July 1, 2013 4:40 PM
Three former Wall Street traders who were charged in a broad crackdown on insider trading by the U.S. government lost their bids to reverse their convictions and sentences.. The 2nd U.S. Circuit Court of Appeals in New York upheld the 2011 convictions and sentences of traders including Zvi Goffer, once dubbed "Octopussy" after the James Bond film thanks to his various sources of information. The ruling allows to stand the 10-year sentence handed to Goffer, 36, a former trader at Schottenfeld Group. Goffer's sentence was the third-longest U.S sentence for insider trading. The U.S. 9th Circuit Court of Appeals ruled today that gay marriages are officially legal in California!!! After SCOTUS' Prop 8 ruling this week, the lower court was free to lift the injunction and that's just what they've done! And Governor Jerry Brown already ordered state officials 'to begin issuing marriage licenses to same-sex couples in California as soon as the 9th Circuit confirms the stay is lifted," so it's OFFICIAL!!! A federal appeals court says it is lifting its freeze on same-sex marriages in California and the state is required to issue licenses to gay couples starting immediately.