Horny teens gone wild? It happens in the best of families. Hiding it from the public to protect commercial interests in a “christian” TV show? Not christian like and something Jesus would probably not approve of.
As the old saying goes; “it’s not the crime, it’s the coverup.”
The Duggars, the reality TV family famous for its progeny (19 Kids and Counting) and its conservatism, is reeling now that oldest son, Josh, has been forced to acknowledge he was investigated for molesting underage girls when he was a teenager in Arkansas.
His acknowledgement came after InTouch magazine published a story Thursday about police records it obtained from Springdale, Ark., hidden since 2006, that show Josh Duggar confessed to his father, Jim Bob Duggar, who then waited more than a year before contacting police about what his then 15-year-old son admitting doing to five girls.
DEFINITION of ‘Robber Barons’ disparaging term dating back to the 12th century which refers to: 1. Unscrupulous feudal lords who amassed personal fortunes by using illegal and immoral business practices, such as illegally charging tolls to passing merchant ships.
Citicorp, JPMorgan Chase, Barclays, The Royal Bank of Scotland and UBS AG have agreed to plead guilty to felony charges and pay billions in criminal fines, the Department of Justice says. The offenses range from manipulating the market price of U.S. dollars and euros to rigging interest rates.
Citicorp, JPMorgan Chase, Barclays, The Royal Bank of Scotland will pay fines totaling $2.5 billion to the Justice Department. In addition, the Federal Reserve is imposing fines of more than $1.6 billion on the five banks.
In separate arrangements, Barclays will pay other U.S. and British agencies an additional $1.3 billion, and UBS will plead guilty to manipulating the London Interbank Offered Rate (LIBOR) and other benchmark interest rates, after the Justice Department found the bank’s actions had breached a December 2012 non-prosecution agreement.
A breakdown of the fines paid to the Fed and Justice:
Citicorp: $1.26 billion
Barclays: $992 million
JPMorgan: $892 million
RBS: $669 million
UBS: $545 million
Bank of America: $205 million
The Federal Reserve says Bank of America, which isn’t part of the Justice settlement, “failed to detect and address conduct by traders who discussed the possibility of entering into similar agreements to manipulate prices.”
The schemes that were unraveled were in play since December of 2007; in some cases, they continued until January of 2013, the Justice Department says. The banks will also spend three years on corporate probation.
The Department of Justice says that conversations about fixing markets took place on a “near daily” basis, often in “an exclusive electronic chat room” that participants called “The Cartel” or “The Mafia.”
Transcripts included in the plea deals shows forthright discussions of fixing rates, with brokers, traders and others coordinating rates for a range of contracts and positions.
Here’s one exchange, involving “Trader-1,” identified by the federal documents as “the most successful Yen derivatives trader at UBS”:
“Trader-1: LOW 1m . . . LOW 3m . . . HIGH 6m . . . 6m is important today mate . . . pls spoof bids
“Broker-B: rite ok mate ill make a special effort”
In this context, 1m refers to one month, and so on.
The plea document adds, “Later in the same chat, Broker-B remarked to Trader-1: mate yur getting bloody good at this libor game … think of me when yur on yur yacht in monaco wont yu.”
After Trader-1 left UBS in the autumn of 2009, the document says, their replacement “felt pressured to continue” manipulating the market, after having a discussion with the bank’s manager of the Yen trading desk.
The Justice Department says, “The majority of UBS Yen LIBOR and Euroyen TIBOR submitters, Yen derivatives traders, and their supervisors — as well as the more senior managers at UBS who were aware of this conduct — knew that the manipulation of Yen LIBOR and TIBOR submissions was inappropriate, yet continued to encourage, allow, or participate in this conduct.”Big Banks Pay $5.6 Billion, Plead Guilty To Felonies Over Currency And Rate-Fixing
We like to imagine that drug dealers are only found in ghettos, hanging out on street corners peddling to desperate people who live in cardboard boxes on sidewalks or abandoned houses.
So, it might come as a surprise to many that the “drug dealing” problem is more prevalent in those nicely trimmed neighborhoods where countless pill heads line up outside their doctors offices desperately looking for their next fix.
WASHINGTON (AP) — The Drug Enforcement Administration is wrapping up a multistate crackdown on prescription drug abuse with raids at pain clinics, pharmacies and other locations in the South, The Associated Press has learned.
The early-morning raids in Arkansas, Alabama, Louisiana and Mississippi are the final stage of an operation launched last summer by the DEA’s drug diversion unit, a senior DEA official said, speaking on condition of anonymity to describe details of the ongoing investigation in advance of a public announcement.
Before Wednesday’s raids 140 people had been arrested and agents expected to make another 170, the official said. Suspects in the DEA’s “Operation Pillution” include doctors and pharmacists, the official said. The crackdown is focused on the illegal sale of painkillers, including the powerful opioids oxycodone and hydrocodone.
Among the facilities targeted Wednesday is a Little Rock, Arkansas, pain clinic not far from the DEA’s local field office.
The official said investigators found that the clinic is protected by a security guard and another employee is often stationed outside to direct traffic when patients start showing up around 6:45 each morning.
In Mobile, Alabama, agents are targeting two doctors accused of running multiple pain clinics, the official said.
The official said 24 doctors, pharmacies and others have surrendered their DEA registration numbers as part of the ongoing crackdown. A registration number is required to prescribe certain medications. The agency is moving to revoke prescribing permission in at least 24 other cases, the official said.
People arrested in the ongoing crackdown face a variety of state and federal criminal charges, including distribution of a controlled substance and conspiracy to distribute a controlled substance.
Prescription drug abuse and overdoses involving opioids have been a growing concern for the DEA and public health officials. According to the Centers for Disease Control about 44 overdose deaths a day involve prescription opioids.
DEA prescription data show that Arkansas, Alabama, Mississippi and Louisiana were among the top 11 states for prescribing hydrocodone in 2014.
Law enforcement has also warned that people who become addicted to prescription painkillers often turn to heroin when it becomes too difficult to get a prescription.