Eric Schneiderman’s profile lately has been to go where federal regulators fear to tread, to actually do the jobs of the federal government when they fail to do so. In foreclosure fraud, he undertook the investigation that the feds would not. Now he is applying that to military foreclosures, although the authority here is a [...]

Either Rep. Joe Walsh or someone associated with posting the video of his meltdown at a meeting with constituents has now made the clip private, which is kind of hysterical in and of itself (UPDATE: there’s another version of the exchange here). But Think Progress provided a transcript so you can get the gist of [...]

As Marcy Wheeler says, this plot has it all – Mexican drug cartels, Iran, assassinations, attacks on the Saudi AND Israeli embassies. You name it, it’s in there. FBI and DEA agents have disrupted a plot to commit a “significant terrorist act in the United States” tied to Iran, federal officials told ABC News today. [...]

As yet another deadline in the foreclosure fraud settlement passes, an intriguing dynamic is taking hold. Attorneys General with aspirations for higher office – and that describes almost all Attorneys General – are feeling pressure, entirely from the side which doesn’t want to see a broad settlement and a whitewash for the banks. Two more [...]

The Global Commission on Drug Policy, a panel of luminaries from around the world, including former Republican Secretary of State George Schultz and former Fed Chairman Paul Volcker, has concluded that the war on drugs has failed, and that countries should change their regulatory policies to reflect this reality. “The global war on drugs has [...]

The Commodity Futures Trading Commission charged one trading house and two individuals for illegally manipulating oil prices during the price spike of 2008, when oil reached $147 a barrel, by creating the appearance of a shortage to drive up the benchmark for crude. While the action covers oil trading in 2008, the connection to today, [...]

Attorney General Eric Holder has uncovered “disturbing” details early in their investigation of gas price manipulation. He didn’t elaborate on the matter. The speculation of oil price has been out there since the spike of 2008. Matt Taibbi devoted an entire book Griftopia to the topic. It was a feature of his seminal article in [...]

As Marcy reported earlier, the Obama Administration retreated from their initial position and decided to try Khalid Sheikh Mohammed and four of his co-conspirators at a military tribunal in Guantanamo Bay, Cuba. This includes Walid bin Attash, Ramzi Binalshibh, Ali Abdul Aziz Ali and Mustafa Ahmed al Hawsawi. Holder in a press conference said that [...]

Neocons across the country wailed when it was announced that Ahmed Ghailani was convicted of only one count in his terrorism case, saying that it amounted to a travesty of justice. They didn’t bother to look at the one-count conviction and the penalty it carried. Turns out it’s life in prison. A federal judge on [...]

Eric Holder very proudly stepped up to the podium yesterday and explained that the Justice Department was deep into a wide-ranging financial fraud investigation that is looking at hundreds of separate incidents. A nationwide law enforcement crackdown targeting financial fraud has led to cases against 343 criminal defendants involving $8.3 billion in estimated losses, Attorney [...]

At one level, the United States has responded to the Wikileaks release of State Department cables by tightening their internal operations, basically looking at their own insufficiencies in protecting information. I think they have an unrealistic expectation because of the inherent insecurity of information in a technological age, but at least they’re pointing the finger [...]