Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts
Wednesday, June 22, 2011

Supreme Court Throws Out Walmart Sex Bias Lawsuit

    As the Judiciary Report expected, the U.S. Supreme Court, has thrown out a sexual discrimination lawsuit against retailer Walmart, brought by its female employees, who are struggling to make the same promotions and pay as male counterparts.

    As published here three months ago (Walmart Sex Discrimination Lawsuit At Unsympathetic Supreme Court), the Judiciary Report did not like Justice Scalia’s sarcastic and unsympathetic comments about the case, leading the site to believe, he was going to spearhead the charge to shoot down the legal petition.

    This week it was announced, the lawsuit has been thrown out. Scalia is once again, defying the purpose of having checks and balances in a nation, when he sways court cases among the justices and even installed a president, as he did with Bush in 2000 (look it up, he is credited with pushing the other members of the court to rule the presidency belonged to Bush, not Gore).

    Once again, the Judiciary Report’s statements regarding the Supreme Court and Federal Courts, routinely siding against everyday people, many of whom have been terribly victimized, in favor of large corporations, has been proven correct.

    It’s a pity, because if the Supreme Court and Federal Courts as a whole, had shown some integrity and backbone over the past few years, the 2008 financial crisis would not have unfolded as it did, having been halted in the court system. Instead, what the nation and the world saw, was the aforementioned courts waving through outrageous and egregious conduct by wealthy criminals robbing and defrauding the public.

    There is well-documented evidence illustrating that a number of credible cases went through the courts, alleging serious financial misconduct by Wall Street corporations and ponzi schemers, such as Madoff and Stanford, but were corruptly thrown out, in favor of rich criminals that lined their bank accounts, at the expense of the middle class and lower income people.

    However, they did this to their own detriment, because when financial calamity strikes a nation, the court system inevitably suffers as well, due to loss revenues and after a while, diminished importance, lighter case loads and layoffs. When people lose faith in the court system, they also turn to alternative legal services to arbitrate their grievances.

    Source URL: https://crystal-harris-sum.blogspot.com/search/label/Wall%20Street
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Friday, June 17, 2011

Michael Douglas' Ex-Wife Loses Legal Battle For Wall Street Money


    Michael Douglas

    Diandra Douglas, the ex-wife of actor Michael Douglas, has lost a protracted legal battle, which was an attempt to receive funds from the film "Wall Street 2." The Douglas' divorce settlement reached a few sticking points when they arrived at the issue of dividing marital assets and future royalties from the actor's films.

    Michael Douglas and Diandra Douglas in the 1980s

    However, the divorce was eventually decided, after 23-years of marriage, which is regrettable. In 2010, Douglas did the sequel to the film "Wall Street." Diandra Douglas contested the divorce settlement, as the first film took place during their marriage in the 1980s and as such, she believed she was entitled to money from what became a franchise with the sequel. However, Judge Matthew F. Cooper denied the appeal stating it is a matter for the California courts to decide.

    RELATED ARTICLE

    Catherine Zeta-Jones Punched In The Face By Paparazzi

    Source URL: https://crystal-harris-sum.blogspot.com/search/label/Wall%20Street
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Thursday, May 19, 2011

Cornel West Denounces President Obama


    Professor Cornel West and President Barack Obama

    Prominent African-American Princeton professor, Dr. Cornel West, has publicly denounced U.S. President, Barack Obama, for becoming, “A black mascot of Wall Street oligarchs and a black puppet of corporate plutocrats.” Sadly, this is true.

    West went on to state, “Where is the Democratic accountability on the Wall Street oligarchs and corporate oligarchs?… Geithner and Company tied to Wall Street? That is not encouraging at all.” Again, this is true.

    Obama has sold his soul in allowing corporate interests to gouge and pillage the poor in America. He has been complicit in the terrible financial abuses, while letting rich criminals run free. Obama has publicly embraced corporate criminals, in exchange for massive campaign donations for his reelection bid, not realizing that money shall be worthless to that end, if the people, everyday people, fail to back him over brazen corruption. You think about that - what good will that campaign money do, when people decide we saw what you did and will not vote for you.

    West is correct, as Obama has forsaken what is right and ethical, in favor of Wall Street and Hollywood corporations donations. He is treading a very treacherous path to being voted out in 2012 and will have no one but himself to blame for that disgraceful conclusion to his time as President.

    Obama also needs to stop playing the race card with the black community, to keep us reeled in, while he sells out the rights and interests of the poor and middle class, to greedy corporate titans. People are suffering under the current economic climate, both black and white and there is nothing amusing or good about that.

    STORY SOURCE

    Cornel West Blasts Obama’s Failure to ‘Fight’ Wall Street Criminals

    Cornel West yanks Obama’s credentials as a black man

    Thank You Cornel West
    Source URL: https://crystal-harris-sum.blogspot.com/search/label/Wall%20Street
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Monday, June 21, 2010

Department Of Justice Still Shielding Rich Criminals

    Attorney General Eric Holder

    The Judiciary Report has remarked for several months, there has been a very low number of arrests by the Justice Department of criminals in Corporate America that caused the unprecedented financial crisis of 2008 that is still negatively impacting the economy.

    Some of the nation's richest citizens, brought America to this terrible point of financial ruin, robbing many of their life savings, pensions and homes and should be held accountable in a court of law.

    The sad fact of the matter is the Obama Administration is following in the footsteps of the Bush Administration, in protecting high profile, wealthy criminals in the corporate sector, who continue to engage in egregious financial crimes. The nation and the world expected more from Obama.

    Cases against Wall Street lag despite Holder's vows to target financial fraud

    Friday, June 18, 2010 - Since taking office at the height of the financial crisis, President Obama has promised to hold Wall Street accountable for the meltdown. Attorney General Eric H. Holder Jr. reinforced that message in November when he vowed to prosecute Wall Street executives and others responsible for the crisis...

    Nearly 1 1/2 years into Obama's tenure, despite several cases against mortgage companies whose lending practices contributed to the crisis, the administration has not brought any charges against the big Wall Street banks that took those loans, converted them into toxic securities and pumped them into the world's financial markets. Law enforcement sources say no such charges are imminent...

    http://www.washingtonpost.com

    Source URL: https://crystal-harris-sum.blogspot.com/search/label/Wall%20Street
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Thursday, May 27, 2010

Home Depot Loses Invention Theft Case

    Nationwide U.S. hardware chain, Home Depot, lost a very avoidable lawsuit in court this month, regarding stealing an invention from a man named Michael Powell. He pitched his "Safe Hands" invention to Home Depot, for a saw guard, which prevents employees of their stores, from cutting off their fingers, when slicing wood and other materials for customers. Brilliant idea.

    Powell made an offer of $2,000 per device, which would have been pocket money for hardware giant, Home Depot, even allowing them to test said invention. Instead, he was later told his invention had been rejected by the company, only for executives at Home Depot to go behind his back and steal the idea, implementing it in all their stores in America.

    Powell sued and won $3 million in damages, as ordered by U.S. District Judge Daniel Hurley, who labeled Home Depot's actions "callous and arrogant."

    A jury determined Home Depot should pay Powell $15 million in damages for their misconduct. The company plans to appeal the ruling. The Judiciary Report is of the belief the verdict should stand, as too much of this unlawful theft is transpiring in the corporate sector and it needs to desist.

    Constantly stealing patents and copyrights from independent inventors, writers, small and mid-sized companies, will also shut the Copyright Office and separately the Patent And Trademark Office, as millions of people will see no need to pay product protection fees to them anymore, if corporate giants, keep stealing and wiping out the inventions, patents and copyrights of smaller companies.

    It should also be noted, corporate giants cannot solely keep said federal registration offices open based on the sums they pay for product protection, in comparison to the millions of independent inventors and writers that remit payment for their products on a regular basis.

    This form of thievery also damages economies to far greater degrees than the government estimates. When patents and copyrights are criminally stolen and improperly duplicated for financial gain, it destroys revenues for smaller companies, whose other forthcoming inventions and products, are usually wiped out, due to lack of funding after being robbed.

    This takes billions out of the economy, when smaller and mid-sized companies other products do not come to fruition, due to initial items being stolen by corporate giants, erasing revenues.

    Small and mid-sized company's revenues that are being destroyed via corporate giants stealing their products, means the other items they have in the works, will not be made, wiping out the next wave of hit products, costing the economy billions.

    So instead of two successful companies, you now have one, because the corporate giant stole from and as a result, dismantled the smaller company, to steal ideas and products they do not truly understand, as they did not create them and will poorly replicate in the marketplace. As the unsavory pattern repeats itself, thousands of smaller companies are senselessly destroyed, costing the economy billions. The Judiciary Report discussed this previously in the article "This Is Not Wall Street (The Movie)."

    It is the equivalent of a dangerous food chain, where wiping out companies in the middle and or at the bottom, through theft, causes the entire financial hierarchy to collapse, as there is nothing to support the economical framework. For further reference, see the U.S. financial crisis of 2008 that is ongoing.

    Source URL: https://crystal-harris-sum.blogspot.com/search/label/Wall%20Street
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Monday, May 24, 2010

Work Hard And You Will Succeed?

    U.S. President Barack Obama

    The 2008 financial crisis bankrupted a lot of innocent people, who lost their life savings, pensions, kids tuition funds, homes and cars. People worked hard, saved their money and lost everything, due to greedy people in the corporate sector that flouted the law and shunned human decency.

    People promote hard work as the way to success and it is in society. However, that message is greatly diminished, especially for the youth in society, via the horrible example the government has set, in allowing people in the corporate sector, who have engaged in egregious financial crimes that harmed many in the America and the world, to roam free and continue to take advantage of hardworking people.

    Congress, the FBI, DOJ and SEC, have shielded the majority of financial criminals in the corporate sector from accountability. Shame on you. Shame on you, indeed. Which path do you expect kids will aspire to walk down when they see such hypocrisy and corruption coming from the government.

    Source URL: https://crystal-harris-sum.blogspot.com/search/label/Wall%20Street
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Friday, May 21, 2010

Lindsay Lohan Lied About Why She Missed Court Hearing

    Lindsay Lohan

    Judge Marsha Revel has ordered a hearing to determine if wayward, one time actress, Lindsay Lohan, has violated the terms of her probation again. Lohan missed a required court hearing yesterday, which left her lawyer struggling to explain her unpredictable and unreliable client.

    Lohan flew thousands of miles to Cannes, France, for the Cannes International Film Festival, under the guise of promoting a biopic on former porn star, Linda Lovelace.

    She made officials in Cannes look bad, claiming someone stole her passport and she reported it as such, when the authorities have no record of her doing so. Originally the excuse was Icelandic volcanic ash left her stranded in France. Then, the story turned into someone stole her passport.

    The Judiciary Report believes Lohan lied in an attempt to excuse her pre-planned absence in the California probation hearing, she simply blew off, as she disobeyed the judge's orders in not completing the required amount of alcohol education classes at the required intervals.

    The Cannes Film Festival basically went off without a hitch, until Lohan created all this drama and bad press. The festival organizers are not amused. Neither are the police. No one from California wanted to give her a plane ride back to the States either.

    And Lohan wonders why no one in Hollywood wants to hire her. Here's a tip, nowhere in the world do directors and other production staff, like going to bed at night with indigestion, wondering if a wayward actor or actress will show up for work tomorrow and be sober or blow their production sky high with their poor conduct.

    As the mind prepares to drift into slumber and is wondering how to best film scenes to include all the key points one wishes to express, here is this nagging side thought about a unpredictable actress, who is a wild card in whether things will fall to pieces the next day, ruin the budget, run up costs and mess with insurance coverage. This is what you do to them.

    No one needs that kind of aggravation and most people will not put up with it, because they simply do not have to do so. There's always a new busload of beautiful hopefuls wanting to be famous and willing to show up on time with out insobriety issues.

    Lohan breezed into Cannes like she was Angelina Jolie with a finished filmed project to promote. People like director Oliver Stone were there to promote actual films that were completed, such as "Wall Street 2" A/K/A " Money Never Sleeps."

    Indie filmmakers were also there with their finished products that competed in the festival for top honors. Lindsay was there for free alcohol, to score drugs from Hollywood hanger-ons and to get her face in the paper.

    France is a beautiful place that most people want to visit and soak up the ambiance and lovely vistas. But if you have serious probation issues lingering that can snatch your freedom, you take care of your obligations first. You once again proved why people should not hire you.

    Yesterday, CNN confirmed the Judiciary Report's previous statements that Lohan went to Cannes to party. CNN reported yesterday, Lohan was seen partying in Cannes, wearing thigh high stockings.

    Source URL: https://crystal-harris-sum.blogspot.com/search/label/Wall%20Street
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Thursday, May 13, 2010

Bleak U.S. Jobs Report

Thursday, May 6, 2010

U.S. Stock Market Plummets 1000 Points

    Vice President Joe Biden (left) and President Barack Obama (center)

    The U.S. stock market wildly fluctuated today, even plummeting 1,000 points at one point, on the news of economic turmoil coming out of Greece and the massive oil spill on the east coast of America.

    America is steeped in a terrible financial depression, where historic records have been set in the number of foreclosures and company collapses. Certain U.S. states have also recorded a record number of job losses. Yet, during this financial turmoil, the U.S. stock market kept soaring, with seemingly nothing to back it up.

    Greece Riots

    The U.S. Financial crisis of 2008, which began in Corporate America, has negatively impacted America and the world, in an ongoing and devastating depression that has not yielded. The fallout from which, can been seen today, in riots currently transpiring in Greece. Other nations such as Britain and Iceland have suffered massive job and economic losses.

    An international effort is needed to create failsafes for the global economy, lest the same crisis reboots itself in America, but at worst levels and spreads all over the world again (as predicted last week).

    Greece Riots

    Wall Street is in dire need of regulation. There is still a massive amount of financial fraud in Corporate America. The SEC, FBI and DOJ, have done a terrible job in stemming the problem, costing millions in America and the world, all they have worked for in their lives.

    This simply is not moral, just or decent. It poses a severe danger to the economic survival and development of the world and something needs to be done. There is no such thing as easy money. It always comes at a price. There is no substitute for hard work and honesty.

    Source URL: https://crystal-harris-sum.blogspot.com/search/label/Wall%20Street
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Thursday, April 22, 2010

Obama Gives Wall Street A Stern Lecture

    U.S. President Barack Obama gave Wall Street a stern lecture this morning, regarding corporate responsibility. America's taxpayers had to bailout Corporate America, with massive loans, when the people owed them nothing. To add insult to injury, some banks that received taxpayer bailout money are still being cruel to citizens.

    Obama's Financial Regulation Speech: Recap

    Apr 22 2010, 3:40 PM ET - Six bank regulation policies. Four reform themes. Three rhetorical hedges. Two "failure of responsibility" scolds. One "false choice" rejected. What do you get when you add it all up? An important, if predictable, financial regulation address...

    http://www.theatlantic.com

    Source URL: https://crystal-harris-sum.blogspot.com/search/label/Wall%20Street
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