Quick Picks: SEC Looks to Nail Boards
Quick Picks focuses on a select few of the day’s stories from “Breaking on the Web.”
- A former British resident who claims he was tortured while in secret custody in Morocco will be the first prisoner transferred from Guantanamo Bay by the Obama administration, a source told the Washington Post. The British government has been pressuring U.S. officials to release Binyam Mohammed, an Ethiopian-born man who was arrested in Pakistan in 2002, and arrived at Guantanamo in 2004.
- Securities and Exchange Commission Chairman Mary Schapiro is leading an investigation into the role boards of financial institutions played in the current economic doom, the Washington Post reports. Such boards—which are typically made up of a collection of well-known individuals—signed off on many questionable financial transactions, but so far have received little scrutiny.
Check out more of our roundup of the best investigative stories around the Web.