Ever since news broke that a federal grand jury was looking into dealings between insurance broker Earl O'Garro and the city of Hartford, there's been a question: How well do O'Garro and city Treasurer Adam Cloud know each other? Now we have a few more answers.
The Rockstar Energy Drink RC Boat has pictures of Rockstar Energy drinks on the box. U.S. Senator Richard Blumenthal says this breaks a promise by Rockstar to stop marketing to children under the age of 12.
Credit Ray Hardman / WNPR
The Rockstar Energy Drink RC boat.
Credit Ray Hardman / WNPR
U.S. Senator Richard Blumenthal said toys like these break a promise from energy drink companies to cease marketing for children under the age of 12.
Credit Ray Hardman / WNPR
Jennifer Harris from Yale University's Rudd Center for Food Policy and Obesity says using toys to market energy drinks to children is "some of the most outrageous marketing to kids we've seen"
In a press conference at the legislative office building in Hartford on Monday, U.S. Senator Richard Blumenthal called on energy drink companies to stop marketing their product to children through toys bearing the energy drink's logo.
A batch of internal documents recently leaked to The Guardian has revealed new insights into the goals and finances of the secretive group called ALEC. The American Legislative Exchange Council is a group that brings together state legislators and representatives of corporations. Together, they develop model bills that lawmakers introduce and try to pass in their state legislatures.
The court ruled that there was a enough evidence to convict Perez, but that the trial court judge made a procedural error that merits two new trials. Perez was convicted over three years ago on separate charges relating to bribery and extortion while he was mayor. A judge sentenced him to three years in prison.
Last month, the city of Hartford gave a series of documents to a federal grand jury looking into the business dealings of troubled insurance broker Earl O’Garro. Now, the city has released those documents publicly.
The line of people who want their money from Earl O'Garro continues to grow.
O'Garro is the man at the center of a federal grand jury investigation looking into $670,000 in missing taxpayer money. The city of Hartford paid him to pay its insurance bills, and he apparently never did.
Former chemist Annie Dookhan began serving a 3-to-5 year sentence in a Massachusetts prison on Friday after pleading guilty to falsifying tests of drug evidence and helping to create one of the nation's largest drug lab scandals.
Massachusetts Attorney General Martha Coakley says the state is taking steps to improve forensic testing:
"It is certainly lessons learned," she says. "We hope that we've made changes in the system that will mean this unique case will not happen again in Massachusetts."
State and federal regulators have hailed Tuesday's $13 billion settlement with JPMorgan Chase & Co. over faulty mortgage assets it sold in the years leading up to the financial crisis as a big victory for the judicial system.
But like other big settlements to emerge from the financial crisis, the deal leaves unclear just what the bank did wrong.
Hartford city auditors have said that Treasurer Adam Cloud had an apparent conflict of interest when it came to his family's business relationship with a city insurance broker. But this isn't Cloud's first run-in with the ethics code.
We’re less than a year away from the 2014 midterm election, but we’re still wrapping up a major story from the last congressional election. One of the key figures in the Chris Donovan scandal involving illegal campaign contributions was sentenced on Monday.
Another chapter in the political scandal that derailed former House Speaker Chris Donovan’s congressional campaign has come to a close as one of the key figures in the case was sentenced earlier this week. Our weekly political news roundtable The Wheelhouse will discuss this and what the Obamacare delay means for Connecticut. And will Foxwoods get a casino in Massachusetts?
In a settlement deal, JPMorgan Chase has agreed to pay some $13 billion in fines and other payments related to mortgages and mortgage securities that helped cause the financial crisis that began in 2007.
Originally published on Tue November 19, 2013 5:38 pm
In an agreement settling many U.S. claims over its sale of troubled mortgages, JPMorgan Chase will pay a record $13 billion, in a deal announced by the Justice Department Tuesday. The plan includes a $4 billion payment for consumer relief, along with a payment to investors of more than $6 billion and a large fine.
The latest updates on this story are at the bottom of this post. We've also added a few key points to the main post.
Originally published on Mon November 18, 2013 8:45 pm
JPMorgan Chase & Co. will pay $4 billion to consumers who were hurt by faulty mortgage underwriting, part of a larger $13 billion deal to settle the bank's liability in the collapse of toxic securities during the housing crisis.
Hartford continues to buzz with questions about insurance broker Earl O'Garro, city treasurer Adam Cloud, and nearly $700,000 of missing taxpayer money. Now there are unanswered questions about a 2012 trip to New York City.
Originally published on Tue November 12, 2013 12:43 pm
In Dave Eggers' terrific new novel, The Circle, set at a California computer company, a cult of connection is slowly taking over the United States and spreading around the globe. An evolving cultural preference for constant sharing by way of computer and camera is turning any citizen's wish for privacy into a scorned, misanthropic secrecy.
An investigation has confirmed test tampering at a Hartford elementary school. In a report submitted this week to state education officials by an outside law firm, investigators concluded there were irregularities in more than two dozen Connecticut Mastery Tests at the Early Reading Lab at Betances Elementary School. The report was obtained by The Hartford Courant.
Once a federal grand jury enters the picture, every little detail counts.
Yesterday, we told you that Hartford city auditors issued their report on Treasurer Adam Cloud and Hybrid Insurance Group. Among other things, they found that Cloud and finance officials ignored standard operating procedure when they wired more than $800,000 to Hybrid's troubled CEO Earl O'Garro.
Toronto Mayor Rob Ford says he is "going to ride this storm out."
Of course, he is referring to the scandal that has overtaken his term as mayor of Canada's largest city. As Mark reported, for months now, there have been reports that there is a video out there that allegedly shows Ford smoking crack cocaine.
The scope of the federal grand jury investigation involving the relationship between Hartford's city treasurer and an insurance broker continues to grow, as the state has confirmed that federal prosecutors served a subpoena on two of its departments.