Did Preet Bharara make $4 billion for the federal government last year?
He seems to think so. As U.S. attorney in Manhattan, he runs an office that collected almost $4 billion in asset forfeitures in the 13 months that ended with January 2014, the Wall Street Journal reports. Almost half of that came from JPMorganChase, which forfeited $1.7 billion for not being a good enough cop in the Bernie Madoff case. (JPMorganChase is a bank, not a cop, but that’s another matter.) A smaller chunk came from SAC Capital, which was enmeshed in an insider-trading case; still smaller amounts came from other people.
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Atlas Society at this weekend's International Students for Liberty Conference 
This weekend, The Atlas Society will be hosting a variety of breakout sessions and lectures at the very popular
2014 International Students For Liberty Conference and manning a literature table as well.
David Kelley will speak on "
Individualism." Ed Hudgins will hold a breakout session on
"Restoring Political Liberty With Objectivist Morality." And Will Thomas will speak on "
Myths about Ayn Rand and Objectivism." In addition, Thomas has been asked to participate in a panel discussion on "Ayn Rand and Jesus." Staff members Laurie Rice and Aaron Rainwater will also be participating in this exciting conference.
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The Meaning of the IRS's Loss
By Alexander R. Cohen
A little more than a year ago, this blog noted that the Institute for Justice had won a victory over the Internal Revenue Service. The federal district court in Washington, D.C., had struck down the IRS’s attempt to regulate people who prepare tax returns. But
the federal government appealed.
This week, IJ won again. It defeated the government’s appeal of that victory. The government may yet appeal to the Supreme Court.
Like the lower court’s ruling, the D.C. Circuit’s opinion is something less than a ringing affirmation of an individual’s right to do business without permission.
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