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☆ Ohtani’s Dizzying 3 Weeks End in Exoneration by Authorities
▼ + stars: | 2024-04-13 | by ( Tim Arango | Michael S. Schmidt | ) www.nytimes.com time to read: 1 min

In the clubhouse after the Los Angeles Dodgers won their season opener in Seoul last month, Shohei Ohtani’s longtime interpreter, Ippei Mizuhara, made a stunning admission to the team: He was a gambling addict, and Ohtani had paid his debts to a bookmaker. Ohtani, who is not fluent in English, listened but failed to fully grasp what Mizuhara said. He knew enough to grow suspicious, however, and he wanted answers. A couple of hours later, around midnight, Ohtani finally had the chance to pull Mizuhara into a conference room in the basement of the Fairmont Ambassador Hotel in Seoul. With just the two of them there, Mizuhara leveled with his boss: He had accrued enormous debts to the bookmaker and had been stealing the baseball star’s money to pay them off.

Persons: Shohei Ohtani’s, Ippei Mizuhara, Ohtani, Mizuhara Organizations: Los Angeles Dodgers Locations: Seoul, Fairmont

☆ CNN Exclusive: Conservative bigwig Matt Schlapp agreed to hefty settlement to end sexual assault lawsuit
▼ + stars: | 2024-03-27 | by ( Jamie Gangel | Gregory Krieg | ) edition.cnn.com time to read: +6 min

CNN —The Republican operative who accused American Conservative Union chairman Matt Schlapp of sexual assault last year received a significant financial settlement in exchange for dropping his lawsuit against Schlapp, multiple sources familiar with the case told CNN. The $480,000 settlement was paid to Carlton Huffman through an insurance policy, according to a source familiar with the details. The original lawsuit filed by Huffman against Schlapp asked for more than $9 million in damages. Huffman told CNN that Schlapp made unwanted sexual advances, including groping and fondling his groin without consent, on the ride back from two Atlanta-area bars on October 19, 2022. A former official on the Walker campaign told CNN he does not believe the settlement exonerates Schlapp.

Persons: Matt Schlapp, Schlapp, Carlton Huffman, Huffman, “, ” Schlapp, ”, ” Huffman, Tim Hyland, Mark Corallo, Donald Trump, George W, Bush, Mercedes Schlapp, Republican Herschel Walker’s, Charlie Gerow, Walker, Carlton, Huffman’s, ” “ Organizations: CNN, Republican, American Conservative, ACU, Washington Examiner, Political, Conference, House, Georgia GOP, Republican Herschel Walker’s Senate Locations: Atlanta, CPAC, Walker’s, Raleigh , North Carolina

The ruling was not related to a defense effort to disqualify Fani T. Willis, the district attorney of Fulton County, Ga., who is leading the case. Count 5 concerned a call that Mr. Trump made to David Ralston, who was then the speaker of the Georgia House. During that conversation Mr. Trump pressed Mr. Ralston to call a special legislative session to appoint new electors. Mr. Trump and his former personal lawyer, Rudolph W. Giuliani, had faced the most charges, at 13 apiece. They include Mark Meadows, the former White House chief of staff, and John Eastman, a legal architect of the plot to deploy fake electors in swing states that Mr. Trump lost.

Persons: Donald J, Trump, Scott McAfee, Fani, Willis, “, importuned, Brad Raffensperger, ”, McAfee, Steven H, Count, Raffensperger, Joseph R, Biden, David Ralston, Ralston, Rudolph W, Giuliani, Mark Meadows, John Eastman, Ray Smith III, Robert Cheeley, Anthony Michael Kreis, Kreis, Donald Trump, ” Norman Eisen, Eisen, Smith’s, Don Samuel, Ray Smith, Brian Kemp of, Nathan Wade Organizations: Fulton Superior Court, Prosecutors, Count, Trump, White House, Georgia State University, Act . Defense, Gov, Republican Locations: Atlanta, Georgia, Fulton, Fulton County ,, Brian Kemp of Georgia

☆ Takeaways from Robert Hur’s testimony on Biden’s mishandling of classified documents
▼ + stars: | 2024-03-12 | by ( Jeremy Herb | Marshall Cohen | ) edition.cnn.com time to read: +8 min

which found evidence Biden willfully retained classified materials but that the evidence did not rise to the level of proof beyond a reasonable doubt. And he took on criticism directly over his inclusion of the state of Biden’s memory. On the Republican side, lawmakers pressed Hur on why he didn’t charge Biden despite the evidence of classified documents in Biden’s possession. “In short, to borrow a phrase from the last administration, the Hur report represents the complete and total exoneration of President Biden,” Nadler said. Hur found some evidence that Biden willfully retained classified materials after he left the Obama White House.

Persons: Robert Hur, Joe Biden’s, Hur, Biden, Donald Trump, Jim Jordan’s, Jerry Nadler, Jordan, misremembering, Trump, Viktor Orbán, ” Nadler, Jacquelyn Martin, AP Hur, ” Hur, “, Robert Mueller, Mueller, Eric Swalwell of, ” Swalwell, isn’t, ”, Hank Johnson, Adam Schiff, ” Schiff, didn’t, I’m, ’ ”, Tom McClintock, Joe Biden, Biden “, Obama, “ Joe Biden, he’s, Mr, ” Jordan, Nadler, Biden’s, CNN’s Devan Cole, Hannah Rabinowitz, Holmes Lybrand, Evan Perez Organizations: Committee, Republicans, Biden, Trump, Rep, Department of Justice, Capitol, Democratic, Georgia Democrat, ”, California Democrat, Senate, Republican, California Republican, Democrat, Ohio Republican, Obama Locations: Egypt, Mexico, Hungary, Turkey, Washington ,, Russia, Eric Swalwell of California, Georgia, California, House, Ohio

☆ Robert Hur, Special Counsel Who Investigated Biden, to Testify Before Congress
▼ + stars: | 2024-03-12 | by ( Glenn Thrush | ) www.nytimes.com time to read: 1 min

Robert K. Hur will walk into a Capitol Hill hearing room on Tuesday as a uniquely unifying figure in divided Washington — a man disdained by Democrats and Republicans alike. In February, Mr. Hur, the special counsel who investigated President Biden, concluded a yearlong investigation into Mr. Biden’s retention of sensitive government documents by finding that the president should face no criminal charges. But Mr. Hur, using language Mr. Biden’s team saw as gratuitous, politically damaging and outside his job description, described the octogenarian president as “a sympathetic, well-meaning, elderly man with a poor memory,” likely to be acquitted by any jury. Mr. Hur, 51, will face withering questioning from both parties when he testifies before the House Judiciary Committee to explain his exoneration of Mr. Biden and the barbed prose in his 345-page report.

Persons: Robert K, Hur, Biden, Biden’s, Mr . Hur, Mr Organizations: Democrats, Republicans, Mr, Committee Locations: Washington

DETROIT (AP) — A jury awarded $10 million to a Detroit-area man who spent nearly six years in prison for the killing of a 15-year-old girl before his conviction was thrown out at the request of prosecutors. The jury said Alexandre Ansari's constitutional rights were violated by a Detroit police detective who concealed evidence in the fatal shooting. Photos You Should See View All 33 ImagesA failure to disclose the information would be “egregious," U.S. District Judge Stephen Murphy III said earlier in the litigation. But the prosecutor's office found that he feared for his family in Texas and Mexico if the drug dealer knew he was investigating him for murder, according to evidence in the case. In 2019, prosecutor Kym Worthy agreed to a "full and complete exoneration" of Ansari, freeing him from a life prison sentence, Mueller said.

Persons: —, Alexandre Ansari's, “, Wolf Mueller, Mueller, Ileana Cuevas, Stephen Murphy III, Kym Worthy, Ansari Organizations: DETROIT, Detroit, District Locations: Detroit, Wayne County, U.S, Texas, Mexico

☆ Tampa is paying Robert DuBoise $14 million after DNA evidence exonerated him after he spent 37 years behind bars
▼ + stars: | 2024-02-15 | by ( Jamiel Lynch | Dalia Faheid | ) edition.cnn.com time to read: +3 min

CNN —After a man wrongfully spent 37 years in prison for rape and murder, the Tampa City Council unanimously voted Thursday to approve a $14 million settlement in a federal lawsuit. Robert DuBoise, who was convicted of the August 1983 rape and murder of 19-year-old Barbara Grams in Tampa Heights, was exonerated in September 2020 after DNA evidence established that he did not commit the crimes. That made him the 30th person exonerated from Florida’s death row, according to the Innocence Project of Florida, which assisted with DuBoise’s case. CNN has reached out to the Innocence Project of Florida for comment on the settlement. During the city council meeting, council member Charlie Miranda commented on what DuBoise has lost through the wrongful conviction.

Persons: Robert DuBoise, Barbara Grams, ” DuBoise, “, Grams, Amos Robinson, Abron Scott, Jane Castor, DuBoise, ”, Police Lee Bercaw, Charlie Miranda Organizations: CNN, Tampa City, Innocence, Tampa Police Department, of, Police, Tampa Police Locations: Tampa, Tampa Heights, Florida, Pinellas County, of Florida, Hillsborough County

White House and Biden allies have taken aim at Hur for what they view as a gratuitous characterization of the president. White House Counsel Ed Siskel and Robert Bauer, the president’s personal attorney, were in the White House Map Room for the president’s interview with Hur, people briefed on the matter said. It was a mistake for the White House to “put him out on weakness and not strength,” one administration official said. White House officials stood by the forcefulness of the White House’s pushback to Hur’s report, saying not only did Biden take questions from reporters Thursday night, but the next day, White House counsel spokesman Ian Sams joined the press briefing. The White House has also sent a letter to the White House Correspondents’ Association taking issue with news coverage of the Hur report, the officials pointed out, while the Biden campaign has pointed to allies and legal experts questioning aspects of the report that the White House sees as problematic.

Persons: Joe Biden, Robert Hur’s, Hur, Biden, They’re, Donald Trump, Mr, Ed Siskel, Robert Bauer, Robert Mueller’s, Trump, Benjamin Netanyahu, Trump’s, ”, “, –, Beau, Karine Jean, Pierre said, Anita Dunn, Mike Donilon, Jeff Zients –, Ian Sams, CNN’s Edward, Isaac Dovere Organizations: CNN —, missteps, White, Biden, ”, National Archives, FBI, White House, Justice, CNN, Trump, Justice Department, Democratic, Hur’s, ’, CBS News, TikTok Locations: Israel, Surprise

EL CAJON, Calif. (AP) — A nurse at a California jail was found not guilty of involuntary manslaughter Friday in the November 2019 death of an inmate who collapsed in her cell. Danalee Pascua was acquitted in the death of 24-year-old Elisa Serna at the Las Colinas Detention Facility in the San Diego suburb of Santee, the San Diego Union-Tribune reported. Serna, who was five weeks pregnant, was booked into the jail five days before her death. “Both sides in the criminal case agreed on one thing: the personnel and the jail system failed abysmally to provide life-saving care to a 24-year-old woman who died needlessly on a jail cell floor," the statement said. Prosecutors said the doctor refused to go to Serna's cell to check on her after reports that the inmate had suffered a seizure.

Persons: Danalee Pascua, Elisa Serna, Dr, Friederike Von Lintig, Prosecutors didn't, Serna, ”, Alicia Freeze, ” Freeze, ” Von Lintig, Prosecutors Organizations: CAJON, San Diego Union, Tribune, Prosecutors, Union - Tribune Locations: Calif, California, San Diego, Santee, El Cajon

Hur cleared Biden of criminal wrongdoing in the 345-page report but inserted many unflattering references to Biden personally – calling him a "well-meaning, elderly man" with trouble remembering things. The Best Political Cartoons on Joe Biden View All 270 ImagesThe White House came back to the issue Friday with a fury. He noted that on Page 2 of the report, Hur argued that Biden "willfully" retained materials – but "buried way later on Page 215," the report said there was a shortage of evidence to support that. "I would call it a backhanded exoneration of President Biden. Former federal prosecutor Barbara McQuade said Hur "seems to go out of his way to smear Joe Biden.

Persons: Kamala Harris, Joe Biden's, Robert Hur, Donald Trump, Merrick Garland, Hur, Biden, –, Beau, Joe Biden, Harris, Ian Sams, Sams, It's, Norm Eisen, Eisen, Barbara McQuade, McQuade, Trump, Garland Organizations: White, Biden, Trump, Former Justice Department, Department, GOP Locations: Israel, Maryland

☆ No Trial for Biden Over Documents, but a Political Mess
▼ + stars: | 2024-02-08 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

The special counsel investigating President Biden’s handling of classified material after leaving the vice presidency in 2017 concluded in a report released today that “no criminal charges are warranted.”Robert Hur, the special counsel, found that Biden had “willfully” retained and disclosed some sensitive material, including notebooks with entries “implicating sensitive intelligence sources and methods.” Hur criticized the president for sharing some of the classified information with a ghostwriter, but added that the evidence “does not establish Mr. Biden’s guilt beyond a reasonable doubt.”For Biden, Hur’s decision not to prosecute was a long-awaited legal exoneration, but the special counsel’s report still turned out to be a political nightmare. In passages explaining his reasons not to pursue a trial, Hur said that Biden had presented himself as a “well-meaning, elderly man with a poor memory” and described interviews in which Biden could not recall when he served as vice president or what year his son Beau Biden died. A lawyer for Biden criticized parts of the report as “inaccurate and inappropriate.” In a statement, Biden appeared to suggest that his memory lapses were hiccups during five hours of interviews held in the days after Israel was attacked. But Hur’s comments resurfaced widespread worries about the president’s age.

Persons: Biden’s, ” Robert Hur, Biden, “, ”, ” Hur, Hur’s, Hur, Beau Biden Organizations: Biden Locations: Israel

The pending perjury trial of three retired Philadelphia police detectives could prove an exception, if they themselves are not cleared by alleged mistakes by District Attorney Larry Krasner’s office. Former detectives Martin Devlin, Manuel Santiago and Frank Jastrzembski have asked a judge to dismiss the case. That trial testimony was still fair game when Krasner, a civil rights lawyer focused on criminal justice reform, took office in 2018. He charged the Wright detectives in 2021, days before the five-year deadline expired. Last year, a mistake by prosecutors sank a police perjury case in Manhattan, when a judge halted the trial over their failure to turn over evidence to the defense.

Persons: Larry Krasner’s, Martin Devlin, Manuel Santiago, Frank Jastrzembski, Krasner, exoneree Anthony Wright, Wright, Krasner's, Sam Silver, Devlin, —, acquitting, Santiago, “ We’re, we’re, ”, Alan J, Tauber, There's, Marissa Bluestine, “, Bluestine, Maurice Possley, Lucretia Clemons, Brian McMonagle, ” Santiago Organizations: PHILADELPHIA, Philadelphia, nab, New, National, Pennsylvania Innocence, Quattrone Center, Fair Administration, Justice, University of Pennsylvania, Philadelphia Inquirer Locations: U.S, New Jersey, Jastrzembski, Philadelphia, Pennsylvania, Manhattan

☆ Man Exonerated in Malcolm X’s Murder Sues U.S. Over His Conviction
▼ + stars: | 2023-11-16 | by ( Ashley Southall | More About Ashley Southall | ) www.nytimes.com time to read: +1 min

A former member of the Nation of Islam who was exonerated in the assassination of Malcolm X filed a federal lawsuit on Thursday in a case that could shed new light on the F.B.I.’s role in one of the most notorious murders of the civil rights era. The lawsuit brought by the man, Muhammad A. Aziz, who spent more than 20 years in prison and was cleared of the murder in 2021, accuses the F.B.I. of hiding evidence that suggested he played no role in the 1965 death of Malcolm X, a leading figure in the historic social movement to empower disenfranchised Black Americans. Mr. Aziz’s suit, which names at least 19 bureau officials and seeks $40 million in damages, claims top officials, including J. Edgar Hoover, engaged in a “pattern and practice” of “causing miscarriages of justice.” Mr. Hoover, who is known to have ordered the surveillance and harassment of leaders of the civil rights movement, led the bureau for nearly half a century until his death in 1972. A companion lawsuit was filed on behalf of the estate of Khalil Islam, who was also convicted of the crime and died in 2009, more than a decade before his exoneration.

Persons: Malcolm X, Muhammad A, Aziz, Aziz’s, J, Edgar Hoover, ” Mr, Hoover, Khalil Islam Organizations: Black Locations: Islam

☆ Opinion | War in a Time of Informational Chaos
▼ + stars: | 2023-10-20 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +6 min

As a few bleak anecdotes illustrate, it is often impossible, in real time, for outsiders to know what is happening in the ceaselessly reigniting war between Israel and the Palestinians. Politicians issued impassioned condemnations of what some called Israeli war crimes. In May of last year, the Palestinian-American journalist Shireen Abu Akleh was shot and killed while covering an Israeli raid on the Jenin refugee camp. Israeli officials said she was either shot by a Palestinian or by an Israeli soldier aiming at a Palestinian gunman. It is the myth of a massacre at the Jenin refugee camp in 2002.

Persons: Elon Musk, Biden, I’d, didn’t, Shireen Abu Akleh, Abu Akleh, Israel, Saeb Erekat, “ Organizations: Elon, Twitter, Gaza Health Ministry, New York Times, Haaretz, Islamic, Israeli Defense Forces, West Bank, Palestinian, CNN, Amnesty, Human Rights Watch, United Nations, Rights Watch, IDF, Guardian Locations: Israel, Al, Ahli, Gaza, That’s, Tunisia, Berlin, Jordan, Egypt, Palestinian, American, Jenin, Netanya, “ Jenin, America

☆ Georgia deputy kills Black man freed from prison after exoneration
▼ + stars: | 2023-10-17 | by ( Brendan O'Brien | ) www.reuters.com time to read: +3 min

The officer pulled over Leonard Allan Cure, 53, on Monday morning along Interstate 95 in Camden County near the Florida border. An altercation ensued, and the deputy killed Cure, according to the Georgia Bureau of Investigation (GBI). In Monday's incident, the GBI said the deputy had told Cure that he was under arrest but Cure failed to comply with the officer's requests and assaulted him. Before shooting, the deputy used a Taser and a baton in an effort to subdue Cure, the agency said. It said in a statement on Monday that Cure was traveling to see his mother in south Florida when the incident occurred.

Persons: Kevin Wurm, Leonard Allan Cure, Cure, Leonard Cure, Brendan O'Brien, Jonathan Oatis Organizations: U.S, Capitol, REUTERS, Georgia Bureau of Investigation, Walgreens, New York Times, New York University, Stanford, Broward, Unit, Cure, of, Thomson Locations: American, Washington , U.S, Georgia, Florida, Camden County, Dania Beach , Florida, United States, EXONERATION, FLORIDA, of Florida, Chicago

☆ How Texas Monthly is cashing in on Hollywood's true crime obsession
▼ + stars: | 2023-10-10 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Streamers increasingly are leaning into true crime and stories about the heartland, and Texas Monthly can check those boxes. Of the publication's 50 film and TV projects, half fall into the true crime genre. "They're trying to reach the middle of the country, and we've got things that do that," Scott Brown, Texas Monthly's president, told Insider. Texas Monthly also has a first-look deal with Warner Bros. Sarah Aubrey, head of original content at Max (and an Austin native), told Insider Texas Monthly has an "uncanny ability" to identify not only gripping true crime but also cultural stories with unforgettable characters.

Persons: Richard Linklater, Oscar, we've, Scott Brown, Brown, Taylor Sheridan, Deborah Esquenazi, Sarah Aubrey, It's, Elizabeth Olsen, Max's, Jake Giles Netter, HBO Max, —, greenlit, James Reyos Organizations: Texas, Netflix, Hollywood, Warner Bros, HBO, HBO Max Texas, Entertainment, CAA Locations: Venice, Toronto, Houston, Scott Brown , Texas, Texas, Austin, Hollywood

Former University of Southern California gynecologist George Tyndall, accused of sexually abusing hundreds of women under the guise of medical exams, appears in court for arraignment in Los Angeles, California, U.S., July 1, 2019. REUTERS/Patrick T. Fallon/File Photo Acquire Licensing RightsOct 5 (Reuters) - Former University of Southern California (USC) campus gynecologist George Tyndall, who had been set to stand trial over accusations he sexually assaulted patients, has died, his defense attorney said on Thursday. University officials have acknowledged failing to act on a number of complaints made against Tyndall but denied a deliberate cover-up. Tyndall practiced at USC for nearly 30 years before the private, Los Angeles-based university suspended him in 2016. I wanted to see him convicted for what he did," Audry Nafziger, a former patient who accused Tyndall of abuse, told the L.A. Times.

Persons: George Tyndall, Patrick T, Tyndall's, Leonard Levine, Tyndall, Levine, I'm, John Manly, Jasper Ward, Kanishka Singh, Lisa Shumaker, Rosalba O'Brien Organizations: University of Southern, REUTERS, USC, Reuters, Los Angeles Superior, University, ., Thomson Locations: University of Southern California, Los Angeles , California, U.S, Los Angeles, Washington

☆ Trump said he'd release a new report detailing election fraud in Georgia. His legal team thinks it's a bad idea: ABC News
▼ + stars: | 2023-08-17 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

On Monday, a Georgia grand jury indicted Trump and 18 allies alleging they worked to try and overturn the results of the 2020 election. A day later, Trump said he had plans to soon release a report exonerating himself. His legal advisers, however, are telling him to cancel the event, saying it could put him in more legal trouble, according to ABC News. On Monday, a Georgia grand jury indicted Trump and 18 of his allies, alleging they conspired to overturn the results of the 2020 election. "Based on the results of this CONCLUSIVE Report, all charges should be dropped against me & others — There will be a complete EXONERATION!

Persons: Trump, exonerating, Donald Trump, he's, —, He's, Fani Willis Organizations: ABC News, Service, Truth, Conference, Trump Locations: Georgia, Wall, Silicon, Bedminster , New Jersey, New York

☆ From Cell to City Hall: Candidate’s Win Shows Shift in Politics of Crime
▼ + stars: | 2023-07-09 | by ( Corey Kilgannon | More About Corey Kilgannon | ) www.nytimes.com time to read: +1 min

During New York City’s crack era in the early 1990s, with homicide tallies five times higher than today, the authorities resorted to ruthless law enforcement. “They’d pull your socks off, pull your pants off.”Crime fell across the country during the ensuing decades in a broad societal shift, and New York become one of America’s safest big cities and a thriving tourist destination. But in its darkest days police and prosecutors had cut corners and used tactics that left untold numbers of innocent people — mostly poor men of color — imprisoned on bogus murder, rape and robbery charges. The prisoners’ dogged legal challenges prompted reinvestigations helped by left-leaning prosecutors, advances in DNA testing, pressure from newly formed advocacy groups and generous government restitution, turning New York into a national hotbed of exoneration. In recent years, one innocent middle-aged man after another has been released, ravaged by years in prison, into a tamer city.

Persons: ”, Derrick Hamilton, reinvestigations Locations: New York, Brooklyn

☆ Opinion | Justice Delayed
▼ + stars: | 2023-05-16 | by ( Lisa Belkin | ) www.nytimes.com time to read: +3 min

“We investigated this thing upside down,” said Jerry Hill, a retired state attorney, in a “Bone Valley” interview with Mr. King’s co-host, Kelsey Decker, minutes after the board denied parole to Mr. Schofield in 2020. And so it went in the Adams and Schofield cases, as the prosecutors all but physically barred the jailhouse door. There was no expression of regret from the prosecutors who convicted Randall Dale Adams in Dallas. (Mr. Lindsey himself spent three years on death row before the Florida Supreme Court concluded the evidence was insufficient to sustain his conviction. He is one of 30 death row inmates in Florida to be exonerated since 1972, according to the Death Penalty Information Center.)

☆ The Fed’s autopsy report on Silicon Valley Bank is coming. Here’s what to expect
▼ + stars: | 2023-04-28 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

The Federal Reserve, which is responsible for supervising banks in the United States, plans to release its report at 11 a.m. Another federal regulator, the Federal Deposit Insurance Corporation, will release a similar report on Signature Bank, which fell two days after SVB, in the afternoon. Those assets began steadily losing value when the central bank raised interest rates at a rapid pace last year. As the bank stumbled, it became clear that virtually all — 97%, according to data from Wedbush Securities — of SVB’s deposits were uninsured. There are indications the Fed, SVB’s primary regulator, warned the bank as early as 2019 about its insufficient risk-management systems, according to reporting from the Wall Street Journal and the New York Times.

☆ How investors cash in on the $2.9 billion boom in wrongful-conviction lawsuits
▼ + stars: | 2023-04-21 | by ( Delon Thornton | ) www.cnbc.com time to read: +2 min

For the past few decades, state and local governments throughout the U.S. have paid out a total of $2.9 billion to Americans who were wrongly convicted of crimes. Collectively, over 25,000 years have been lost behind bars to the wrongfully convicted, according to recent estimates. Thirty-eight states, the federal government and the District of Columbia all offer exonerees some form of wrongful-conviction compensation. "There's no credit checks, there's no collaterals, there's no guarantees, there's no assets," said Abraham Arouesty, of Tribeca Capital Group, a litigation firm that offers funding for wrongful-conviction cases. Watch the video above to find out more about why investors are betting on wrongful-conviction lawsuits

☆ The Fed Passes the Buck on Bank Failures
▼ + stars: | 2023-03-29 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

One certainty in politics is that the Federal Reserve will never accept responsibility for any financial problem. Fed Vice Chair for Supervision Michael Barr played that self-exoneration game on Tuesday before the Senate as he blamed bankers and Congress for Silicon Valley Bank’s failure. No one disputes that bankers failed to hedge the risk posed by rising interest rates to asset prices and deposits. What Mr. Barr didn’t say is that the Fed’s historic monetary mistake created the incentives for the bank blunders. The Fed fueled the fantastic deposit growth at SVB and other banks with its prolonged quantitative easing and zero interest-rate policy that caused banks to pile into longer-term, higher-yielding assets.

☆ Trump was invited to testify before a New York grand jury, suggesting an indictment could be near, New York Times reports
▼ + stars: | 2023-03-10 | by ( Laura Italiano | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Prosecutors offered Trump a chance to testify before a grand jury next week, per The New York Times. Such invitations are rarely accepted, but signal a grand jury may be close to voting on an indictment. In a statement to ABC News's John Santucci, a Trump spokesperson said: "The Manhattan District Attorney's threat to indict President Trump is simply insane. President Trump was the victim of extortion then, just as he is now. It's standard to offer the target of a grand jury the opportunity to voluntarily testify.

☆ New York prosecutors indicate Trump criminal charges likely, report says
▼ + stars: | 2023-03-09 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Two defense attorneys for Trump defense attorneys confirmed to NBC News that Trump has been told through his lawyers he can appear before the grand jury. The Trump attorneys said such an offer is standard, and that he was not issued a subpoena compelling his appearance. A spokesperson for Trump told NBC News: "The Manhattan District Attorney's threat to indict President Trump is simply insane." "The fact that after their intensive investigation the DA is even considering a new political attack is a clear exoneration of President Trump in all areas. President Trump was the victim of extortion then, just as he is now.

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