Tag: Jr.

Sometimes cooperating with the Government doesn't pan out the way you thought it would. Bernie Madoff's CFO Frank DiPascali, Jr. learned that the hard way Tuesday.

After pleading guilty to an Information containing ten counts (pdf), carrying a possible sentence of 125 years in prison for which his sentencing guideline range would be life in prison, and agreeing to forfeit $170 billion (with a "b" as the judge pointed out) plus another $250 million, the issue of bail pending sentencing came up. The transcript of Tuesday's hearing is here (pdf).

DiPascali, 52, is cooperating, in hopes of avoiding a life sentence. He worked for Madoff for 30 years and admitted participating in the fraudulent scheme and cooking the books for 20 of them and lying to the SEC in 2006. He saw the light in December, 2008 -- 8 months ago. Since then, he's been a model citizen, reporting almost daily to meet with FBI agents and help them unravel what he and Bernie did. The Government agreed to recommend bail (pdf).

The Judge was having none of it. Not because he wanted to punish DiPascali, but because he doesn't trust the fraudster or his recent conversion to Truth, Justice and the American Way. [More...]

Thousands are marching in Denver and across the nation in honor of Martin Luther King, Jr. today. Whether marching for peace, for justice or for human rights, there's a unifying feeling and spirit of hope that change has come and will continue.

"Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny.

Whatever affects one directly, affects all indirectly."

Dr. Martin Luther King, Jr., Letter From a Birmingham Jail

Let's make this an open thread for your hopes of change in the coming Administration.

Jesse Jackson, Jr. has been providing the U.S. Attorney's office in Chicago with information about alleged bribes by Rod Blagojevich and details of meetings for months. Some call him an informant. Jackson rejects the label.

I would ask this: If Jackson, Jr. went to the feds to report what he perceived to be a personal bribe by Blagojevich -- a scheme in which Jackson believed himself to be a victim -- is that informing or reporting a crime?

Ratting and snitching are done for personal benefit -- either money or rewards of leniency for one's own misdeeds or for promises to lay off family members. Reporting a crime you witness, without needing, asking for or receiving any personal gain in exchange for the information doesn't seem to fit the label.

Snitching and ratting are bad. I don't think any site attacks the practice of Government purchased testimony from informants, snitches and rats more than TalkLeft. But... [More...]

Here's a short video of Bill Clinton and Mike Huckabee sharing a pew and singing today at the Ebenezer Baptist Church in Atlanta.

Here's a live-stream of the service which is still going on. Clinton acknowledged Huckabee in his remarks:

He acknowledged a litany of people, before beginning his remarks on MLK, including his “fellow Arkansan, and a competitor for the presidential nomination. Governor Huckabee welcome.”

” We worked together for several years on something that concerns everybody in this church: trying to turn the tide on childhood obesity, and childhood diabetes,”Clinton said.”A good man.”But he also said that they didn’t agree much on anything.

I hope we all take a few minutes today to reacquaint ourselves with the extraordinary wisdom, vision and passion of Dr. Martin Luther King, Jr. Some of my favorites:

• A one-minute video that features excerpts from Dr. King's 1967 speech, Beyond Vietnam: A Time to Break Silence , April 4, 1967, Riverside Church, New York City, amidst images of King, Vietnam, Bush, Iraq and more.

• Letter From Birmingham Jail (pdf), April 16, 1963

• I've Been to the Mountaintop: April 3, 1968. Dr. King's last speech, the day before his assassination, in support of the striking Memphis sanitation workers.