Tuesday, June 1, 2010

Raising the White Flag in California

We hope all our readers had a great Memorial Day Weekend. We were at Dewey Beach, the nation's summer capital, when this news broke on Saturday.

The Rove Republican Racket raised a white flag on a story we've been following since last year.

The Associated Press reports:
Federal prosecutors said Friday they won't appeal the dismissal of criminal charges against the founders of high-tech chipmaker Broadcom, ending an embarrassing chapter for the government during which a judge blasted prosecutors for "shameful" misconduct and a lack of evidence. The government decided not to appeal the cases against Henry T. Nicholas III and Henry Samueli, U.S. attorney's spokesman Thom Mrozek said. Prosecutors also withdrew their appeal of U.S. District Judge Cormac Carney's dismissal of former Broadcom human resources director Nancy Tullos' guilty plea to obstruction of justice. The announcement wipes away the last vestiges of a massive and high-profile criminal and civil prosecution of Broadcom's top leadership on allegations of stock option backdating that fell apart under judicial scrutiny.

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