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mattrenz16

Biden Nominees Vow to Avoid Politicizing Justice Dept. - The New York Times - 0 views

  • WASHINGTON — President Biden’s nominees to fill out the Justice Department’s leadership ranks pledged at their confirmation hearing on Tuesday to tackle domestic extremism, racial inequality and other thorny issues within the bounds of the law, seeking to restore order to a department battered by political attacks during the Trump administration.
  • Lisa Monaco, a Justice Department veteran and national security expert nominated to be deputy attorney general, and Vanita Gupta, a civil rights lawyer known for her criminal justice overhaul work tapped as the department’s No. 3, told the Senate Judiciary Committee that they were committed to ensuring that the department meted out equal justice under the law.
  • “Throughout my career, these norms have been my North Star,” Ms. Monaco said.
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  • The remarks were met with approval by committee members, who agreed that the department had been improperly wielded for political gain — even as Democrats and Republicans disagreed about whether such politicization occurred under the Trump or the Obama administration.
  • Ms. Monaco said the Justice Department’s efforts to combat domestic extremism would be among her top priorities, especially in light of the Jan. 6 attack on the Capitol by a pro-Trump mob. She said the department needed to understand how “we could have such an attack that I personally never thought I would see in my lifetime.”
  • She pledged to deploy law enforcement resources to learn what motivated the insurrectionists and to prevent a repeat, calling the Justice Department’s sprawling investigation into the attack “nothing less than the defense of our democracy.”
  • And civil libertarians have raised questions about how the F.BI. will investigate extremists for activities protected by the First Amendment.
liamhudgings

BBC - Travel - The glitzy European city going green - 0 views

  • It’s an unlikely spot for an organic fruit and vegetable garden, tucked away between soulless high-rise buildings that dot the most densely populated country in the world
  • But this 450 sq m sliver of land is where market gardener Jessica Sbaraglia toils away.
  • launched her urban agriculture business Terre de Monaco in 2016 and she now has five micro farms on Monaco’s rooftops, balconies and hidden plots of land.
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  • With 1,600 sq m of potagers (gardens) that have produced 5 tonnes of organic produce since 2016 and partnerships with chefs of Michelin-starred restaurants, Terre de Monaco is a local success story.
  • Monaco is mostly concrete; I didn’t think I’d find the room. I really needed to convince people.”
  • The country may be associated with glamour and excess – from hedonistic frolics on a superyacht to a flutter in the grand casinos – yet this corner of the Côte d’Azur is, surprisingly, emerging as a leader in environmental responsibility.
  • Everywhere I looked, there were sustainable ways of shuttling me from A to B that help to reduce my carbon footprint; whether it was a hybrid bus snaking along Monaco’s winding roads or a leisurely cruise on the solar powered “bus boat” that crosses Port Hercules every 20 minutes. 
  • , I also noticed the abundance of eateries offering local, organic produce, some highlighting meat-free menus.
  • The lavish hotels scattered throughout this jet setters’ paradise are also playing their part, with many boasting green certifications recognising their sustainability efforts.
  • he so-called “Temple of the Sea” has watched over the Mediterranean for more than a century, raising awareness for the protection of the world’s oceans since its founding in 1910 by Prince Albert I.
  • “You can’t shut down the economy of an entire country, so we try and balance it out, it’s about offset,” said Anderson, acknowledging the steady stream of gas-guzzling luxury wheels that share the streets with the principality’s free-floating electric cars. “
  • “But it needs to go further in striking a balance with the demands of tourism, because we’re not yet perfect.”
Javier E

What a Failed Trump Administration Looks Like - The New York Times - 0 views

  • President Trump’s mental state is like a train that long ago left freewheeling and iconoclastic, has raced through indulgent, chaotic and unnerving, and is now careening past unhinged, unmoored and unglued.
  • Trump’s White House staff is at war with itself. His poll ratings are falling at unprecedented speed. His policy agenda is stalled. F.B.I. investigations are just beginning. This does not feel like a sustainable operation.
  • On the other hand, I have trouble seeing exactly how this administration ends. Many of the institutions that would normally ease out or remove a failing president no longer exist.
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  • There are no longer moral arbiters in Congress like Howard Baker and Sam Ervin to lead a resignation or impeachment process. There is no longer a single media establishment that shapes how the country sees the president. This is no longer a country in which everybody experiences the same reality.
  • Everything about Trump that appalls 65 percent of America strengthens him with the other 35 percent, and he can ride that group for a while. Even after these horrible four weeks, Republicans on Capitol Hill are not close to abandoning their man.
  • The likelihood is this: We’re going to have an administration that has morally and politically collapsed, without actually going away.
  • To get anything done, a president depends on the vast machinery of the U.S. government. But Trump doesn’t mesh with that machinery. He is personality-based while it is rule-based. Furthermore, he’s declared war on it. And when you declare war on the establishment, it declares war on you.
  • Second, this will probably become a more insular administration. Usually when administrations stumble, they fire a few people and bring in the grown-ups
  • But Trump is anti-grown-up
  • the circle of trust seems to be shrinking to his daughter, her husband and Stephen Bannon.
  • In an administration in which “promoted beyond his capacity” takes on new meaning, Bannon looms. With each passing day, Trump talks more like Bannon without the background reading.
  • Third, we are about to enter a decentralized world. For the past 70 years most nations have instinctively looked to the U.S. for leadership, either to follow or oppose. But in capitals around the world, intelligence agencies are drafting memos with advice on how to play Donald Trump. Advertisement Continue reading the main story
  • The first conclusion is obvious. This administration is more like a medieval monarchy than a modern nation-state. It’s more “The Madness of King George” than “The Missiles of October.” The key currency is not power, it’s flattery.
  • If you want to roll the Trump administration, you’ve got to get in line. The Israelis got a possible one-state solution. The Chinese got Trump to flip-flop on the “One China” policy. The Europeans got him to do a 180 on undoing the Iran nuclear deal.
  • We’re about to enter a moment in which U.S. economic and military might is strong but U.S. political might is weak. Imagine the Roman Empire governed by Monaco.
  • The only saving thought is this: The human imagination is vast, but it is not nearly vast enough to encompass the infinitely multitudinous ways Donald Trump can find to get himself disgraced.
jordancart33

Yves Bouvier charged over 'concealed theft' of Picasso paintings - Telegraph - 0 views

  • The bail sum of €27m was the amount that Russian billionaire Dmitri Rybolovlev, who owns Monaco football club, paid for the two paintings, judicial sources told AFP. He also owns the 58 drawings, though it is not known where the third painting is. There has been no suggestion that Mr Rybolovlev, who bought his art through a family trust, knew that any of the works might have been stolen.
Javier E

Lisa Monaco and Ken Wainstein: We need our leaders to do their duty - The Washington Post - 0 views

  • In this era of polarized politics, where too often the political extremes dictate action — or more often, inaction — we need something even more important from our leaders. We need them to do their duty.
  • Duty is the age-old notion that one should do what is right, regardless of whether it is personally beneficial or costly.
  • Duty says our leaders should prioritize the public’s interests over their own.
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  • And, it means living a life of duty that sets an example for the rest of us.
  • Instead, we should reaffirm the importance of duty in our own political lives by looking for and lifting up the dutiful leaders among us who remain loyal to the common good.
anonymous

Biden's Pick for Justice Dept. No. 3, Vanita Gupta, Wins Backing of Law Enforcement - T... - 0 views

  • The nominee, Vanita Gupta, had served as the department’s top civil rights official during the Obama administration. Some Republicans have already signaled that they will oppose her.
  • WASHINGTON — When the Obama administration convened a meeting in 2015 to discuss its investigation into police abuses in Ferguson, Mo., some officials were puzzled to see the conservative activist Grover Norquist in attendance, and even more surprised to learn that he was the guest of Vanita Gupta, a Justice Department official known for her work with progressive legal groups.
  • Ms. Monaco, 53, is a national security expert who began her career at the Justice Department as a federal prosecutor who worked on the Enron task force, and later served as an F.B.I. official and head of the Justice Department’s National Security Division.
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  • “I have known and worked with Ms. Gupta for several years, and have been extraordinarily impressed by her seriousness, her honesty and her capacity to engage in fruitful and productive dialogue regarding policing and criminal justice,” David J. Mahoney, the president of the National Sheriffs’ Association, said in a letter to the Judiciary Committee.
  • he Judicial Crisis Network campaign, standing in opposition to the support of Ms. Gupta by mainstream law enforcement groups, shows a split among some conservatives over their willingness to work with the Biden administration on issues like criminal justice reform that have had bipartisan support. Former President Donald J. Trump signed a broad overhaul of the criminal justice system in 2018 that expanded job training and early-release programs and modified sentencing laws.
  • While the Judicial Crisis Network is not known for taking a strong stance on policing issues, it is little surprise that Ms. Severino would oppose Ms. Gupta’s nomination. The group has pushed for the Supreme Court to rule against measures that would expand gay rights, and Ms. Gupta was the head of the Civil Rights Division in the final years of the Obama administration while the department broadly supported extending those protections. The Trump administration pared back those protections, but that could be reassessed under the Biden administration.
aidenborst

Merrick Garland finally got his Senate vote. Now comes the hard part - CNNPolitics - 0 views

  • Merrick Garland faces multiple crises to address and politically tough decisions to make as he belatedly takes the reins at the Justice Department as attorney general.
  • He'll try to heal a workforce that was battered during the Trump era, deliver on President Joe Biden's liberal priorities and campaign promises and oversee some of the most complex investigations in a generation.
  • Garland got a bipartisan nod of approval of 70-30, earning the support of 20 Republicans in a Senate where zero-sum partisanship is the new normal. But that was the easy part for Garland, who's been a federal appellate judge since 1997.
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  • Other issues pose long-term challenges. Biden made big promises on criminal justice and police reform. At the peak of last summer's protests against racial inequality, Biden said at an NAACP town hall that the US had reached "a moment where we must make substantive changes now."
  • Some issues percolated to the front-burner before Garland was confirmed. Under Biden, the Justice Department already revoked some hardline immigration policies and told the Supreme Court that it was reversing the Trump-era position that the Affordable Care Act is unconstitutional.
  • "He is exactly what the DOJ needs at this historic moment in our nation's history," said Michael Zeldin, a former CNN contributor who previously served in several senior roles at the Justice Department. "He knows the department, he's a legal scholar, and he recognizes the inflection point the criminal justice system is at and understands the imperative of getting it right."
  • Another related priority looms at the Justice Department. Biden vowed to crack down on White supremacists and right-wing extremist groups. It's now up to Garland to make that happen.
  • "Garland will be watched closely for his handling of domestic terrorism matters," said Jessica Carmichael, a DC-area defense attorney who specializes in privacy and surveillance issues. "I hope (that he) approaches this issue in keeping with a broader goal of criminal justice reform and not simply advocating for more criminal laws, more surveillance, and more incarceration."
  • It will be an uphill climb -- especially in this heated political climate and with disinformation running rampant -- to convince Americans that these investigations are being handled without bias. After repeated abuses and attempts by Trump to politicize the Justice Department, experts have said that it could take many years to restore the public's faith in federal law enforcement.
  • If Democrats stay united, they can confirm Lisa Monaco to the No. 2 post, Vanita Gupta to the No. 3 spot, and Kristen Clarke to run the Civil Rights Division. But the GOP hasn't made it easy.
  • Gorelick continued, "He was talking about the Justice Department as 'we' during his confirmation hearing because he grew up there, and it will be very natural for him to return."
katherineharron

Opinion: Investigation of Rudy Giuliani is ramping up in a big way - CNN - 0 views

  • FBI agents showed up at Giuliani's home and office to execute a search warrant approved by a federal judge, and later did the same with respect to fellow lawyer Victoria Toensing, a major sign that the investigation is not just still alive, but that it is ramping up in a big way. (In a statement to The Wall Street Journal, Ms. Toensing's law firm said she had been informed she wasn't a target of the investigation.)
  • The crimes under investigation, according to The New York Times, relate to whether Giuliani acted as an unregistered foreign agent
  • Giuliani was also lobbying US officials about matters of interest to Ukrainians with whom Giuliani was working, like the removal of then-US Ambassador to Ukraine Marie Yovanovitch.
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  • One may ask: why did it take so long to get around to executing search warrants? We don't know for sure, and likely never will given the confidentiality around internal deliberations involving criminal investigations at DOJ, but The New York Times is reporting that there may have been politically motivated action taken to delay and then refuse to approve the warrant under the Trump administration. Search warrants involving lawyers like Giuliani carry particularly onerous approval requirements, because of concerns around breaching the attorney-client privilege by gaining access to communications between a lawyer and his client.
  • That means that these particular warrants would have been sent through the chain of command at the US Attorney's Office, up to Acting US Attorney Audrey Strauss, and then down to the Justice Department in Washington for another set of approvals.
  • Thus, in this case, before presenting the warrant to a judge, the Giuliani and Toensing search warrants also would have been approved by DOJ's second-in-command, now Lisa Monaco. Once approval is given, prosecutors take the application to a federal judge, who must be satisfied that there was probable cause to believe that a crime has been committed and that the evidence sought would be relevant to proving that crime.
  • But I expect -- as we saw when another Trump personal lawyer, Michael Cohen, was served with a search warrant as part of his criminal investigation by SDNY -- that Giuliani will challenge them every step of the way.
  • Once the legal challenges are dispensed with and the investigative team is able to review the evidence they collected, they will conduct any necessary follow-up investigation before making a charging decision. And while the FARA charges described above may be the most likely at this moment, new and additional offenses often come to light as an investigation proceeds, so it's impossible to say where authorities may end up.
  • while executing a search warrant certainly was a major event in the already lengthy saga of the investigation of Rudy Giuliani, there remains a long road ahead before we will know whether Giuliani faces arrest and criminal prosecution
Javier E

How San Francisco broke America's heart - The Washington Post - 0 views

  • Conservatives have long loathed it as the axis of liberal politics and political correctness, but now progressives are carping, too. They mourn it for what has been lost, a city that long welcomed everyone and has been altered by an earthquake of wealth. It is a place that people disparage constantly, especially residents.
  • Real estate is the nation’s costliest. Listings read like typos, a median $1.6 million for a single-family home and $3,700 monthly rent for a one-bedroom apartment.
  • “This is unregulated capitalism, unbridled capitalism, capitalism run amok. There are no guardrails,” says Salesforce founder and chairman Marc Benioff, a fourth-generation San Franciscan who in a TV interview branded his city “a train wreck.”
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  • Tech isn't what everyone talks about in San Francisco. It's money. Real estate, income inequality, $20 salads, the homeless, adult children unable to move out, non-tech workers unable to move in.
  • What residents resent now is the shift to one industry, a monoculture.
  • Julie Levak-Madding, who manages the VanishingSF page on Facebook, documenting the “hyper-gentrifiction” of her city. “It’s so devastating to a huge amount of the population.”
  • Too homogenous. Too expensive. Too tech. Too millennial. Too white. Too elite. Too bro.
  • Everyone has a story about what isn’t here anymore. The inability to find a hardware store, a shoe repair, a lesbian bar, a drag-queen bar, an independent music club
  • San Francisco has less of what makes a city dynamic. It has the lowest percentage of children, 13.4 percent, of any major American city, and is home to about as many dogs as humans under the age of 18.
  • “You’re constantly trying to justify why you stay. There’s this blanket of anxiety and frustration that lives on top of everything,” says Talbot, a white fifth-generation San Franciscan. “You’re heartbroken because it’s changed so much and so quickly. This nostalgia is baked into everything, of missing what was here.
  • “I don’t know anyone in San Francisco who is making a full-time living as an artist,” says Victor Krummenacher of the band Camper Van Beethoven, who left the city in April after 30 years, moving an hour east of Los Angeles. “Part of being an artist is being an observer of what is going on. In the Bay Area, you’re so mired in the congestion and costs.
  • San Francisco has also become less welcoming of altruistic professions, as teachers and social workers are priced out of housing.
  • The Sierra Club, founded in 1892, decamped to Oakland three years ago after its annual rent was projected to increase by almost $1.5 million. “Nonprofits are fleeing San Francisco. They can no longer afford it, ”
  • To take a midday tour downtown is to be enveloped by a jeaned and athleisured army of young workers, mostly white and Asian, and predominantly male. The presence of a boomer or toddler is akin to spotting an endangered species
  • and now the gayborhoods are going away.” A resident of the Castro, the city’s famed gayborhood that’s been transformed by record prosperity, he bemoans the loss of cultural vitality and lack of caring for the less fortunate. “I don’t hear people talking about poetry. I still love my town. I still love my neighborhood, but it is changing very rapidly. It’s quite harsh and quite brutal and it frightens me.”
  • this is what happens when unbridled capitalism collides with progressive ideals.”
  • Benioff, the city’s largest employer, says residents are at “the beginning of our journey in San Francisco of understanding who we’ve become and where we’re going,” he says. Yet, he acknowledges, “there are a lot of people who are not willing to do the work. They’re here to make money. They’re not here for the long haul.”
  • “This is a place none of us would have moved to. It’s Monaco,” Levak-Madding says. “It’s urban blight by excess.”
katherineharron

Biden-Harris administration: Here's who could serve in top roles - CNNPolitics - 0 views

  • President-elect Joe Biden is set to announce who will serve in top roles in his administration in the coming days and weeks.
  • Ron Klain, one of his most trusted campaign advisers, will serve as his incoming chief of staff. And Jen O'Malley Dillon, Biden's campaign manager, and Rep. Cedric Richmond of Louisiana, a co-chair of Biden's transition team and presidential campaign, will serve in top roles in the White House.
  • Each of Biden's Cabinet nominees will need to be confirmed by the US Senate, which is currently controlled by Republicans. Two runoff elections in Georgia on January 5 could determine which party controls the chamber and impact the Cabinet confirmation process.
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  • The Cabinet includes the vice president and the heads of 15 executive departments
  • Klain served as Biden's chief of staff in the Obama White House and was also a senior aide to the President.
  • Klain has been a top debate preparation adviser to Biden, Obama, Bill Clinton, Gore, John Kerry and Hillary Clinton.
  • O'Malley Dillon will join Biden's incoming administration as a deputy White House chief of staff. O'Malley Dillon was Biden's presidential campaign manager and has served numerous other political campaigns -- including former Rep. Beto O'Rourke's failed 2020 presidential primary campaign and both of Barack Obama's presidential campaigns.
  • Richmond is expected to leave Congress to join Biden's White House staff in a senior role.
  • Rice served in the Obama administration as UN ambassador and national security adviser.
  • During the Clinton administration, Blinken served as a member of the National Security Council staff at the White House, and held roles as the special assistant to the president, senior director for European affairs, and senior director for speechwriting and then strategic planning. He was Clinton's chief foreign policy speechwriter
  • Rice at one point was thought to be the clear choice to succeed Hillary Clinton as secretary of state, but in 2012 withdrew her name from consideration to avoid a bitter Senate confirmation battle.
  • Blinken served in the Obama administration as the deputy secretary of state, assistant to the president and principal deputy national security adviser.
  • A longtime Biden ally, Coons was one of the first members of Congress to endorse the former vice president when he declared his 2020 presidential candidacy.
  • Yates was fired by Trump from her role as acting attorney general.
  • Throughout his Senate career, Coons has been known for working across the aisle and forging strong relationships with high-profile Republicans who shared common interests.
  • Brainard currently serves as a member of the Board of Governors of the Federal Reserve System
  • Brainard was the US representative to the G-20 Finance Deputies and G-7 Deputies and was a member of the Financial Stability Board. During the Clinton administration, Brainard served as the deputy national economic adviser and deputy assistant to the President.
  • Raskin was the deputy secretary of the US Department of the Treasury during the Obama administration. She was previously a governor of the Federal Reserve Board.
  • Outside of Sen. Elizabeth Warren, Raskin, a former deputy secretary at the department, would be the top choice for most progressives.
  • If chosen and confirmed, Flournoy would be the first female secretary of defense.
  • During the mid-1990's, she served as principal deputy assistant secretary of defense for strategy and threat reduction, as well as deputy assistant secretary of defense for strategy
  • Mayorkas was deputy secretary of Homeland Security during the Obama administration, and served as the director of the Department of Homeland Security's United States Citizenship and Immigration Services
  • Monaco played a critical role in Biden's vice presidential selection committee, and served as Homeland Security and counterterrorism advisor to Obama.
  • Jones is the junior United States Senator from Alabama. He lost his reelection bid earlier this month to Republican Tommy Tuberville.
  • Jones was also involved in the prosecution of Eric Rudolph, whose 1998 attack on a Birmingham abortion clinic killed an off-duty police officer.
  • Rice was one of a handful of women on Biden's shortlist for a running mate.
  • Yates had been appointed by Obama and was set to serve until Trump's nominee for attorney general was confirmed.
  • Haaland is a congresswoman from New Mexico, and is one of the first Native American women to serve in Congress. Biden has said he wants an administration that looks like the country. Haaland, the vice chair of the House Natural Resources Committee, would be the first Native American Cabinet secretary if she were to get an offer and accept it.
  • Yang is an entrepreneur and former 2020 Democratic presidential candidate. He rose from obscurity to become a highly-visible candidate, and his supporters are sometimes referred to as the "Yang Gang." His presidential campaign was centered around the idea of universal basic income, and providing every US citizen with $1,000 a month, or $12,000 a year.
  • Nelson is the international president of the Association of Flight Attendants-CWA. She cemented her image as a rising star of the labor movement during a prolonged government shutdown that stretched from December 2018 to January 2019.
  • Sanders is reaching out to potential supporters in labor to ask for their support as he mounts a campaign for the job. But he is viewed as a long shot and so far has received mix reactions from labor leaders.
  • Walsh is AFL-CIO President Richard Trumka's pick for the job, a big endorsement in what could soon turn into a contentious debate between moderate Democrats and progressives, who will favor Sen. Bernie Sanders or Michigan Rep. Andy Levin
  • Levin is a popular progressive who is also growing his base of support with labor leaders, including at the Communications Workers of America.
  • But he also has credibility with climate activists for having helped create Michigan's Green Jobs Initiative.
  • Murthy, a doctor of internal medicine, is the co-chair of Biden's coronavirus advisory board
  • Bottoms is the mayor of Atlanta and is a rising star of the Democratic Party. Bottoms stepped into the national spotlight when she denounced vandalism in her city as "chaos" after demonstrations over the death of George Floyd, a Black man who was killed by police in Minneapolis. Bottoms is a former judge and city council member.
  • Weingarten is the president of the American Federation of Teachers, AFL-CIO and has long pushed for education reform
  • Inslee is the governor of Washington state, and previously served in the US House of Representatives.
  • Buttigieg is the former mayor of South Bend, Indiana, and a former 2020 Democratic presidential candidate. Buttigieg's presidential bid was historic -- he was the first out gay man to launch a competitive campaign for president, and he broke barriers by becoming the first gay candidate to earn primary delegates for a major party's presidential nomination.
criscimagnael

The Middlemen Helping Russian Oligarchs Get Superyachts and Villas - The New York Times - 0 views

  • On Feb. 24, as Russian troops poured into Ukraine on Day 1 of the invasion, an employee of a yacht management company sent an email to the captain of the Amadea, a $325 million superyacht: “Importance: High.”
  • At Imperial Yachts, no detail is too small to sweat. Based in Monaco, with a staff of about 100 — plus 1,200 to 1,500 crew members aboard yachts — the company caters to oligarchs whose fortunes turn on the decisions of President Vladimir V. Putin. Imperial Yachts and its Moscow-born founder, Evgeniy Kochman, have prospered by fulfilling their clients’ desires to own massive luxury ships.
  • Imperial’s rise has benefited an array of businesses across Europe, including German shipbuilders, Italian carpenters, French interior design firms and Spanish marinas, which together employ thousands of people. Imperial Yachts is at the center of what is essentially an oligarch-industrial complex, overseeing the flow of billions of dollars from politically connected Russians to that network of companies, according to interviews, court documents and intelligence reports.
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  • Andrew Adams, a federal prosecutor leading the task force, said in an interview that “targeting people who make their living by providing a means for money laundering is a key priority.”
  • Along with the Amadea, Imperial Yachts oversaw the construction of the Scheherazade, a $700 million superyacht that U.S. officials say is linked to Mr. Putin, and the Crescent, which the Spanish police believe is owned by Igor Sechin, chairman of the state-owned oil giant Rosneft.
  • Mr. Timchenko and his partners designed the Scheherazade — seized in early May by the Italian police — as a gift for Mr. Putin’s use, according to the assessment. Together, the three vessels may have cost as much as $1.6 billion, enough to buy six new frigates for the Russian navy.
  • But U.S. officials are not buying such explanations. Elizabeth Rosenberg, the assistant secretary for terrorist financing and financial crimes at the Treasury Department, said it was the responsibility of people in the yacht services industry to avoid doing business with people under sanctions.“And if you do,” she said, “you yourself will be subject to sanctions.”
  • Mr. Kochman, 41, got his start in the yacht business in Russia in 2001, the year after Mr. Putin took power, selling Italian-made yachts.
  • “We grow with our clients like parents with babies,
  • We buy your yachts and you buy our gas,”
  • “The client may be fully immersed in the project, he might not be,” he said in a phone interview. “I channel everything through Mr. Kochman.”
  • “We are not currently working with anyone on the sanctions list and we have shared all requested information with the authorities, with whom we continue to work,” the spokesman said in an email.
  • But according to U.S. investigators, Imperial Yachts brokered the sale of the Amadea late last year to Suleiman Kerimov, a Russian government official and billionaire investor who has been on the U.S. sanctions list since 2018. He was among a group of seven oligarchs who the American officials said “benefit from the Putin regime and play a key role in advancing Russia’s malign activities.”
  • Mr. Clark, the lawyer for Imperial Yachts, said the company “would never knowingly create structures to hide or conceal ownership, nor would we knowingly broker deals to sanctioned individuals.”
  • One thing is clear, according to the U.S. task force: Members of Mr. Kerimov’s family were on board the Amadea earlier this year, based on investigators’ interviews with crew members, reviews of emails between the ship and Imperial, and other documents from the superyacht including copies of passports.
  • The cast of characters restoring Villa Altachiara to its former glory is familiar. Mr. Kochman’s BLD Management is supervising the project. Mr. Gey is helping to oversee the local and international artisans restoring the interior of the mansion. Yachtline 1618, an Italian high-end carpentry company that has worked on Imperial Yachts projects, is also involved.
  • Locals have never seen Mr. Khudainatov. Mariangela Canale, owner of the town’s 111-year-old bakery, said she was worried that Portofino would become a place where the homes were mere investments, owned by wealthy people who rarely visited, and the community would lose its soul. “Even the richest residents have always come for a chat or to buy my focaccia bread with their children, or have dinner in the piazza,” she said. “They live with us.”
  • “Everything is under very strict nondisclosure agreements,” Mr. Gey said. “It’s a standard in the industry.”He added, “It’s not like there is something to hide.”
Javier E

Extreme wealth has a deadening effect on the super-rich - and that threatens us all | G... - 0 views

  • Extreme wealth can severely hamper enjoyment. As Michael Mechanic documents in his book, Jackpot, there are two groups of people who have to think about money all the time: the very poor and the very rich. Immense wealth possesses you just as much as you possess it: managing it becomes a full-time job. You don’t know whom to trust; you can start to imagine your friends aren’t friends at all; it can dominate and poison your family relationships. It can hollow you out, socially, intellectually and morally.
  • Great wealth flattens the world. If you can go anywhere and do anything, everything is over the horizon. You speed past the local and the particular, towards an endlessly escalating ideal of luxury: the better marina, the bigger yacht, the private jet, the super-home. The satisfaction horizon can retreat before you. Place has no meaning, other than as a setting that might impress the friends you no longer trust. But anyone who is impressed by money is not worth impressing.
  • I’ve met quite a few very rich people. Some are lively, curious and engaged, but among others I’ve repeatedly noticed the same thing: a dullness of spirit. There’s a sense that nothing is sufficiently stimulating to hold their attention, that they have lost their capacity for wonder
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  • For the fantasy of transcendence, of escape from connection with other lives, we are torching our life-support systems. We consent to the Earth-eating, soul-sucking mode of exploitation we call capitalism because we believe, quite wrongly, that we are all temporarily embarrassed millionaires. One day we too might live the affectless life of the ultra-rich.
  • Just as that boat owner scattered the dolphins, the very rich break up communities, deprive people of housing and threaten, ultimately, to drive us all out of the human climate niche – that is, the temperature range that enables us to flourish.
  • We should seek a wealth of community, of knowledge, of wonder, of life, of love: a wealth that does not impoverish others. We should seek not private luxury, but private sufficiency and public luxury.
  • Democracy, a fair distribution of resources, peace of mind and a habitable planet all depend on restraining the power of the very rich: their noise, their occupation of our common space, and their intrusion into all we hold dear.
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