Reuters blog archive
from Photographers' Blog:
By Carlos Barria
As the morning approached, reporters, photographers and cameramen from national and foreign media organizations gathered outside the Jinan Intermediate People's Court to cover the final chapter in the trial of disgraced Chinese politician Bo Xilai.
The stage for this story was Jinan, in the northeastern coastal province of Shandong. This story had all the elements of a great thriller: power, corruption, romance and murder. With no access to the courtroom itself, the foreign media and the general public relied on images provided by the court for glimpses of the trial. Also, for the first time China’s judicial system provided court transcripts, published on Weibo, China’s version of Twitter.
The opportunities for photographing Bo Xilai stood at about zero. Authorities only allowed media to stake out the courthouse from a fenced area across the street, and even there we had to go through a security scan to get in. Some journalists complained that during the first morning of the trial police denied them movement in and out of this area to cover protests that were going on nearby.
With little room to move, photographers started to think about how to photograph Bo, who hadn’t been seen since March of 2012 during a political event. The only chance we could see was his arrival to and exit from the court. But all the vehicles coming and going from the building used tinted glass.
from Unstructured Finance:
Hedge fund manager John Paulson has shunned the limelight in recent years but in recent weeks it's a different story, with the 57-year-old manager not only giving his first ever TV interview, he's also set to take the stand in one of the most closely-watched trials in the country - the civil case against former Goldman Sachs trader Fabrice Tourre.
Tourre's lawyer Sean Coffey said in a Manhattan federal court on Friday morning they intended to call Paulson to testify in the trial. The U.S District Judge overseeing the trial estimated Paulson would probably take the stand August 1.
from Photographers' Blog:
By Alessandro Garofalo
“Do you know how Ahamad Massoud died?”
It’s not a quiz but a question addressed to us a few days ago by an employee from the secretary of the Public Prosecutor’s office when we asked why photographers were not allowed to bring photographic equipment into the court during the trials involving the former dancer Maroc, Karima El Mahroug, better knew as Ruby Heartstealer, in the sexgate scandal with former Italian Premier Silvio Berlusconi, accused of inciting the prostitution of a minor and abuse of power.
For a long time here in Milan we used to wait for Berlusconi and various protagonists of his different trials outside the courthouse because a measure prohibits filming in the courtroom for safety reasons.
from Alison Frankel:
Without former U.S. District Judge Richard Holwell, there probably would not have been any prosecution of Rajat Gupta, the former Goldman Sachs director and McKinsey chief convicted Friday of insider trading and conspiracy. In 2010, Holwell ruled that prosecutors could use wiretap evidence in their case against Galleon Group hedge fund founder Raj Rajaratnam, rejecting defense arguments that the government is not authorized to use wiretaps to investigate insider trading. If prosecutors hadn't been able to use those Rajaratnam wiretaps – in which Rajaratnam obliquely referred to tips from a Goldman insider – it's unlikely the government would have gone to trial against Gupta, since the tapes were the only link between Gupta's alleged tips and Rajaratnam's trades.
Holwell, who is now in private practice at Holwell, Shuster & Goldberg, told me Friday that wiretaps have forever changed the way the government investigates insider trading. "Prior to the Rajaratnam case, you look at insider trading rings, and they're very small. Prosecutors would wind up getting one, two, three people." The Rajaratnam case showed that with wiretaps, you can sweep in rings of tippers, leading to "a vast array of prosecutions," Holwell said.
from Photographers' Blog:
By Alessandro Bianchi
On my mind was the number 77; the number of my press badge and the number I gave to police to get through security at the entrance to the court house.
Within a few minutes, the stepladders of photographers and television crews formed a pyramid that could block your view if you had chosen the wrong place. It was like a lottery and you had to wait to see if you had picked the right number.
from Funds Hub:
News and views on the asset management industry from Reuters and elsewhere:
(Photo: Geert Wilders (C) at his trial in Amsterdam, 4 Oct 2010/Marcel Antonisse)
Dutch anti-Islam politician Geert Wilders, a key player in efforts to form a new government, has accused judges trying him on charges of inciting hatred of scandalous bias and demanded they be replaced.
Wilders, who has 24-hour police guard because of death threats, went on trial Monday over comments including a comparison he made between the Islamic faith and Nazism.
from India Insight:
In what is being seen as a significant judgement, India's apex court recently dismissed all charges against south Indian actress Khushboo for her alleged remarks on pre-marital sex in a 2005 magazine interview.
The Supreme Court said her comments were her personal view and that she was entitled to express them.
from Global News Journal:
The trial of four Rio Tinto employees began early on a chilly, gray Monday morning in Shanghai, when four police vans in a convoy led by a cruiser with flashing lights swept the defendants to the courthouse well before 7 am.
Quick glimpses from outside the modern courthouse are all that most outsiders will get.
from Tales from the Trail:
Former Illinois Governor Rod Blagojevich's trial will begin in June, which gives fellow Democrats reason to squirm before the mid-term elections.
The judge in Blagojevich's corruption case turned down the defense's request to delay the trial to November, which would have been after the November 2 election.