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A U.S. currency trader accused of hiding $691 million in trading losses at Allfirst Financial Inc. has been indicted by a federal grand jury, a court clerk said Wednesday.John Rusnak was ind stanley borraccia (https://www.stanley-cups.it) icted on charges of bank fraud, false entry in bank records, and aiding and abetting. The indictment followed a four-month investigation into trading from 1997 to 2001.Rusnak made an initial appearance Wednesday before U.S. Magistrate Judge Beth P. Gesner. He was released on his own recognizance, said deputy clerk Agnes Finney.Allied Irish Banks PLC, Allfirst s parent company, accused Rusnak of fabricating purchase options contracts. Rusnak allegedly forged the contracts to give the bank insurance for his losses, which came mostly in Japanese yen.Rusnak s lawyers have said Rusnak did not personally profit from the deception, but AIB contended he received hefty bonuses in reward for what appeared to be profitable deals. The case prompted AIB to hire Eugene Ludwig, a former U.S. Treasury Department banking regulator, to investigate the bank. Ludwig s report bla stanley cups (https://www.stanleycups.it) med managers at Allfirst for permitting the fraud to take place.The bank fired six Allfirst managers after the report came out.AIB has agreed with U.S., Irish and Maryland regulators to conduct reforms in wake of the fraud.The scandal h stanley cup (https://www.stanley-cup.pl) as caused officials at the Dublin, Ireland-based company to consider withdrawing from the U.S. market, depending on how well the Allfirst division rebounds. A shareholder lawsuit filed Gfpr Fed Holds Rate Steady
You ;ve probably seen photos and video of overarmed police officers facing off against unarmed protestors in Fergus stanley cup becher (https://www.cup-stanley.at) on, Missouri . The view of soldier-cops with assault rifles riding on top of mineproof tanks is certainly excessive, but also surprisingly common. How did we get here The revelation that police officers look more and more like soldiers in America is not a new one, but the events in Ferguson serve as a visceral reminder of how some potentially misguided policies have g stanley termosky (https://www.stanley-cup.cz) iven our local law enforcement agencies weaponry that would be more at home in a foxhole than a cul-de-sac. The militarization of Ferguson鈥攁nd countless municipalities like it鈥攊s the result of process that kicked off in the 1990s, when crime rates spiked and Congress made it easy for the Department of Defense to transfer excess equipment to local police forces. The part of the National Defense Authorization Act this new policy af cups stanley (https://www.cups-stanley.us) fected is now known as Section 1033. The initial intent of Section 1033 was to help police go to war against violent drug gangs and terrorists. But a glut of Bearcats and battering rams and anything else you ;d find in an armory after Iraq and Afghanistan than they knew what to do with. So the program expanded to include local police forces that didn ;t have any demonstrable use for the equipment, but who also weren ;t going to say no to a very expensive handout from Uncle Sam鈥攆ree of charge. As far as what exactly Ferguson has at its disposal,