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Texas real estate magnate Harlan Crow provided lavish vacations to Justice Clarence Thomas. Born in 1949 in Dallas, Texas, Crow is a 74-year-old real estate developer and the chairman of Crow Holdings, a Dallas-based real estate development and investment firm that was started by his father, Trammell Crow. Before his death in 2009, Trammell Crow was once one of the nation's most prominent real estate developers and landlords. What's his relationship with Supreme Court Justice Clarence Thomas? He also donated $105,000 to Thomas' alma mater, Yale Law School, for the "Justice Thomas Portrait Fund."
WHO IS HARLAN CROW? Crow, 74, is the chairman and former CEO of Crow Holdings, a Texas-based family real estate firm established to manage the capital of the Trammell Crow family. While his net worth is unclear, Crow Holdings had $19.6 billion in assets under management in 2020. Harlan Crow was pivotal in restructuring the company’s debt in the 1980s, saving it from bankruptcy, according to media reports. HARLAN CROW'S POLITICAL LEANINGSCrow has a history of donating to conservative causes.
Democrats are urging the Supreme Court to address ethics concerns around Justice Clarence Thomas. ProPublica reported this week that Thomas has accepted free vacations worth hundreds of thousands of dollars. They close by urging Chief Justice Roberts to ensure that the highest court's ethics code is treated are more than just a suggestion. "The highest court in the land should have the highest ethical standards," Kyle Herrig, president of the advocacy group Accountable.US, said in a statement. A spokesperson for the Supreme Court did not immediately respond to a request for comment.
Democrats are urging the Supreme Court to address ethics concerns around Justice Clarence Thomas. ProPublica reported this week that Thomas has accepted free vacations worth hundreds of thousands of dollars. They close by urging Chief Justice Roberts to ensure that the highest court's ethics code is treated are more than just a suggestion. "The highest court in the land should have the highest ethical standards," Kyle Herrig, president of the advocacy group Accountable.US, said in a statement. A spokesperson for the Supreme Court did not immediately respond to a request for comment.
A team of ProPublica reporters earlier this year began looking into the travel of various Supreme Court justices, not entirely sure what they would find, if anything. But their editors encouraged the team to keep working the story, Justin Elliott, a member of the reporting team, told me by phone on Thursday. “The progress was gratifyingly steady,” Elliot told me, cautioning, however, that “it was not easy.”Easy or not, the final product that published on Thursday morning was unquestionably worth the effort. “These trips appeared nowhere on Thomas’ financial disclosures,” the ProPublica team wrote. “From my perspective as a reporter,” Elliott told me, “I feel so lucky to have the reporting resources and time resources to do a heavy lift like this.
WASHINGTON, April 7 (Reuters) - Clarence Thomas' career as a U.S. Supreme Court justice began following one of the most contentious confirmation battles in Senate history and 32 years later this conservative champion continues to draw controversy. As one of the most conservative justices in a conservative-heavy Supreme Court, Thomas has been a lightning rod for liberals who have been frustrated by his rulings and his tone. Just last summer, Thomas sparked an uproar on the heels of the Supreme Court overturning the landmark Roe v. Wade ruling, which established the right to abortion. Amid outrage among Democrats in Congress, Thomas said Supreme Court precedents protecting rights to contraception, same-sex intimacy and gay marriage ought to be reconsidered in future cases. Thomas, only the second Black justice to serve on the highest U.S. court, is known for not shying away from controversy, despite an almost Sphinx-like demeanor during Supreme Court sessions.
There are renewed calls to impeach Supreme Court Justice Clarence Thomas amid new ethics concerns. But the only way to remove a Supreme Court justice is via impeachment, and only one justice has ever been impeached. Amid the backlash, Justice Thomas did not recuse himself from any January 6 cases. Only one other Supreme Court justice has ever been impeached, and he wasn't convicted. In other words, scandals may come and go, but Supreme Court justices are for life.
But first, can you explain what venture debt is? The venture debt community, which has grown considerably as equity funding has dried up, is skeptical that First Citizens is the best firm for the job, Insider's Darius Rafieyan reports. Reporting from the first annual Venture Debt Conference in New York, which First Citizens seemed to be absent from, Darius details how attendees and panelists questioned the family-run regional bank's ability to take over the complex and nuanced business that is venture debt. I'm all for learning on the job, but that type of knowledge seems like a prerequisite for buying a business with more than $70 billion in venture debt. But, if First Citizens is as ill-equipped to take over SVB's venture-debt business as some believe, that only further complicates the matter.
Associate Justice Clarence Thomas during the formal group photograph at the Supreme Court in Washington, DC, US, on Friday, Oct. 7, 2022. Supreme Court Justice Clarence Thomas has accepted secret luxury trips from Republican megadonor Harlan Crow for more than two decades in apparent violation of a financial disclosure law, a ProPublica report revealed Thursday. Thomas has vacationed on Crow's 162-foot superyacht, flown on the real estate developer's private jet and spent time at the GOP donor's private resort and other exclusive retreats, ProPublica reported, citing documents and dozens of interviews. Thomas "seems to have completely disregarded his higher ethical obligations," Virginia Canter, chief ethics counsel at the watchdog group CREW, told the outlet. Spokespeople for the Supreme Court and Crow did not immediately respond to CNBC's request for comment on the investigation.
Former GOP House members are slamming Justice Clarence Thomas over his cozy relationship with a billionaire. One of Thomas' fellow conservatives says he "should not be allowed anywhere near a judicial decision." Because Justice Thomas knew it was wrong to accept these secret gifts." Former GOP Virginia House member Denver Riggleman reacted to ProPublica's report on Twitter, saying "Our country is poisoned from within. Another former Republican House member Adam Kinzinger tweeted "Regardless of your politics, this cannot be acceptable."
Supreme Court Justice Clarence Thomas once said in a documentary that he prefers RV parks and Walmarts. A new ProPublica report found Thomas has been taking luxury vacations paid for by a GOP megadonor for years. A Supreme Court spokesperson did not immediately respond to requests for comment by Insider on Thursday. "Justice Thomas and Ginni never asked for any of this hospitality," Crow said. "We have never asked about a pending or lower court case, and Justice Thomas has never discussed one, and we have never sought to influence Justice Thomas on any legal or political issue," said Crow.
The news outlet said the frequency of the gifts have "no known precedent in the modern history of the U.S. Supreme Court." Thomas and Chief Justice John Roberts did not immediately respond to a request for comment. "This cries out for the kind of independent investigation that the Supreme Court — and only the Supreme Court, across the entire government — refuses to perform," Whitehouse said on Twitter. The ProPublica report is the latest revelation to prompt ethics concerns about Thomas. Thomas's failure to report the trips provided by Crow appears to violate a federal law requiring justices, judges and other federal officials disclose most gifts, ProPublica reported, citing legal ethics experts.
GOP megadonor Harlan Crow has been secretly funding lavish vacations for Justice Clarence Thomas. But he's also given thousands to Democrats who've stymied the party's agenda at various times. Joe Manchin and Kyrsten Sinema, as well as Reps. Josh Gottheimer and Henry Cuellar. According to federal campaign finance data, the Texas billionaire has given $16,800 to Rep. Josh Gottheimer of New Jersey since 2018, contributing thousands as recently as October 2022. For his part, Crow told ProPublica in a statement that he and his wife "have never sought to influence Justice Thomas on any legal or political issue."
A ProPublica report found Clarence Thomas has been taking vacations paid for by a GOP megadonor. A Supreme Court spokesperson did not immediately respond to Insider's request for comment on Thursday. "Justice Thomas and Ginni never asked for any of this hospitality," Crow said. "We have never asked about a pending or lower court case, and Justice Thomas has never discussed one, and we have never sought to influence Justice Thomas on any legal or political issue," he added. And unlike the rest of the federal judiciary, the Supreme Court is not bound by a code of conduct.
The conservative blowback came as no surprise to Parker, who told Nike's board of directors to expect some short-term backlash. In late 2014, the BBC sent a film crew to Portland to interview several former Oregon Project employees. "He would be at the side of the track calling out runners' splits but wouldn't call Kara's out," Adam Goucher told me. When people asked why she left the Oregon Project, she said it was a "personal decision." "I don't think it has anything to do with who the CEO is," Goucher told me.
A Georgia county refused to change a health plan to cover a trans employee's surgeries, citing the cost. The county spent nearly $1.2 million in legal fees fighting it in court, and lost. Lange came out as a transgender woman to her colleagues in 2017, after working for the Houston County Sheriff's Office for more than a decade, legal documents show. Houston County spent $57,135 on a budget expert to make the case, per ProPublica. Houston County did not immediately respond to Insider's request for comment.
A Georgia county was accused of refusing to include gender-affirming care as part of their health coverage. The county spent $1.2 million fighting it, ProPublica found — significantly more than the cost to cover care. Anna Lange, a sheriff's deputy in Georgia's Houston County requested her county expand its healthcare coverage to cover her gender-affirming care, according to court documents reviewed by Insider. "You knew right then and there that no matter what I said, that it wouldn't matter," she told ProPublica. "It was a slap in the face, really, to find out how much they had spent," Lange told ProPublica.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCEOs are trading on non-public information about their competitors: ProPublicaProPublica's Robert Faturechi joins 'Squawk Box' to discuss IRS files on CEO trading habits, potential insider trading concerns, and the SCC and DOJ response to the findings.
The Alliance For Hippocratic Medicine wants Judge Kacsmaryk to nullify the FDA's medical approval of mifepristone, which would effectively ban the abortion pill across the US. But Kacsmaryk asked the attorneys to not to publicize the hearing, citing security concerns. Those present at the Friday conference call included lawyers from the Justice Department, the abortion pill maker Danco Laboratories, and a group that opposes abortion called the Alliance Defending Freedom. A group of physicians who oppose abortion called the Alliance for Hippocratic Medicine asked Kacsmaryk in November to order the Food and Drug Administration to withdraw its approval of the abortion pill mifepristone. The abortion pill has become the central flashpoint in the legal battle over access to abortion in the wake of the Supreme Court's ruling that overturned Roe v. Wade last June.
A federal judge in Texas publicly disclosed that he scheduled a hearing in a case seeking to overturn the Food and Drug Administration's approval of the abortion pill mifepristone, after media outlets criticized him for attempting to keep the proceedings secret until the last minute. The hearing will take place in Amarillo, Texas. Media outlets filed a letter on Monday urging Kacsmaryk to disclose the date of the hearing immediately. The outlets included NBCUniversal News Group, of which CNBC is a part, The Washington Post, ProPublica, the Texas Press Association and Gannett, among others. They argued that the way the FDA approved mifepristone violated federal law.
Police make requests for social media user data to aid prosecution after a crime has been committed. ProPublica found similar web trackers that capture user data on the sites of at least nine online pharmacies that offer abortion pills by mail, including Abortion Ease, BestAbortionPill.com, PrivacyPillRX, PillsOnlineRX, Secure Abortion Pills, AbortionRx, Generic Abortion Pills, Abortion Privacy, and Online Abortion Pill Rx. Private content by users — such as location data or messages — requires law enforcement to obtain a warrant before it can be turned over. She said because the platforms themselves are unlikely to prioritize user privacy, the burden to do so falls on the individual user. "All the angst directed social media services for being a pawn in law enforcement's game seems misdirected to me.
Banker salaries will get you in first class, but the potential total comp at PE firms and hedge funds will get you flying private. PE firms have been known to grind through people, but nothing quite compares to life at an investment bank. An investment bank's analyst program remains the go-to route to get your foot in the door on the Street. Click here to read more about salaries being offered by top PE firms to 2024 associates. All kidding aside, this deep dive by ProPublica is a fascinating look into how investment firms are helping the ultrarich save on taxes.
Here's how the wealthy skirt taxes with 'wash sales'
  + stars: | 2023-02-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's how the wealthy skirt taxes with 'wash sales'Paul Kiel, ProPublica reporter, joins 'Squawk Box' to discuss the history of 'wash sales,' understanding the tax policy, and more.
JB and I are not on speaking terms these days," said Ken Griffin, the billionaire hedge-fund manager, referring to JB Pritzker, the Democratic governor of Illinois. As Florida rolled back pandemic restrictions more quickly than Chicago, even more Citadel employees migrated south. Ken Griffin's hedge fund has had a run of eye-popping returns since 2020. Others worry that it gives Griffin's hedge fund an unfair advantage. Hundreds of Citadel employees, partners, and families gathered at the Orange County Convention Center in Orlando Florida.
Rep. Pressley never tweeted this.”A Twitter advanced search did not reveal any such post published via Pressley’s official Twitter account (archive.is/wip/5bhz5). Archived versions of her Twitter account saved on June 17, 2021, similarly, do not reveal the tweet (here). An archive of Pressley’s deleted tweets saved via ProPublica's Politwoops does not reveal any such deleted post first published on June 15, 2021 (here similar archive of Pressley’s deleted Twitter posts saved via Polititweet does not reveal the post (here). Google advanced search does not reveal any media articles reporting on the purported tweet, and instead, reveals iterations of the image shared via meme sites such as iFunny (archive.is/wip/sHwuX). No such tweet was published by Rep. Pressley.
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