The brother of Bernie Madoff, Peter Madoff, was sentenced to ten years in prison on Thursday by U.S. District Court Judge Laura Taylor for his role in the multibillion dollar Ponzi scheme perpetrated by his brother.
Bauer Publishing Company filed a rebuttal against "Mission Impossible" actor, Tom Cruise, who is suing its magazines "Life & Style" and "In Touch" for defamation of character. In the $50 million lawsuit filed in October, Cruised accused publishers for causing damages to his reputation by falsely accusing him of abandoning his six-year-old daughter.
Republican Senator Scott Brown of Massachusetts became the first sitting Republican to lend support to Democrat Senator Diane Feinstein's proposition to place a federal ban on assault weapons, which she plans to present in January.
President addressed the White House in light of the Sandy Hook Elementary School shooting, urging lawmakers that the national debate over gun-control has '"re-emerged." President Obama announced that he supports a ban on assault weapons, as well as military style rifles and large ammunition magazines.
