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Devon Archer was convicted of defrauding the Oglala Sioux Indian tribe out of bond-sale proceeds. Hunter Biden was not implicated in the scheme, which defrauded the Oglala Sioux Indian tribe out of the proceeds of bond sales. | Pablo Martinez Monsivais, File/AP Photo A federal appeals court reinstated the fraud conviction of Hunter Biden’s former business partner on Wednesday, reversing a lower court judge who had granted his request for a retrial. Hunter Biden was not implicated in the scheme, which defrauded the Oglala Sioux Indian tribe out of the proceeds of bond sales. But the scheme was committed under...

SACRAMENTO (AP) - Gov. Arnold Schwarzenegger's plan to sell $929 million in bonds to cover the state's pension obligation this year violates constitutional mandates that voters approve all big loans, according to a lawsuit filed Thursday. The governor and the Legislature included the bonds in this year's budget as one of several loans the state took out to help close a funding gap that was once estimated at $17 billion. The move was made even though a similar pension obligation bond proposed last year by former Gov. Gray Davis was struck down by a state judge as unconstitutional. Attorney Harold...

Already under a barrage of criticism for allegedly "shaking down" U.S. corporations, the Rev. Jesse Jackson recently fired off a letter to corporate giant General Electric (GE), chastising the company for not including more minority firms in its recent multibillion-dollar bond sale. Jackson also provided a list of firms he referred to as "members" of his organization. CNSNews.com obtained a copy of the letter, which was authenticated by a spokeswoman for Jackson's Rainbow/PUSH coalition. The unsigned letter, addressed to GE Chairman and Chief Executive Officer (CEO) Jeffrey R. Immelt, was dated March 14, one day after GE's $11 billion...