Another day, another criminal Fed employee admits to being just that.
Recall that just yesterday we wrote about former NY Fed employee Jason Gross who somehow managed to avoid a prison sentence, but was slapped on the wrist with a $2,000 fine after he admitted to stealing confidential NY Fed data and handing it over to his former supervisor in his new role working for Goldman Sachs.
Frank Sinatra, Jr. has died. The son of the famous Sinatra, Sr., who followed in his father’s footsteps, died at the age of 72. Sinatra Jr.’s bizarre kidnapping added a very bizarre chapter to his father’s legacy. The New York Times writes of Frank Sinatra Jr.’s death: The younger Mr. Sinatra died of cardiac arrest while on tour in Daytona Beach, Fla., the Sinatra family said in a statement to The Associated Press. The statement said the family mourned the untimely passing of their son, brother, father and uncle. No other details were provided.
One of the biggest scandals at the end of 2014 was the dramatic confirmation courtesy of 48 hours of declassified tapes by former NY Fed staffer Carmen Segarra that not only Goldman Sachs controls the New York Fed (headed by former Goldman managing director Bill Dudley), but that disturbingly one of Goldman Sachs' then-employees, former NY Fed regulator, then 29-year old Rohit Bansal was routinely being provided with confidential NY Fed documents.
Amid fierce criticism, the Investigatory Powers Bill, best known as the Snoopers’ Charter, passed its second reading in the UK’s lower house of Parliament on Tuesday. The House of Commons gave its blessing 281-15 to with all the main opposition parties deciding to abstain from voting rather than opposing the bill. They say that the legislation needs extensive amendments before being signed into law. During the public review session a number of prominent politicians voiced strong opposition to the bill, claiming that it was likely illegal and did not include sufficient safeguards.
The United States House of Representatives have labeled the ISIS atrocities against religious and ethnic minorities “genocide” and have called for the establishment of local and international tribunals.