US citizen sentenced to 2 years in Thailand for defamation

Joe GordonJoe Gordon, 55 year old Thai born US citizen was sentenced to two and a half years in prison by a court in Thailand for posting excerpts of the biography of King Bhumibol Adulyadej which has been banned locally. He has been detained since his arrest in May. The American pleaded guilty in October and due to this the Criminal Court reduced his sentence to two and a half years from five years.

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Blagojevich sentenced to 14 years for corruption

Former Illinois governor Blagojevich sentenced to 14 years for corruption

BlagojevichThe three year long legal battle of the ousted Illinois governor Rod Blagojevich against the criminal charges leveled against him saw an end with him being sentenced to 14 years of imprisonment. This is one of the instances where the court came down hard upon the accused and imposed severe penalties for corruption in a state. He was convicted for trying to sell the Senate seat vacated by the US President Barack Obama to raise campaign cash or to obtain a high-paying job. He is to start serving the prison term within 90 days and he was also ordered to pay a fine of $ 20,000.

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Hedge fund titan Raj Rajaratnam bail plea rejected

Raj Rajaratnam Hedge fund titan The 2nd US Circuit Court of Appeals in New York refused to allow bail to the Galleon Group hedge fund founder Raj Rajaratnam. On October 16, 2009 he was arrested by the FBI on charges of insider trading. This had caused Raj Rajaratnam’s company Galleon Group to close down. On May 11, 2011 he was found guilty of  14 counts of conspiracy and securities fraud. On October 13, 2011 Raj Rajaratnam was sentenced to prison for a term of 11 years by the US District Court for the Southern District of New York. This is the longest jail term ever awarded for insider trading.

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Eviction of wall-street protesters upheld by New York Judge

wall-street protestersThe ruling by New York judge, Michael Stallman rejected the earlier stay to the decision which ban Occupy Wall Street. Protesters from returning to Zuccotti Park with tents and other camping gear. Stallman ruled that the owners of the park and the authorities were not denying protesters their constitutional right to freedom of speech by banning them from camping there.
Three months ago, a loosely organized group of activists concerned about growing income inequality, corporate greed and the global influence of powerful financial institutions decided to make Lower Manhattan its home, setting in motion a movement known as Occupy Wall Street.
Since then, tens of thousands of people who share Occupy Wall Street’s concerns have taken to the streets throughout the United States and around the globe, shifting the national discourse away from the federal deficit and toward financial woes of a more personal nature, like student debt.
Occupy Wall Street is now an ongoing series of demonstrations which began in September 17th in New York City’s Zuccotti Park in the Wall Street financial district. The Canadian activist group Adbusters initiated the protestswhich has since become a worldwide movement. The protests have focused on social and economic inequality, high unemployment, along with the greed, fraud, corruption and undue influence of corporations, particularly that of the financial services sector over government.

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US reserves right to meet cyber-attack with force

cyber_attacksThe Pentagon made a 12 page report to the Congress in a report which was made public on Tuesday stating that The United States reserves the right to use military force against cyber-attacks.  This report was mandated by the 2011 Defence Authorization Act, establishing that the US government is serious about tackling the threat of cyber-attacks on its assets using any means possible.

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