Says. Now, that was just one of the tapes released earlier by tmz. Here is another tape. Take a listen to this one. Ross, this has created a firestorm within the nba. Reporter yes, this is uncharted territory for the league. This is Donald Sterlings first crisis hes facing. No one knows what he has powers over, but he said he has broad powers to protect the league. Many believe that commissioner adam silvers will issue a hefty fine. Because 15 sponsors have already abandoned the clippers, and well see what happens from this point on. Were see Team Clippers and other teams coming forward and doing acts of protest courtside, bad news at the worst possible time. This has been a banner year. But of course this is a shadow over the league. Its one of those things where were banding together. Lebron james has been speaking out against Donald Sterling wearing the black socks and black arm bands. Adam silver must make a stand, this will be the first thing that he does, and he needs to protect
That could include a 2. 5 billion settlement, a substantial amount of money for Credit Suisse, as well as a guilty plea from the Parent Company. This would be a sea change in the way the Justice Department has dealt with big banks. One of the conversations we have don having is what will this to the bank, and how will that affect the bank, hurt future business, impact revenue . This is unchartered territory, right, if they were to agree to criminal charges . It is. If they go for the parent whatny, it is a turn from the Justice Department has done where they could charge the subsidiary, which typically shields the Broader Company from collateral damage. What is next once they saw this . We have a lot of people to go. We will see what happens to a bank if a Parent Company plead guilty and is find, and if the Justice Department will go after other banks and similar cases. Much, keriu so geiger. Fcc chairman tom wheelers proposal to regulate internet traffic has cleared its first pozo, an
Donald sterling. Any moment now, nba commissioner ad sam silver will make an adam silver make announcement on the investigation. Lets go straight to the our panel and i inspiration for jerry maguire, Leigh Steinberg, we have sports attorney lee olenick and sports Business Journal adam kaplan and fox newss brian kilmeade. Give me the legal perspective on this one. What can he do. What he can do the commissioner can suspend him indefinitely and fine him up to 2. A Million Dollars. Constitution and within the bylaws allows for that. He can get rid of him. Melissa lee, that is not really get rid of him. Do you feel like that is meaningful punishment . If he suspended not doing business at work but could do anything from anywhere. A few Million Dollars will not make a difference for somebody worth billions. Do you that is meaningful. Whats going to happen here, they will indefinitely suspend him and they will start pushing to get the franchise transferred over. This is his last day as activ
World in 90 seconds. An american author die as at age 86. The president is set to detail the u. S. Role in the world going forward, a day after he announced the future of troops in afghanistan. You have to recognize afghanistan will not be a perfect place. Sterling is making it clear. He is going to fight the nba charges against him. His wife is reportedly helping to sell the clippers. I was trained as a spy. Edward snowden firing back at critics saying he was much more than just a lowlevel hacker. I lived and worked undercover, oversea, even being assigned a name that was not mine. Classes resume today at the university of california, santa barbara. The six victims of the deadly ram pain were remembered in an emotional service. How many more people are going to have to die before the problem get solved . Millions bracing for more torrential rain. Google taking to the streets with a driverless car. Its got no steering well or pedal. I love this his first pitch was not great. Just a bit
Profession to treat the practice of law as allconsuming, while losing sight of everything else. That makes for a shallow and unfulfilling life. I worked hard as a lawyer and professor. I owed that to my clients, to my students and to myself, but i never let the law define my identify or crowd out the rest of my life. A similar principle applies to the role of courts. Courts have a vital responsibility to the rule of law, which is critical to a free society, but courts are not designed to solve every problem or right every wrong in our public life. The policy decisions and value judgments of government must be made by the political branches elected by and accountable to the people. The public should not expect courts to do so, and courts should not try. That is the approach that i have strived to follow as a judge on the 7th circuit. In every case, i have carefully considered the arguments presented by the parties, discussed the issues with my colleagues on the court, and done my utmost