Word: attorney
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...Trade Representative Ron Kirk's failure to count as income speaking fees that he subsequently donated to charity - are being made public. "This is a new procedure on [the Senate's] part," complains one official, "and it has created an incredible anxiety on tax issues." Adds a prominent tax attorney who has experience in the confirmation process: "In the past, if something like that happened, an amended return would show up a couple of days later, and that would be it. It wouldn't be the public torture that is going on today." (Both sources - like pretty much everyone else...
...wined, dined and courted by congressional leaders and Presidents - nearly all Republican - and backed by a large lobbying apparatus in Washington. He will appear not as a genius of finance but as the deposed chairman of a defamed colossus who still faces a civil lawsuit by the New York attorney general's office over accounting issues...
...cash payments to CDS [credit-default swap] counterparties should never have occurred," Greenberg told a House oversight committee. Greenberg is not alone is raising questions about profits that financial firms have been making on the unwinding of AIG's derivative bets. Last week New York attorney general Andrew Cuomo said he was looking into AIG's trading records to examine whether the payments the company made to other financial firms were improper. (Read "How to Know When the Economy Is Turning...
...years. "Now they are going to bring equity to the system," he says. However, some prosecutors believe the 2004 reforms were enough and no further reforms are needed. "There is no question you'll get more second and third time offenders," says Michael C. Green, Monroe County District Attorney. "The option is being taken away to potentially jail an offender who has committed prior violent felonies." Green cited statistics that showed the state's drug incarceration rate dropping to about 11,000 last year as a result of the 2004 reforms and says it's even a misnomer to call...
...seen its number of shoppers fall some 30% this year, according to Ageyeva, the buyer. But Lilya Bondarchuk, a manager at the Jil Sander store in GUM, says that "clients joke about the crisis and ask each other if they have noticed it yet." Natalya Batalova, a corporate attorney who shops at GUM every few months, says she hasn't felt the crisis so far. "I don't know what it is," she says with a laugh as she walks down one of the mall's softly glowing arcades in a black fur coat and chic diamond earrings, with...