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Scott Rothstein is your typical South Florida wannabe. Obnoxiously flamboyant by most accounts, the Bronx-born Fort Lauderdale attorney had to have the flashiest Rolexes (so he bought a local boutique watch shop), the most houses (luxury mansions and condos from Manhattan to Morocco), the hottest cars (Rolls-Royce, Lamborghini) and the coolest yacht (an 87-footer). He had to leave the heftiest tips, usually at the upscale restaurants he co-owned, and schmooze the most powerful politicians - like Florida Governor Charlie Crist, for whom Rothstein bought a $52,000 cake, as a contribution to the state's Republican Party...

Author: /time Magazine | Title: Florida's Mini-Madoff: Scott Rothstein's Fall | 1/18/2010 | See Source »

...financier Bernard Madoff's recent $50 billion Ponzi con, but the Mini-Madoff scheme has slapped the Sunshine State, already reeling from myriad corruption scandals of late, with one of its darkest stains in decades. "So many frauds have been committed here recently," says William Scherer, a Fort Lauderdale attorney representing some of Rothstein's alleged victims. "But Scott's audacity is one of a kind." (See the top 10 crime stories...

Author: /time Magazine | Title: Florida's Mini-Madoff: Scott Rothstein's Fall | 1/18/2010 | See Source »

...days before his death, Rosenberg, a divorced corporate attorney, was depressed over the killings of one of his clients and his client's daughter, with whom he was in a long-term relationship, a family member said. A Harvard- and Oxford-educated lawyer, Rosenberg represented coffee baron Khalil Musa. Musa and his daughter Marjorie were shot to death in front of a Guatemala City shopping center in April...

Author: /time Magazine | Title: The Guatemalan Who Ordered His Own Murder | 1/14/2010 | See Source »

...Monday, New York Attorney General Andrew Cuomo asked eight large banks to turn over data on their expected 2009 bonus payouts. President Barack Obama is considering leveling a fee on financial firms to help the government recoup the costs of last year's bank and auto bailouts. FDIC officials, too, are considering charging banks that pay a large portion of their executive compensation in bonuses a higher fee for its deposit insurance. The U.K. recently adopted a 50% tax on bank bonuses.(See the worst business deals...

Author: /time Magazine | Title: Goldman Tries to Put a Halo on Bonuses | 1/13/2010 | See Source »

Momentum in the special election to fill Ted Kennedy's Senate seat seems to be swinging back to the Democratic candidate, Massachusetts attorney general Martha Coakley, after a public policy poll over the weekend showed Republican state senator Scott Brown pulling slightly ahead. (Read "The Kennedy Succession: The Coming Scramble...

Author: /time Magazine | Title: Could the Democrats Lose Kennedy's Senate Seat? | 1/12/2010 | See Source »

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