Word: bernard
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...federal courtroom erupted in shrieks and loud applause as Judge Denny Chin sentenced disgraced financier Bernard Madoff to 150 years in prison on Monday. In his decision, the judge dismissed Madoff's lawyer's plea for a lighter sentence of 12 years and disputed suggestions that the victims in the fraud were seeking mob vengeance. "The fraud here was staggering" and losses from the scam "off the chart," he said, justifying a sentence that sends a message...
Before he joined the group of operatives that broke into the Democratic National Committee office at Washington's Watergate apartment complex, CIA agent Bernard Barker, 92, helped recruit Cuban exiles to support the ill-fated 1961 Bay of Pigs invasion...
...Breen's case was not the first time that a reporter in Northern Ireland had locked horns with the police over their sources. In 1971, as the province entered the bloodiest period of its 25-year sectarian conflict, BBC reporter Bernard Falk was jailed for refusing to provide the police with details of an interview he carried out with an IRA spokesman. Over twenty years later, journalist Ed Moloney published a controversial interview with a member of a Protestant paramilitary group (and police informer) who had been accused of the murder of a Catholic solicitor. The paramilitary-turned-informer told...
Lefebvre's successor, Monsignor Bernard Fellay, has defended the new ordinations, noting that his group and the Catholic Church as a whole need new priests. But Gerhard Müller, the bishop of Regensburg, the official Catholic diocese with oversight of the German ordinations, recently stated that without Vatican permission the new priests and the ordaining bishop could be excommunicated. The Vatican released a statement Wednesday that the ordinations "must be considered illegitimate," though no mention was made of excommunication. The brief note from the Holy See also referred to the Pope's letter to bishops in March that outlined...
...state of luxury overall, a business that is structured on a pyramid model wherein companies invest in the high-end image of a brand that will generate profits at the lower end of the price spectrum. Lacroix, who launched his label in 1987 with the financial backing of Bernard Arnault, chief of the mighty LVMH Moët Hennessy Louis Vuitton, is a product of a 20-year creative and business cycle that has come crashing down with the recent global financial crisis. Despite his enormous creativity and influence on fashion, Lacroix could never turn a profit. Many...