Thu, 31 July 2014
ROBERT MAZUR spent five years undercover infiltrating the criminal hierarchy of Colombia’s drug cartels. The dirty bankers and businessmen he befriended—some of whom still shape power across the globe—knew him as Bob Musella, a wealthy, mob-connected big shot living the good life. Together they partied in $1,000-per-night hotel suites, drank bottles of the world’s finest champagne, drove Rolls-Royce convertibles, and flew in private jets. But under Mazur’s Armani suits and in his Renwick briefcase, recorders whirred quietly, capturing the damning evidence of their crimes. Then, at a staged wedding, he led a dramatic takedown that shook the underworld. In the end, more than eighty men and women were charged worldwide. Operation C-Chase became one of the most successful undercover operations in the history of U.S. law enforcement, and evidence gathered during the bust proved critical to the conviction of General Manuel Noriega.
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Thu, 31 July 2014
TheStreet.com's Dan Freed joins us for a discussion of the mortgage crisis and just where that $65 billion in settlement proceeds that the big banks are paying over to the Feds and the States is going. In some states like New York it may actually help homeowners in need, but in others like California, it's just going to plug the deficit. Have we learned anything from the mortgage meltdown? That remains to be seen.
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Thu, 31 July 2014
Ivan Eland thinks that the American foreign policy elite should learn something from the recent humiliating evacuation of the U.S. embassy in Tripoli, Libya -- amid the chaos of tribal civil war in that country -- but probably won't. Since World War II, this bipartisan elite has thumbed its nose at the traditional U.S. foreign policy of strategic independence and military restraint overseas, which was initiated by the nation's founders and lasted through the most of the republic's history. Then the second great world conflagration demonstrated to the elite that new interdependence among nations somehow made that policy obsolete. Really?
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