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In Rare Move, US Sues Barclays For Mortgage Securities Fraud

The market was waiting for the DOJ to announce the long-awaited settlement with Deutsche Bank today. Instead, it got news of a surprise lawsuit filed by the DOJ which sued Barclays after failing to settle a long-running probe into the UK bank's involvement in pre-crisis mortgage fraud. Deutsche Bank and Credit Suisse are in settlement negotiations with the DOJ over similar claims.

Man Who Stole $1.6 Million Bucket Full Of Gold In Midtown Manhattan Has Been Identified

Man Who Stole $1.6 Million Bucket Full Of Gold In Midtown Manhattan Has Been Identified

Three weeks ago we reported that in what may have been one of the most brazen thefts in Manhattan's jewelry district, a man brazenly swiped an 86-pound bucket full of gold worth $1.6 million from the back of an unattended Loomis armored truck on West 48th Street in the Diamond District on Sept. 29, in broad daylight, as tourists and locals were walking in and out of the jewelry stores that line the block.

The whole incident was caught on closed-circuit camera.

Google Sued By Employee For Illegally Muzzling Workers

A lawsuit has been filed against Google by one of its employees, alleging the company's policies improperly muzzle workers. The suit, posted on the website of the plaintiff's lawyer, challenges the legality of Google’s policies and seeks damages for 12 alleged violations of California labor code under the state’s Private Attorneys General Act. The case was filed by Google product manager identified only as “John Doe,” who says he was falsely accused by a Google manager of ‘‘leaking” information to the press.

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