Dreier Repents: In a last ditch effort to win sympathy from his judge, Marc Dreier sent a detailed and emotional letter explaining just how he committed more than $400 million worth of fraud in order to build his firm, Dreier LLP. The government’s lawyers have asked that Dreier be sentenced to 145 years in prison, the statutory maximum. His defense team has asked for between 10 and 12 years. The New York Law Journal Reports.
A CIA Mea Culpa?: Democratic lawmakers released a letter yesterday claiming that CIA director Leon Panetta admitted the spy agency “concealed significant actions” from Congress. What those actions supposedly were is still unknown. See the Wall Street Journal for the story.
Ginsburg Speaks: In a lengthy interview in the upcoming issue of the New York Times Magazine, Supreme Court Justice Ruth Bader Ginsburg talks extensively about the role of women on the court. Being the lone female among the Justices has been “like being back in law school in 1956,” she tells the reporter.
Health Woes: The Obama administration’s health reform plan is taking blows from divisions within the health care industry and internal dissent within his own party. The Washington Post says that no one challenge is big enough to derail the push, but together, they illustrate why no president since Lyndon Johnson has managed a massive health care overhaul.