Senator: Richard Blumenthal

People, Senator

Richard Blumenthal  (/ˈbluːmənθɔːl/; born February 13, 1946) is an American attorney and politician currently serving as the senior United States Senator from Connecticut, a seat to which he was first elected in 2010. A member of the Democratic Party, he is ranked as one of the wealthiest members of the Senate, with a net worth of over $100 million. Previously, he served as Attorney General of Connecticut from 1991 to 2011.

Born in Brooklyn, New York, Blumenthal attended Riverdale Country School, a private school in the Bronx. He graduated from Harvard College, where he was editorial chairman of The Harvard Crimson. He studied for a year at Trinity College, Cambridge, in England before attending Yale Law School, where he was editor-in-chief of the Yale Law Journal. While at Yale, he was a classmate of Bill and Hillary Clinton. From 1970 to 1976, Blumenthal served in the United States Marine Corps Reserve, where he attained the rank of sergeant. Continue reading “Senator: Richard Blumenthal”

Article: Has Wall Street Stolen $100 Trillion from the American Public? Will Donald Trump Get It Back?

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Has Wall Street Stolen $100 Trillion from the American Public? Will Donald Trump Get It Back?

Tehran Times, May 26, 2020 – International

TEHRAN – Robert David Steele, a former Marine Corps infantry officer and CIA spy as well as an activist for Open Source Everything Engineering (OSEE), contributes regularly to Tehran Times.

Continue reading “Article: Has Wall Street Stolen $100 Trillion from the American Public? Will Donald Trump Get It Back?”

Article: Senator Blumenthal seeks criminal investigation of shoddy military housing

Article - Media, Publications

Senator Blumenthal seeks criminal investigation of shoddy military housing

Andrea Januta, Deborah Nelson, M.B. Pell, 08 March 2019

WASHINGTON (Reuters) – U.S. senators demanded accountability for slum-like housing conditions on military bases across the country Thursday, with one calling for a criminal investigation of private landlords granted vast power over tenant housing. Continue reading “Article: Senator Blumenthal seeks criminal investigation of shoddy military housing”

Article: Fact check: Trump says Blumenthal lied (he did) and bragged (he didn’t)

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Fact check: Trump says Blumenthal lied (he did) and bragged (he didn’t)

Jane C. Timm, 30 September 2018

President Donald Trump attacked Sen. Richard Blumenthal, D-Conn., for misleading voters, making some false claims of his own in the process.

“Senator Richard Blumenthal must talk about his fraudulent service in Vietnam, where for 12 years he told the people of Connecticut, as their Attorney General, that he was a great Marine War Hero. Talked about his many battles of near death, but was never in Vietnam. Total Phony!” Trump tweeted. Continue reading “Article: Fact check: Trump says Blumenthal lied (he did) and bragged (he didn’t)”

Article: Southridge Hedgie Hicks Shrugs Off Regulators Investor Fraud Suits

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Southridge Hedgie Hicks Shrugs Off Regulators Investor Fraud Suits

Teri Buhl, 26 October 2010

Stephen Hicks and his Ridgefield, CT hedge fund, Southridge Capital, were sued yesterday for multiple securities violations by the SEC and the Connecticut Banking Commissioner in Connecticut state and federal courts. Howard Pitkin, head of the CT Department of Banking, has been after Hicks for investor fraud and abuse in its broker dealer business since 2007.

Hicks is fight back- after being ordered to comply with a subpoena from the Banking Commission, Southridge then appealed to the Connecticut Supreme Court but Pitken eventually won the right to review the funds internal records. Pitkin had originally filed a cease and desist order against the broker dealer side of the hedge funds business. Now he wants to shut the whole Southridge opperation down. Continue reading “Article: Southridge Hedgie Hicks Shrugs Off Regulators Investor Fraud Suits”

Article: The Other Blumenthal Scandal

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The Other Blumenthal Scandal

The Wall Street Journal, 21 May 2010

Richard Blumenthal, the Democratic Senatorial candidate from Connecticut, is in trouble this week for lying about having fought in Vietnam. The former Marine reservist admits he “misspoke” on several occasions about his military service and is otherwise unapologetic, but the revelation has thrown open a race that Mr. Blumenthal appeared to have in the bag. Continue reading “Article: The Other Blumenthal Scandal”

Letter: Susanne Trimbath to SEC on Proposed Amendments to Regulation SHO

Letter

Susanne Trimbath to SEC on Proposed Amendments to Regulation SHO

Susanne Trimbath

STP Advisory Services, LLC, 29 August 2006

I am a Ph.D. economist doing research and consulting in finance and economics. I am formerly Director of Transfer Agent Services for Depository Trust Company in New York, and Operations Manager for Pacific Depository Trust Company and Pacific Securities Clearing Corporation in San Francisco. I also was Senior Advisor for KPMG on the USAID Capital Markets Project to design and implement trade clearing and settlement operations during privatization in Russia. Over the last three years I have been a paid advisor to companies, investors and law firms on the issues addressed by Regulation SHO. My comments will reflect my expertise in economic analysis of law and market efficiency, plus securities processing operations.

PDF (14 pages): Susanne Trimbath to SEC on Proposed Amendments to Regulation SHO

Article: Hedge Hogs

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Hedge Hogs

Liz Moyer

Forbes, 28 June 2006

So who should be overseeing the $1.2 trillion hedge fund industry? Apparently no one is now. But the U.S. Senate Judiciary Committee has two ideas.

Either the nation needs new legislation to tackle allegations of widespread trading abuses by the hedge funds, or law enforcement officials should simply be encouraged to do the right thing with laws they already have at their disposal?

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Article: STATE PRESSES FRAUD PROBE

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STATE PRESSES FRAUD PROBE

DIANE LEVICK, 20 October 2004

Connecticut stepped up its own probe of insurance misconduct Tuesday as Attorney General Richard Blumenthal, convinced that there is bid-rigging and other fraud here, issued at least 20 subpoenas to insurance companies and brokers.

Blumenthal’s latest move follows a lawsuit last week and arrests by the New York attorney general’s office, which is investigating manipulation of bids and questionable payment practices involving insurance brokers and companies. Continue reading “Article: STATE PRESSES FRAUD PROBE”