. […]
Read more...The Antitrust Case Against Facebook You Need to Know About
“Facebook is undermining our country, our democracy.”
Read more...Happy Earth Day 2019
Today is Earth Day, the theme: Protect Our Species. Much has changed since the first Earth Day: April 22, 1970. Individual action alone won’t save the planet, but that doesn’t mean there’s nothing one can do.
Read more...John Helmer: The Julian Assange Case Now Puts the US on Trial in a British Court – Is There a Get-Out-of-Jail Card for Assange?
A disucssion of legal issues in the Assange extradition case.
Read more...Judge Brian Morris Stymies New Trump Coal Sales on Federal Lands
US federal district judge Brian Morris dealt a serious setback to the Trump administration’s agenda of resuming coal mining on federal lands.
Read more...Bill Black: Faked Emissions May Send Volkswagen CEO to Prison
In this Real News Network interview, Bill Black examines the VW emissions scandal and discusses how corruption has become endemic in corporate Germany, and why the SEC and DoJ are targeting VW.
Read more...Empire and Economics: The Long History of Debt Cancellation from Antiquity to Today
Get a cup of coffee. A meaty talk by Michael Hudson, Liz Theoharis, and Aliou Niang on the social and economic logic of debt cancellation back when it was a regular practice.
Read more...Americans Have No Idea What “Freedom of the Press” Means
Why First Amendment “freedom of the press” protections are far broader than most Americans realize.
Read more...