subpoenas

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Ambac Gets Subpoenas From Conn Atty Genl Over Moody’s >ABK Last Update: 5/12/2008 7:28:20 PM DOW JONES NEWSWIRES Ambac Financial Group Inc. (ABK) said Monday that it has received subpoenas from Connecticut’s attorney general over his investigation into Moody’s Investors Service’s municipal-bond rating practices. The New York bond insurer said in a filing with the Securities

It seems that every week the agency officially known as the Environmental Protection Agency acts more like the Environmental Polluters Agency. The EPA under the Bush Administration has focused on weakening regulations, over the objections of experts, and defending those who believe that saving the environment is simply bad economics. Easing Proposed Smog Rules Every five years the EPA is supposed to revise its limits on smog-forming ozone depending on whether current standards are adequate. About a year ago the Clean Air Scientific Advisory Committee unanimously recommended that the standard for ozone be lowered to 60 parts per billion, but certainly no more than 70 parts per billion. Ozone, which is formed by certain pollutants released by industry and motor vehicles, is a major factor

Reuters has reported here that the state of New York has subpoenaed three large Wall Street banks (Merrill Lynch, Bear Stearns, and Deutsche Bank) pursuant to a probe related to the creation of mortgage-backed securities.  The New York probe reportedly is looking into how mortgages were packaged together by Wall Street to create securities sold to investors and the banks’ relationship with credit-rating firms.

House Panel Subpoenas Ex-CIA Official in Tape Destruction ProbeExcerpt:"The House Intelligence Committee today subpoenaed Jose Rodriguez, the former head of the CIA's clandestine service, as part of its probe of the agency's destruction of videotaped interrogations of terror suspects.``We have been told that Mr. Rodriguez would like to tell his story, but his counsel has advised us that a subpoena would be necessary,'' Representative Silvestre Reyes, a Texas Democrat who is chairman of the panel, said in an e-mailed statement. ``We therefore have issued the subpoena.''"http://www.bloomberg.com/apps/news?pid=20601087&sid=a0erxbacwyc0&refer=home

Cuomo Subpoenas Street Firms on Underwriting As part of an expanding probe into the mortgage crisis, New York Attorney General Andrew Cuomo has subpoenaed loan underwriting records from a handful of Wall Street firms, according to industry sources. Wednesday morning The Wall Street Journal identified three firms that reportedly received subpoenas: Bear Stearns, Deutsche Bank, and Merrill Lynch. The Attorney General’s office has already subpoenaed records from contract underwriting firms, including The Bohan Group, San Francisco, and Clayton Holdings. One executive close to the matter indicated that “The Street is trying to blame the contractors they used.” At deadline time, a spokesman for the Attorney General’s office had not commented. Bear Stearns, Deutsche Bank, and Merrill Lynch had not released any statements on the matter. No Tags

New York state prosecutors have sent subpoenas to Wall Street firms seeking information related to the packaging and selling of debt tied to high-risk mortgages, a person familiar with the matter said on Wednesday.The subpoenas, sent by the office of New York Attorney General Andrew Cuomo, requested information from a number of Wall Street firms.The Wall Street Journal on Wednesday reported that Merrill Lynch & Co (NYSE:MER - News), Bear Stearns Cos (NYSE:BSC - News) and Deutsche Bank AG (XETRA:DBKGN.DE - News) received subpoenas, citing unnamed sources.

The GOP is bailing on the YouTube debate, with Romney disparaging it and Giuliani with a “scheduling conflict.” You’ll hear more from me on that later, just you wait. This ethanol plant gets 46 units of energy out for every 1 that is put in. It’s a lot better than your car, that’s for sure. President Bush has subpoenaed Michael Moore over his trip to Cuba in SiCKO. I wonder if Bush really expects Michael to show up, given Bush’s recent lack of respect for subpoena power. The U.K. has said it will only help the U.S. capture Osama Bin Laden if we promise not to torture him. How far have we sunk when our closest ally has to even ask this question? And rebuilding in Iraq continues to falter. Even though the U.S. has completed nearly 3,000 development projects, the Iraqi government is refusing to take over control of all but a handful, leaving brand new buildings and infrastructure in the hands of unprepared local leaders and leading to widespread decay a

In a story Ish and I have been following closely, French President Nicolas Sarkozy has signed a deal with Libyan leader Muammar Gaddafi. The deal involves healthcare, immigration, and civilian nuclear power. Perhaps this is a simple strengthening of ties between Libya and Europe, but it is worth keeping an eye on nonetheless. The House Judiciary Committee has authorized contempt charges against White House Chief or Staff Josh Bolton and former White House Counsel Harriet Miers for failing to respond to a subpoena issued in connection with the illegal firings of 8 U.S. attorneys. The Justice Department (read: Alberto Gonzales, the very man being investigated) has now officially said they will not prosecute those contempt charges, bringing Congress and President Bush ever closer to some kind of Constitutional showdown. Rove has been subpoenaed too, prompting Bush to say Congress has gone buckwild! The House has passed a law disallowing any permanent military bases in Iraq. I’m sure

In addition to subpoenas issued to the White House, the VPs office and the Department of Justice: “the panel is seeking materials on related issues, including the relationship between the Bush administration and several unidentified telecommunications companies that aided the N.S.A. eavesdropping program.” So upon the question of illegalities in the NSA program, the usual games of rhetoric and politics can be played. Patrick Leahy (D-VT) called the response prior to the subpoenas issuance as ‘“stonewalling of the worst kind.”’ May saw the testimony of James Comey a former deputy AG during which he described a March 2004 “confrontation” between Justice officials and White House aides regarding the “legality of the wiretapping program.” Of the testimony Chuck Schumer (D-NY) in fine politically tuned rhetoric said: ‘“The Comey testimony moved this front and center. Alarm bells went off. His testimony made it clear that there had been an effort

The Senate Judiciary Committee voted Thursday to subpoena documents from the Bush Administration related to the government’s admitted eavesdropping on Americans’ overseas emails and phone calls without getting court approval. In a 13-3 vote, the Committee decided to authorize chairman Patrick Leahy (D-VT) to issue subpoenas for documents related to the NSA warrantless surveillance program.   Nearly any request is going to be met with tough resistance from the White House, and the confrontation over the documents “could set the stage for a constitutional showdown over the separation of powers.” The subpoenas have long been expected from the Judiciary Committee. If the Administration decides to ignore the subpoena, the Committee can find the President or Attorney General in contempt, ask for a full Senate vote and then force a U.S. attorney to prosecute. Typically, compromises are reached before a full vote is taken in the Senate. Bush could also challenge the subp

Sara Taylor, former White House political director who reported directly to Karl Rove, was subpoenaed on Wednesday for documents and testimony regarding the U.S. attorney firings. On Wednesday, the House and Senate Judiciary Committees issued subpoenas for former Bush aides Sara M. Taylor and Harriet Miers. Harriet Miers was President Bush’s former White House counsel and Sara Taylor was the former White House political director who worked directly for Karl Rove. The showdown continues between Capital Hill Democrats and President Bush over Attorney General Gonzales and testimony over the firing of 9 U.S. attorneys last year with the issue of these subpoenas. President Bush has said previously that he would not allow his aides to testify publicly. “By refusing to cooperate with congressional committees, the White House continues its pattern of confrontation over cooperation. The White House cannot have it both ways, it cannot stonewall congressional investigations by

MSNBC article link House panel OKs subpoenas of Bush aides Move sets up constitutional showdown over firings of eight U.S. attorneys WASHINGTON - A House panel on Wednesday approved subpoenas for President Bush's political adviser, Karl Rove, and other top White House aides, setting up a constitutional showdown over the firings of eight federal prosecutors. By voice vote, the House Judiciary subcommittee on commercial and administrative law decided to compel the president's top aides to testify publicly and under oath about their roles in the firings. The White House has refused to budge in the controversy, standing by embattled Attorney General Alberto Gonzales and insisting that the firings were appropriate. White House spokesman Tony Snow said that in offering aides to talk to the committees privately, Bush had sought to avoid the "media spectacle" that would result from public hearings with Rove and others at the witness table. "The question they've got to ask th

  WASHINGTON (AP) - A House panel on Wednesday approved subpoenas for President Bush’s political adviser, Karl Rove and other top White House aides, setting up a constitutional showdown over the firings of eight federal prosecutors. By voice vote and without dissent, the House Judiciary subcommittee on commercial and administrative law decided to compel the president’s top aides to testify publicly and under oath about their roles in the firings. The White House has refused to budge in the controversy, standing by embattled Attorney General Alberto Gonzales and insisting that the firings were appropriate. White House spokesman Tony Snow said that in offering aides to talk to the committees privately, Bush had sought to avoid the “media spectacle” that would result from public hearings with Rove and others at the witness table. “The question they’ve got to ask themselves is, are you more interested in a political spectacle than getting the truth?&rdq

20th Century Fox served YouTube with a subpoena Wednesday demanding the Google-owned viral video site disclose the identity of a user who uploaded copies of entire recent episodes of primetime series "24" and "The Simpsons." In addition, a second, lesser-known video site, LiveDigital, was also served with a similar subpoena.Read More | Digg Story