The Fourth of July [rerun]
- Yet. Judge Lew — the first Chinese-American district court judge in the continental United States — grabbed his robe from the trunk and walked briskly into the VFW hall with his externs and clerks trailing behind him.
- He donned his robe and peered through a window in a door to see hundreds of people sitting in the main hall, talking excitedly, the children waving small American flags and streamers about.
- These men, born Filipinos, answered America's call in World War II and fought for us.
- Roosevelt asked the men of the Philippines to fight, promising them United States citizenship and veterans benefits in return.
- Filipino solders who fought for us and their families were not given their promised citizenship, let alone benefits.
- And when Judge Lew declared them citizens, the families whooped and hugged their fathers and grandfathers and the children waved the little flags like maniacs.
Turkish Judge Releases Manager, Pilots in Carlos Ghosn Escape Trial
- ISTANBUL—A Turkish judge ordered the release of five defendants accused of assisting onetime auto titan Carlos Ghosn in making an undeclared layover in Turkey late last year after he fled Japan inside a musical-equipment box.
- The five men—one airline manager and four pilots—were taken into custody in early January and have been accused of migrant smuggling, a charge carrying up to eight years in prison.
- The judge ordered their release pending a verdict to the trial, which had its first hearing in Istanbul on Friday.
A finding of gross negligence can bring massive tax penalties into play
- And, if you get caught claiming inappropriate expenses or deductions, not only can you end up owing additional tax and arrears interest, but you could get hit with a “gross negligence penalty” equal to 50 per cent of the tax you sought to avoid.
- The CRA felt that the taxpayer’s “lack of careful review of the return,” her failure to disclose unjustified carry forwards of donation expenses, the double counting of one large charitable receipt, and the inclusion of the employment expense deduction where no receipts existed and where no T2200 was obtained, amounted to her being “willfully blind.” Prior jurisprudence has found that being “willfully blind” amounts to gross negligence.
- While the judge disallowed the taxpayer’s donations and employment expenses, he was willing to cancel the gross negligence penalties assessed by the CRA for the 2012, 2013 and 2014 tax years.
Elon Musk taunts the SEC as Tesla’s stock price surges
- The chief executive officer first taunted short sellers in a string of tweets, writing that the electric-car maker would “make fabulous short shorts in radiant red satin with gold trim.” That’s an apparent reference to jokes he’s repeatedly made about sending “short shorts” to investors who bet against Tesla’s shares, such as hedge fund manager David Einhorn.
- Musk, 49, then wrote Thursday that he would send shorts to the SEC, referring to the agency again as the “Shortseller Enrichment Commission.” He first used that phrase in October 2018 after the regulator sued him for securities fraud.
- The agency sued him in September 2018 over tweets he sent a month earlier claiming that he had secured funding to take Tesla private at $420 a share.
Thousands of U.S. judges who broke laws, oaths remained on the bench
- According to the Judicial Inquiry Commission, Hayes broke state and federal laws by jailing Johnson and hundreds of other Montgomery residents too poor to pay fines.
- Hayes is among thousands of state and local judges across America who were allowed to keep positions of extraordinary power and prestige after violating judicial ethics rules or breaking laws they pledged to uphold, a Reuters investigation found.
- In February, months after Reuters repeatedly asked Chaney and the state judicial commission about those cases, he retired from the bench as part of a deal with state authorities to end the investigation.
- Tommy Drake, the lawyer who first filed a complaint against Chaney in 2016, said he doubts the judge would have been forced from the bench if Reuters hadn’t examined the case.
- Reuters scoured thousands of state investigative files, disciplinary proceedings and court records from the past dozen years to quantify the personal toll of judicial misconduct.