Rabbi Milton Balkany Milton Balkany tried to extort $4 million from a Connecticut hedge fund by threatening to expose purported insider trading by the fund, federal authorities say. Reporting from New York — New York’s insular ultra-Orthodox Jewish community collided with the area’s secretive and ultra-wealthy hedge fund industry, leading to the arrest of a politically well-connected... 

Jersey City & Kearny, NJ (TRN Staff) — At a 3:30 PM hearing held yesterday in the Superior Court of New Jersey at 595 Newark Avenue, Jersey City, the Honorable Judge Kevin Callahan ordered that Hal Turner be freed on bail. At about 2:30 AM Tuesday morning, Turner was released from jail after posting $25,000 bail. Turner had been held without bail at the Hudson County Correctional Center in... 

A New York City judge has spared an 85-year-old former U.S. Army engineer any prison time but fined him $50,000 for passing classified documents to the Israelis in the 1970s and ’80s. Federal Judge William Pauley told Ben-ami Kadish he had committed a grave offense but noted the government had dramatically reduced the charge against him. In December, the Monroe Township, N.J., man admitted passing... 

Proposition 8, which bans same-sex marriage in California, faced a constitutionality test but was upheld. California’s highest court upheld a voter-approved ban on same-sex marriages Tuesday but allowed about 18,000 unions performed before the ban to remain valid. Supporters of November ballot initiative Proposition 8 hailed the ruling, but about 1,000 advocates of same-sex marriages who gathered... 

‘It appears that being white not only is no longer an advantage, but is now a liability’ Thanks to a group of disgruntled firemen, the question of what it means to be white is back in the news. By late June, the Supreme Court will decide whether the city of New Haven, Connecticut was right to throw out the results of a promotions test for lieutenant and captain only because the top scorers were...