JPMorgan Chase & Co commodities head Blythe Masters has stepped down from the advisory panel of the US Commodity Futures Trading Commission. Masters' unit was involved in a power markets manipulation lawsuit filed by US Federal Energy Regulatory Commission.
Attorney for former US State Department contractor Stephen Kim, Abbe Lowell, said that his client unfortunately made a grave mistake without intention, which was to talk to a reporter just like so many government officials in Washington do. Kim pleaded guilty of divulging classified information and for providing a false statement to the US FBI.
An indictment unsealed at a Manhattan federal court revealed how Peter Amrein conspired with Edgar Paltzer on helping clients hide their assets to avoid US tax authorities.
At least 30 new complainants had requested to the civic court handling the phone hacking case of the UK unit of News Corp to participate in the civic trial set for June this year, Bloomberg said.
