Word: bogus
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...George H.W. Bush began the liberation of Kuwait in 1991. The yellowcake story was tantalizing to hard-liners because it backed their hunch that Saddam had been trying to acquire the makings of a nuclear weapon. But after an eight-day trip, Wilson concluded that the yellowcake claims were bogus. Throughout the summer of 2002, hard-liners ignored his findings and touted the tale anyway. Tenet and the CIA tried to shoot down the story again last fall as Bush was mobilizing for war. But the President made the charge in his State of the Union speech in January...
Vice President Dick Cheney's office asks the CIA to look into British reports that Saddam Hussein's government attempted to buy uranium from Niger. Agency officials decide to dispatch ex-Ambassador Joseph Wilson to the West African nation; after eight days he returns and calls the intelligence "bogus and unrealistic." The agency sends a memo to the White House on March 9 summarizing Wilson's findings...
...more in keeping with his character than the idea that he gave up on them. The Iraqi dictator was crazy for weapons, fascinated by every new invention--and as a result was easily conned by salesmen and officials offering the latest device. Saddam apparently had high hopes for a bogus product called red mercury, touted as an ingredient for a handheld nuclear device. Large quantities of the gelatinous red liquid were looted from Iraqi stores after the war and are now being offered on the black market...
...week when New York attorney general Eliot Spitzer, who has made a career out of reading Wall Street's dirty email, asserted that "dozens" of "very substantial" fund companies are tolerating practices that rob everyday investors of more than $4 billion a year. Spitzer blew open the lid on bogus stock research last year after uncovering e-mail showing that some analysts didn't believe their own advice. Now he's nailing fund executives who--in their email--gave the O.K. for special treatment in return for large fees...
...last week that 3.3 million Americans found within the past year that their names had been used to open fraudulent bank or credit-card accounts or to commit other crimes. An additional 6.6 million reported that unauthorized purchases had been made on their existing accounts. All told, traffic in bogus or stolen IDs costs consumers and businesses more than $50 billion. What can you do to protect yourself...