A lively panel discussion this week on the Foreign Corrupt Practices Act, which included former Attorney General Michael Mukasey, offered insights into anticipated FCPA guidance from the Justice Department. There was a general consensus that much of the pressure for clarification was coming from outside the United States.
In an unusual move, Manhattan federal district court Judge Lewis Kaplan sent the New York Attorney General’s suit against Ernst & Young over its role as auditor for Lehman Brothers back to state court, even though the AG conceded that the federal court had jurisdiction.
New York Mets owners Fred Wilpon and Saul Katz intend to call baseball legend Sandy Koufax and former Manhattan District Attorney Robert Morgenthau as defense witnesses to refute claims they were willfully blind to the fact that Bernard L. Madoff was operating a multibillion-dollar fraud.
In a much-hyped speech on Monday, Attorney General Eric Holder Jr. offered the Justice Department’s most detailed defense yet for using lethal force to kill Americans abroad who pose an imminent threat to national security, but declined to discuss or confirm any specific program or operation.