JPMorgan, FDIC Clash Over Washington Mutual Liabilities

NEWS FROM WASHINGTON • JPMorgan, FDIC Clash Over Washington Mutual Liabilities • DOJ Wants Retrial for Accused Somali Pirate Negotiator • Roles at Brookings and MIT for Ex-Commerce Dept. GC • Lawyers Recommended to Fill D.C. Appeals Court Vacancy • Nation's Law Schools See Lowest Enrollment Since 1975 • Bill Banning Credit Checks for New Workers Introduced JPMorgan, FDIC Clash Over Washington Mutual Liabilities Like a multi-billion dollar game of hot potato, JPMorgan Chase & Co. on Tuesday sued the Federal Deposit Insurance Corp., arguing that the bank regulator is on the hook for massive liabilities incurred by Washington Mutual Inc. JPMorgan bought the... Read More » DOJ Wants Retrial for Accused Somali Pirate Negotiator The U.S. Department of Justice wants another opportunity to put an accused negotiator for Somali high-seas pirates on trial. A Washington federal jury acquitted Ali Mohammad Ali in late November on a piracy count—the most serious charge against him. The... Read More » Roles at Brookings and MIT for Ex-Commerce Dept. GC Cameron Kerry has taken visiting scholar jobs at the Brookings Institution and the Massachusetts Institute of Technology after stepping down as the U.S. Commerce Department's general counsel in September, the two institutions announced Tuesday. Kerry, who became the Commerce Department's... Read More » Lawyers Recommended to Fill D.C. Appeals Court Vacancy The District of Columbia's solicitor general, a D.C. Superior Court judge and a law firm partner are a local commission's top picks to fill an open seat on the D.C. Court of Appeals. Eleven lawyers and judges applied to fill... Read More » Nation's Law Schools See Lowest Enrollment Since 1975 According to figures released by the American Bar Association, law schools enrolled 39,675 new students this fall—an 11 percent decrease from the 44,481 students who enrolled last fall. Read More » Bill Banning Credit Checks for New Workers Introduced Senator Elizabeth Warren (D-Mass.) on Tuesday introduced legislation that would bar almost all private employers—but not the federal government—from running pre-employment credit checks on prospective new hires, calling it "an issue of basic fairness." Read More » SUPREME COURT CASES

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