Indictment? No Problem: Sen. Ted Stevens of Alaska won the Republican primary in his state yesterday, beating six challengers despite a recent federal indictment for allegedly concealing $250,000 in gifts from an oil company. The New York Times reports that that Stevens will face Mayor Mark Begich of Anchorage in what is expected to be a tough general election.
Testimony Rising: Harriet Miers could testify before Congress as early as next month after a federal judge refused to delay his order requiring the former White House counsel to address the controversial firings of nine U.S. attorneys in 2006, The Washington Post reports.
Citibank to Pay: California's attorney general announced yesterday that Citibank will pay $18 million in refunds and damages to settle charges stemming from the financial services company's practice of emptying dormant accounts held by credit card holders, The Recorder reports via Law.com. A three-year investigation concluded that Citibank quietly shifted accrued money in the accounts of 53,000 cardholders to a company-controlled fund.
A Bigger Dream House? A federal jury awarded Mattel Inc. $100 million yesterday in a copyright lawsuit the makers of Barbie filed against MGA Entertainment Inc., the maker of Bratz dolls. The Associated Press reports via Law.com that the award could have been much higher because the jury did not award any punitive damages and found that MGA didn't act willfully when they employed designer Carter Bryant, who developed the Bratz concept, a finding that could have dramatically increased the damages.
Sen. Stevens gets re-elected during his investigation, meanwhile thousands of Angelinos are having their cars repossessed, their lives ruined and so on during their investigations.
Posted by: Joe | August 27, 2008 at 10:19 AM