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By Ted Cruz
Banning speech with a constitutional amendment is playing with fire
Topic - Jed S. Rakoff
A former Goldman Sachs and Procter & Gamble Co. board member was sentenced to two years in prison Wednesday, culminating a spectacular fall from grace for a man who retained support from prominent business and civic leaders even after he was convicted of feeding inside information about board dealings to a billionaire hedge fund owner who was his friend.
The city cannot try to scare smokers by requiring grotesque images of diseased lungs and decaying teeth at stores that sell cigarettes because the federal government gets to decide how to warn people about the dangers of smoking tobacco, an appeals court ruled Tuesday.
The New York Mets owners and a trustee for Bernard Madoff's fraud victims settled Monday for $162 million in a case aimed at repairing the damage from a massive investment scheme.
A federal appeals court said Thursday that a judge likely overstepped his authority when he blocked a $285 million settlement over toxic mortgage securities by calling it bad policy for a regulatory agency to accept a deal that does not include an admission of liability.
The New York Mets' owners must pay up to $83 million to the trustee recovering money for Bernard Madoff investors, a judge said Monday, though he expressed doubt that the trustee will succeed in proving at a trial this month that he's entitled to as much as $300 million more.
The owner of the New York Giants tried a courthouse version of the Hail Mary pass Tuesday to escape serving on a jury hearing a drug trial before a judge threw him for a loss, rejecting excuses that included the upcoming NFL draft and his role as a negotiator for team owners in the work stoppage that resulted from their dispute with players.
The city's campaign to scare smokers with grotesque images of decaying teeth or a diseased lung wherever tobacco products are sold was struck down Wednesday by a federal judge who concluded that only the federal government can dictate warnings that must accompany the promotion of cigarettes.
NEW YORK (AP) — Foreign diplomats get great parking spots, but their home countries can't escape the U.S. tax man.
When Rakoff ruled in December 2010, he wrote: "Even merchants of morbidity are entitled to the full protection of the law."
He said the posters offered by the city contained "graphic, even gruesome images," though he noted that one-third of smokers die of tobacco-related diseases and more people in New York die from smoking annually than from AIDS, homicide and suicide combined.