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Chairman of major law firm resigns after Epstein emails become public

Kraig Pakulski 0 22 Article rating: No rating

By Aleena Fayaz, CNN

(CNN) — Brad Karp, the chairman of Paul Weiss, one of the most prominent corporate law firms in the country, abruptly resigned from his post Wednesday after newly released Jeffrey Epstein files revealed his email exchanges with the convicted sex offender, though he will remain at the firm.

“Leading Paul, Weiss for the past 18 years has been the honor of my professional life. Recent reporting has created a distraction and has placed a focus on me that is not in the best interests of the firm,” Karp said in a statement Wednesday evening.

Karp was appointed chairman of Paul Weiss nearly two decades ago and “will continue to focus his full-time attention to client service at the firm,” according to a statement the firm gave CNN. Paul Weiss announced Scott Barshay has taken over as chairman.

Emails released by the Justice Department last week show that Karp and Epstein maintained communications as recently as 2019, the year Epstein died.

On July 22, 2015, Karp in an email profusely thanked Epstein for hosting him for an evening he called “once in a lifetime.”

Karp wrote, “Jeffrey, I can’t thank you enough for including me in an evening I’ll never forget. It was truly ‘once in a lifetime’ in every way, though I hope to be invited again. You are an extraordinary host – and your home….!!! Thanks, again. See you soon. Brad”

Epstein replied, “you are always welcome. . there are many many nights of unique talents. you will be invited often”

The Wall Street Journal first reported Karp’s resignation. A spokesperson for the firm, fully named Paul, Weiss, Rifkind, Wharton & Garrison LLP, previously told the paper, “Mr. Karp never witnessed or participated in any misconduct. Mr. Karp attended two group dinners in New York City and had a small number of social interactions by email, all of which he regrets.”

In June 2016, Karp asked Epstein if he could help get his son a job on an upcoming Woody Allen film.

Karp wrote that his son “would love to work, in any capacity, with Woody on his upcoming film project, if that’s a possibility. He certainly doesn’t need to be paid and he’s a really good, talented kid. Thanks so much. Brad”

Epstein replied, “i will ask, of course. can you tell me what role he would like to fill , i know little about the movies”

Karp made headlines last March after meeting with President Donald Trump and reaching a deal for the president to rescind his executive order that suspended security clearances for lawyers and staff at the law firm.

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La tormenta de Epstein podría derrocar a un líder mundial, pero no será Trump

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Análisis por Stephen Collinson, CNN

El primer ministro del Reino Unido, Keir Starmer, nunca estuvo involucrado con Jeffrey Epstein, pero corre grave peligro de perder su trabajo por culpa del delincuente sexual convicto.

Sin embargo, el presidente Donald Trump —cuyo nombre aparece en algunos archivos de investigación sobre el financiero caído en desgracia— no tiene tales preocupaciones.

Mientras la crisis política se profundiza en el lado oriental del Atlántico, las víctimas de Epstein luchan contra la inercia en Washington al tiempo que buscan justicia.

Esta discrepancia refleja la relativa fuerza política de Trump y la posible debilidad existencial de Starmer.

La situación demuestra que, si bien las instituciones políticas británicas dedicadas a la rendición de cuentas y la investigación están funcionando, el control de Trump del Departamento de Justicia y su dominio sobre el Congreso republicano lo protegen del escrutinio crítico.

Pero, sobre todo, los tentáculos globales de los archivos de Epstein —que ahora también alcanzan a Noruega y Polonia— subrayan la enorme huella de un escándalo que continúa propagándose casi siete años después de la muerte de su protagonista.

No es solo Starmer quien está sintiendo la presión.

La indignación pública por los vínculos con Epstein es tan aguda en el Reino Unido que el rey Carlos III ha despojado a su propio hermano y amigo de Epstein, el expríncipe Andrés, de sus títulos reales y lo ha obligado a abandonar su logia en la finca del Castillo de Windsor.

En Estados Unidos no ha habido una defenestración equivalente para nadie que tenga vínculos con Epstein, quien según los investigadores murió por suicidio en prisión en 2019 antes de enfrentar un juicio por tráfico sexual y abuso de niñas menores de edad.

La figura más destacada que enfrenta represalias por su amistad con Epstein podría ser el exsecretario del Tesoro Larry Summers.

El expresidente de la Universidad de Harvard se retractó de sus compromisos públicos el año pasado, afirmando estar “profundamente avergonzado” después de que correos electrónicos con Epstein lo mostraran haciendo comentarios sexistas y pidiéndole consejos románticos.

Mientras tanto, Trump está haciendo su último intento por dejar atrás el furor después de que el Departamento de Justicia insistiera en que no habrá más procesamientos.

No hay evidencia de ninguna irregularidad por parte de Trump, y las autoridades no han presentado cargos contra él ni contra ninguna otra persona mencionada en los archivos recientemente publicados.

Si bien algunas de las referencias a Trump en los archivos de Epstein son benignas, otras incluyen acusaciones de agresión sexual no verificadas recientemente reveladas en su contra, así como nuevos detalles sobre cómo algunas de las víctimas de Epstein describieron sus interacciones con el futuro presidente.

Pero Trump le dijo a Kaitlan Collins de CNN esta semana: “Realmente es hora de que el país se dedique a otra cosa”.

¡Cómo debe desear Starmer que esto pudiera suceder en el Reino Unido!

Su puesto como primer ministro pendía de un hilo el jueves por la mañana después de que una revuelta de diputados de su Partido Laborista dañara aún más la operación del número 10 de Downing Street, que va dando tumbos de una crisis a otra.

El primer ministro se vio obligado a admitir durante una acalorada sesión de preguntas el miércoles que sabía de la amistad entre el exministro del gabinete Peter Mandelson y Epstein, pero aún así lo nombró embajador en Washington.

Starmer despidió a Mandelson el año pasado después de una divulgación anterior de archivos de Epstein que mostraban que seguía apoyando a su amigo incluso después de ser condenado por delitos sexuales en Florida en 2008.

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UPDATE: Three Arrested in Carpinteria Cannabis Burglary; Handgun Recovered After Vehicle Overturns

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Three suspects are in custody following a frantic early-morning burglary at a Carpinteria cannabis farm that led to a multi-agency manhunt, two vehicle crashes, and a temporary shelter-in-place order for […]

The post UPDATE: Three Arrested in Carpinteria Cannabis Burglary; Handgun Recovered After Vehicle Overturns appeared first on edhat.

This year’s Olympic medals are worth more than ever

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By Hanna Ziady, CNN

London (CNN) — Athletes on the podium at the Winter Olympics in Italy this month will be awarded the most expensive medals in the history of the Games, thanks to soaring precious metals prices.

More than 700 gold, silver and bronze medals will be presented to the world’s top winter sports athletes taking part in events from skiing and ice hockey to figure skating and curling.

And while the sentimental value immeasurable, in pure cash terms, those medals will be worth more than ever before. Since the Olympic Games in Paris in July 2024, the spot prices of gold and silver have skyrocketed some 107% and 200%, respectively, according to FactSet data.

Those eye-popping gains mean that, based on the metals prices alone, gold medals are now worth around $2,300, more than double their value at the Paris Olympics. Second-place silver medals are worth almost $1,400, or three times their value two years ago.

Demand from retail investors has partly driven silver’s surge. Gold prices climbed after major central banks added to their reserves and investors rushed to buy the traditional safe-haven asset amid global political turmoil.

Worth more than their weight in gold

Winners will receive medals crafted from recycled metal by the Italian State Mint and Polygraphic Institute. But not all that glitters is, in fact, gold.

In a gold medal, only six grams out of a total of 506 grams (16 troy ounces) is pure gold. The rest is made from silver. Bronze medals are made from copper and, at a weight of 420 grams (15 ounces), are worth only about $5.60 a piece, according to data published by the event organizers. (A troy ounce is around 10% heavier than a regular ounce.)

Olympic gold medals have not been made from pure gold since the 1912 Olympic Games in Stockholm, Sweden, according to London-based auction house Baldwin’s. The value of those medals, which weighed just 26 grams (0.8 troy ounces), would have been less than $20 based on the gold price at the time. Adjusted for US Consumer Price Inflation, the figure is closer to $530 in today’s terms.

However, as collectors’ items, Olympic medals can sell for far more than their monetary value, said Dominic Chorney, head of ancient coins at Baldwin’s.

In 2015, Baldwin’s sold a gold medal from the 1912 Stockholm Olympics for £19,000 ($26,000), he told CNN.

The following year, the auctioneers sold a bronze participants medal from the 1920 Antwerp Olympics for £640 ($875).

That medal had “no intrinsic value,” but was coveted simply because it was associated with the world’s most famous sporting event, added Chorney.

Most Olympic medals will never go on sale, however. “Relatively few Olympians sell their medals, because they cherish them,” he said.

Notwithstanding wild swings in recent days, gold and silver prices could push the financial value of Olympic medals higher still. Demand for the precious metals is likely to remain strong given ongoing geopolitical uncertainty and growing go

Fears of nuclear arms race rise as US-Russia treaty expires

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By Jennifer Hansler, Kylie Atwood, CNN

(CNN) — The expiration of the last remaining nuclear treaty between the United States and Russia on Thursday has sparked fears about a nuclear arms race, with the two biggest nuclear superpowers without limits on their arsenals for the first time in decades.

“The worst case is it spirals and then some unforeseen or foreseeable incident touches off a conflict that escalates rapidly to a nuclear conflict,” said Thomas Countryman, a former acting undersecretary of state for arms control and international security.

Though some experts argue the limitations of the New START treaty were outdated and unnecessarily constrained the US, especially when China is looking to expand its nuclear arsenal.

The landmark treaty went into force in February 2011. It capped both countries at 1,550 deployed nuclear warheads; 700 deployed intercontinental ballistic missiles, submarine-launched ballistic missiles and heavy bombers equipped to transport nuclear weapons; and 800 “deployed and non-deployed” launchers. It put limits on Russian intercontinental nuclear weapons that could reach the US.

But critics of the treaty, including President Donald Trump, pointed out it did not cover China, which is rapidly expanding its nuclear arsenal and could have some 1,500 nuclear warheads by 2035 if they continue to expand their stockpile at the current pace, according to a Pentagon report from 2022.

The treaty was originally in place for 10 years. In 2021, the US and Russia agreed to extend it for another five years, through February 4, 2026.

The agreement was not eligible to be extended again, but the two countries could agree to continue to adhere to the caps outlined in the treaty. Concerns over the future of arms control – which the US and Russia have worked on together for decades – comes as Trump also vowed last year that the US would resume nuclear testing, but there has been no movement towards that end.

Last September, Russian President Vladimir Putin proposed doing so for another year. At the time, Trump said the proposal “sounds like a good idea to me.”

However, Trump in recent weeks has expressed little concern about the lapse, telling the New York Times, “If it expires, it expires. We’ll do a better agreement.”

And on Wednesday, Secretary of State Marco Rubio suggested that the US would not agree to maintain the limits of the treaty, citing Trump’s call for a nuclear deal between the US, Russia and China.

“The president has been clear in the past that in order to have true arms control in the 21st century, it’s impossible to do something that doesn’t include China because of their vast and rapidly growing stockpile,” he said.

Beijing has consistently rebuffed the idea of trilateral negotiations both privately and publicly.

‘Erroneous and regrettable’

Russia’s Foreign Ministry on Wednesday said they had received no answer from the Trump administration and that public comments from the US government indicate “that our ideas have been deliberately left unanswered.”

“This approach seems erroneous and regrettable,” the statement said.

The foreign ministry said that “in the current circumstances,” they assume the two countries “are no longer bound by any obligations or symmetrical declarations in the context of the Treaty, including its core provisions, and are in principle free to choose their next steps.”

Asked about the statement, a Trump administration official told CNN, “President Trump has spoken repeatedly of addressing the threat nuclear weapons pose to the world and indicated that he would like to keep limits on nuclear weap

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