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Search Results for: Sub-prime

Libya revolutionaries continue to detain suspected Gaddafi mercenaries: UN report

November 29, 2011 10:58:24 AM

An estimated 7,000 detainees are still being held without due process by Libyan revolutionaries, according to a UN report made public Monday. The report to the UN Security Council, by UN Secretary-General Ban Ki-moon , says that...

October 28, 2011 12:26:40 PM

A judge for the US District Court for the Southern District of New York on Friday ordered the US Securities and Exchange Commission (SEC) and Citigroup to defend their recent settlement...

September 13, 2011 11:51:17 AM

Both the government of ousted Libyan leader Muammar Gaddafi and the newly formed National Transitional Council (NTC) have committed war crimes during the conflict in the country, Amnesty International (AI) reported...

June 22, 2011 12:12:57 PM

Ukrainian opposition leader and former prime minister Yulia Tymoshenko filed a complaint with the European Court of Human Rights (ECHR) on Tuesday, alleging violations of the European Convention of Human...

February 3, 2011 01:07:04 PM

The Superior Court of California County of Los Angeles on Wednesday approved a $6.5 million settlement between the state of California and two former Countrywide Financial Corporation executives accused of predatory lending. The lawsuit alleged...

January 11, 2011 01:00:24 PM

The New York Court of Appeals on Tuesday dismissed a lawsuit against bond insurance company MBIA alleging breach of contract brought by several of the world's largest financial institutions. The lawsuit challenged the break-up...

October 14, 2010 08:33:59 AM

Attorneys general from all 50 states and the District of Columbia announced Wednesday that they have formed a bipartisan group called the Mortgage Foreclosure Multistate Group (MFMG), which will be investigating allegations of procedural defects committed...

September 28, 2010 10:06:35 AM

A judge for the US District Court for the Southern District of New York on Monday ruled that a securities fraud class-action lawsuit against American International Group (AIG) can move forward. Judge Taylor Swain refused...

August 17, 2010 10:38:36 AM

A federal judge on Monday rejected a $75 million settlement reached between Citigroup and the US Securities and Exchange Commission (SEC) last month to resolve charges of misleading investors about Citigroup's exposure to...

July 31, 2010 10:36:01 AM

The US Securities and Exchange Commission announced Thursday that it has charged Citigroup Inc. with misleading investors about the company's exposure to sub-prime mortgage-related assets and settled with the company for...

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THIS DAY @ LAW

Magna Carta established fundamental rights in England

On June 15, 1215, King John sealed the Magna Carta at Runnymede, establishing certain fundamental rights as part of the law in England. Learn more about the Magna Carta.

Twelfth Amendment Ratified

On June 15, 1804, the Twelfth Amendment to the U.S. Constitution was ratified, creating separate votes in the electoral college for President and Vice-President. In prior elections, the country experienced problems with the original system in Article II, Section 1, Clause 3 of the Constitution, which failed to adequately segregate votes for President and Vice-President. This led to a tie in the 1800 election between Presidential and Vice-Presidential candidates of the same party. Learn more about the history of the Twelfth Amendment from the University of Chicago.