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News
December 15, 2014

In The News Today – December 15, 2014

New York Gov. Andrew Cuomo and state legislators are reportedly “jockeying” over how to spend “an extra $5 billion” in proceeds from recent bank settlements. Spending proposals range from infrastructure to the New York City Housing Authority. (Wall Street Journal)

Last week, a federal appeals court overturned two insider trading convictions by the Manhattan U.S. Attorney. Critics are seizing upon this ruling as “the final verdict of prosecutorial overreach.” (Wall Street Journal)

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