Law

National

Former JPMorgan Chase Traders Charged Over 'White Whale' Bets

8:40am August 16, 2013

by Jim Zarroli

Federal prosecutors filed criminal charges on Wednesday against two JPMorgan Chase traders involved in the "London Whale" bets that produced $6 billion in losses for the bank. The Securities and Exchange Commission also filed a civil case. The two men were charged with fraud and conspiracy to falsify books and records.

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Holder Unveils New Approach To Criminal Justice

7:59am August 15, 2013

U.S. Attorney General Eric Holder outlined changes Monday to ease overcrowding prisons in a speech to the American Bar Association in San Francisco. David Greene talks to Ohio State University law professor Douglas Berman about the plan to ease mandatory sentences for drug offenders.

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2 Ex-Traders Accused Of Covering Up JPMorgan Losses

5:24am August 15, 2013

by Ilya Marritz

Federal prosecutors in the U.S. have charged two former traders in JPMorgan Chase's London office with securities fraud. The two men were part of the so-called "London Whale" case, which ended up costing the company more than $6 billion. U.S. officials say the men lied about the value of some derivatives trades to cover up mounting losses.

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Feds Sue To Block Proposed Airline Merger

9:16am August 14, 2013

by Wade Goodwyn

The U.S. Justice Department is suing to stop the proposed merger of American Airlines and U.S. Airways. The government says the merger would hurt competition and raise costs for consumers.

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National

Brand New N.C. Voter ID Law Already Facing Challenges

6:31pm August 13, 2013

by Dave DeWitt

North Carolina's new voter ID law is already facing legal challenges — one day after Governor Pat McCrory signed the bill into law. The measure ends a week of early voting and eliminates same-day registration.

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North Carolina Governor Signs Controversial Voter ID Bill

2:59pm August 13, 2013

by Doreen McCallister

The measure signed Monday by Gov. Pat McCrory overhauls the state's election laws. It requires government-issued photo IDs at the polls, reduces the early voting period by one week and ends same-day registration.

Tourre Juror: 'We Saw Goldman As The Bigger Problem'

12:06pm August 09, 2013

by Lisa Chow

"We didn't feel any malice" toward Tourre, a juror said. "We felt sympathy at times."

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Ted Andrews, CEO of HerbCo International, says the H-2A agricultural guest worker program needs improvements.

After Immigration Bust, Herb Grower Tries A New Path

10:58pm August 07, 2013

by Liz Jones

One of the nation's largest herb producers once relied heavily on undocumented labor, but has learned some hard lessons since an immigration crackdown. He says transitioning to a legal workforce was well worth it, but that navigating a cumbersome foreign worker program has been challenging.

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National

Attorneys Assigned To Fort Hood Shooter Want To Back Out

5:48pm August 07, 2013

There was an unexpected hold-up on day two of the court martial of Army Maj. Nidal Hasan, accused of gunning down fellow soldiers at Fort Hood. His "standby" attorneys have told the judge that don't believe it's ethical for them to keep assisting a man who they believe is trying to get the death penalty.

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Politics & Government

With Holder In The Lead, Sentencing Reform Gains Momentum

11:21am August 07, 2013

by Carrie Johnson

Eric Holder, the nation's top law enforcement officer, is calling for a sea change in the criminal justice system. The attorney general is joined by a bipartisan group of lawmakers who want to overhaul prison sentencing policies.

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