Jeremy's Feed
May 11, 2012

Corporate monitor may be in Wal-Mart’s checkout lane

WASHINGTON, May 11 (Reuters) – Retail giant Wal-Mart Stores
Inc, faced with allegations that its Mexican unit paid $24
million in bribes to accelerate its expansion, could be forced
to hire an independent monitor to ensure future compliance with
U.S. anti-corruption laws.

Since 2009, the Obama administration has demanded in
one-third of its corporate bribery cases that companies hire
independent monitors, despite the added costs and intrusion into
the companies’ operations.

May 8, 2012

U.S. to decide Iranian group’s fate after camp closes

WASHINGTON (Reuters) – Secretary of State Hillary Clinton plans to rule on whether to remove an Iranian dissident group from a U.S. terrorism blacklist about two months after its refugee camp in Iraq closes, the Obama administration said on Tuesday.

The U.S. Court of Appeals for the District of Columbia Circuit heard arguments on a petition from the group, Mujahadin-e Khalq, or MEK, which is seeking an order forcing the State Department to either remove it from the list or require action within a specified period on its request to be delisted.

May 3, 2012

Obama administration urges freer access to cell phone records

WASHINGTON (Reuters) – The Congress should pass a law to give investigators freer access to cell phone records, an Obama administration official said on Thursday in remarks that raised concern among advocates of civil liberties and privacy.

The Supreme Court this year ruled a warrant was needed to put a GPS tracking device on a suspect’s vehicle, prompting questions about other instances where probable-cause warrants were needed to obtain information in the rapidly changing world of mobile devices.

May 2, 2012

U.S. charges more than 100 for Medicare fraud schemes

WASHINGTON (Reuters) – U.S. authorities have charged 107 people including doctors and nurses for trying to defraud the federal Medicare healthcare program for the elderly and disabled of about $452 million, the Obama administration said on Wednesday.

At least 75 people in Miami, Houston and Baton Rouge were charged during the last two days for submitting false billing for home health care, mental health services, HIV infusions and physical therapy, among other charges.

May 1, 2012

Five arrested in U.S. plot to blow up bridge

WASHINGTON (Reuters) – U.S. authorities arrested five self-described anarchists in the Cleveland area for allegedly plotting to blow up a four-lane highway bridge over a national park, but had no ties to foreign terrorism, the U.S. Justice Department said on Tuesday.

The group, ranging in ages from 20 to 37, were arrested overnight by the FBI after planting the explosives on the bridge. Three have been charged already with conspiracy and attempting to use explosive materials and the other two are expected to be charged later on Tuesday.

Apr 26, 2012

U.S. judge rejects releasing bin Laden photos

WASHINGTON, April 26 (Reuters) – A federal judge on Thursday
refused to order President Barack Obama’s administration to
release photos and video of the U.S. military operation that
killed Osama bin Laden in Pakistan almost a year ago and the al
Qaeda leader’s burial at sea.

The government watchdog group Judicial Watch had requested
the Defense Department and CIA release any photos or video
footage of the May 1 operation that killed bin Laden in
Abbottabad, Pakistan.

Apr 26, 2012

In Wal-Mart probe, a ‘black box’ of possible fines

By Jeremy Pelofsky and Carlyn Kolker

(Reuters) – Wal-Mart Stores Inc may not find the math easy when it tries to assess the potential criminal liabilities from an alleged bribery scandal and possible cover-up at its Mexican unit.

Whether a potential settlement with U.S. authorities involves several hundreds of millions of dollars of penalties, or even billions, will likely depend on how many allegedly improper payments are eventually discovered and the extent of the alleged financial gain.

Apr 25, 2012

Analysis: In Wal-Mart probe, a “black box” of possible fines

By Jeremy Pelofsky and Carlyn Kolker

(Reuters) – Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research, Stock Buzz) may not find the math easy when it tries to assess the potential criminal liabilities from an alleged bribery scandal and possible cover-up at its Mexican unit.

Whether a potential settlement with U.S. authorities involves several hundreds of millions of dollars of penalties, or even billions, will likely depend on how many allegedly improper payments are eventually discovered and the extent of the alleged financial gain.

Apr 20, 2012

Oil price manipulation seldom prosecuted under Obama

WASHINGTON, April 20 (Reuters) – President Barack Obama’s
administration has brought only one new case alleging energy
market price manipulation since he took office in 2009, despite
more tough talk about it this week amid soaring prices at the
gasoline pump.

If that seems like a lackluster enforcement record for a
president eager to look assertive on oversight of oil and
natural gas markets in an election year, it may be for good
reason.

Apr 19, 2012

Top U.S., Swiss officials to discuss tax secrecy-sources

WASHINGTON/ZURICH, April 19 (Reuters) – Switzerland’s
finance minister is expected to meet with the head of the U.S.
Department of Justice in coming days to try to solve a row over
untaxed money in secret bank accounts, two sources told Reuters
on Thursday.

Eveline Widmer-Schlumpf, who also holds the rotating post of
Swiss president, and U.S. Attorney General Eric Holder are
expected to meet on the sidelines of the International Monetary
Fund’s spring meetings in Washington which begin on Friday, the
sources said, as Switzerland seeks to end the long-running
dispute.

    • About Jeremy

      "Legal correspondent. Previously has covered the White House, U.S. political campaigns, Congress, the Federal Communications Commission, and the U.S. economy. Launched and directed the "Tales from the Trail: 2008" Reuters campaign blog, the predecessor to Reuters' "Front Row Washington" blog."
      Joined Reuters:
      1999
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