Custom Search

Forex News Update

Live Forex News and Analysis Review Update



Subscribe to this Feed by Email Subscribe to this Feed by Email

Subscribe to this Feed by Email Subscribe to this Feed by Email

Subscribe to this Feed by Email Subscribe to this Feed by Email
Subscribe to InstaForex Company News by Email
Showing posts with label resume. Show all posts
Showing posts with label resume. Show all posts

November 2, 2010

Testimony to resume in DeLay's laundering trial - Washington Post


AUSTIN, Texas -- Former House Majority Leader Tom DeLay, accused of illegally funneling corporate money into Texas legislative races eight years ago, is expected to spend this Election Day in court.

Testimony was expected to resume Tuesday with George Ceverha, the ex-treasurer of DeLay's Texas-based political action committee, returning to the stand to face questions from defense attorneys.

Ceverha testified Monday on the internal workings of DeLay's PAC.

DeLay is charged with money laundering and conspiracy to commit money laundering. He has denied any wrongdoing. If convicted, Delay could face up to life in prison.

Prosecutors allege DeLay and two associates - Jim Ellis and John Colyandro - illegally channeled $190,000 in corporate money, which had been collected by a group DeLay started, through the Washington-based Republican National Committee. Under Texas law, corporate money cannot be directly used for political campaigns.

The money helped Republicans in 2002 take control of the Texas House. That majority allowed Republicans to push through a congressional redistricting plan engineered by DeLay that sent more Texas Republicans to Congress in 2004 and strengthened DeLay's political stature, prosecutors said.

Two individuals who work as political watchdogs testified Monday that they filed complaints with the Travis County District Attorney's Office seeking an investigation into DeLay's PAC for allegedly using corporate money for political candidates.

DeLay's attorneys say Texas candidates got no corporate money and that the work DeLay did to elect candidates was merely good politics.

They have said the charges are politically motivated by former Travis County District Attorney Ronnie Earle, who brought the original case but has since retired. Earle is a Democrat. Prosecutors deny the charges are politically motivated.

His defense team also worried about the trial being held in Austin - the most Democratic city in one of the most Republican states - and its timing, with testimony beginning a day before Tuesday's contentious midterm elections. DeLay has been pressing for a trial since he was indicted five years ago, but the case was slowed by appeals of pretrial rulings.

DeLay was once one of the most polarizing but powerful Republicans in Congress, earning the nickname "the Hammer" for his heavy-handed style.

But the criminal charges in Texas, as well as a separate federal investigation of his ties to disgraced former lobbyist Jack Abramoff, ended his 22-year political career representing suburban Houston. The Justice Department has since ended its federal investigation into DeLay's ties to Abramoff without filing any charges against DeLay.

Ellis and Colyandro, who face lesser charges, will be tried later. A previous charge alleging they and DeLay had engaged in a conspiracy to violate campaign finance laws was dismissed.

DeLay has been mostly out of public view since resigning from Congress, except for an appearance on ABC's hit television show "Dancing With the Stars." He now runs a consulting firm based in the Houston suburb of Sugar Land.


View the original article here





Sources: Netanyahu expects Obama to resume Mideast efforts after midterms - Ha'aretz


Prime Minister Benjamin Netanyahu believes that the Obama administration will renew its initiatives to relaunch direct peace talks between Israel and the Palestinian Authority after the U.S. midterm elections conclude on Tuesday, sources in Jerusalem said on Tuesday.

The sources said that Netanyahu was interested in resuming the political process and had asked Secretary of State Hillary Clinton to meet with him during his visit to the U.S. next week.

netanyahu - AP - Sept 2 2010

Prime Minister Benjamin Netanyahu talks with Palestinian President Mahmoud Abbas on September 2, 2010.

The premier is already planning talks in New Orleans with U.S. Vice President Joe Biden, Both Netanyahu and Biden are scheduled to address November 7-9 General Assembly of the Jewish Federations of North America.

President Barack Obama, who is trying to revive Israeli-Palestinian peace talks stalled over Israeli settlement building, leaves on November 5 for a 10-day visit to India, Indonesia, South Korea and Japan. As such, the two leaders will not meet during Netanyahu's trip.

A new round of direct peace talks between the Israelis and the Palestinians got under way in Washington on Sept. 2 only to stop a few weeks later when Israel lifted restrictions it had imposed on a 10-month West Bank settlement building.

Polls released ahead of Tuesday's midterms predicted hefty losses for Obama's Democrats. Israeli ministers expect this will force him to avoid any bruising showdowns with Israel and its supporters in the coming months for fear of further undermining his shaky electoral position.

Palestinians hope that after the vote, Obama will refocus on foreign affairs and use the last two years of his presidential mandate to seek a place in history by securing an end to the decades-old conflict, regardless of obvious domestic risks.


View the original article here