Word: corpe
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...DETAINED. Chao Chien-ming, 34, son-in-law of embattled Taiwan President Chen Shui-bian; on suspicion of insider trading; in Taipei. Prosecutors say that Chao, who denies the allegations, used privileged information to make more than $10 million by investing in troubled Taiwan Development Corp. shortly before its shares shot up 800%. Recent scandals involving family and associates have driven Chen's approval rating to record lows, prompting opposition politicians to demand his resignation; members of his own party have expressed concern that his woes might hurt the party in upcoming elections...
...Next came Snow, the former CSX Corp. executive. His tenure has been in some ways just as anticlimactic as O'Neill's, while perhaps inspiring even less confidence. He had a tendency early on to say things that spooked the markets, leading some on Wall Street and on K Street to wonder whether he understood them. When the economy flagged a bit, Snow was a less than inspiring presence on TV. And by the time the first term ended, White House officials were leaking widely that he too would soon be going - so widely that Bush decided...
...smell of a Richard Scrushy effort," says Mizzou alum Thomas Battistoni, a New York litigator who until recently sat on an alumni board for the MU College of Arts and Science, overseers of the economics department - and hence the chair. Scrushy, the former head of HealthSouth Corp., poured over $700,000 into Birmingham, Ala., churches and ministries during his felony trial in 2004, a coincidence noted with more than a little skepticism by his prosecutors. (Scrushy was acquitted). Battistoni raises similar questions about Lay?s attempt to divert the money to charities in the fall before his trial started...
...Coming The question at the heart of the fraud trial of Enron Corp. founder Kenneth Lay and former CEO Jeffrey Skilling involves the men's awareness of Enron's accounting and financial manipulations?a minefield that Sherron Watkins, one of TIME's 2003 Persons of the Year, recognized long before the company collapsed...
...unlikely to have many unfulfilled needs in the future. The couple signed no prenuptial agreement. McCartney's fortune, based on his part-ownership of Apple Corp., which owns the Beatles brand, as well as song royalties and his active touring career, is estimated at over $1.5 billion, and rising. "Over the years, the British courts have come closer to an equal division of assets" between divorcing couples, says Anthony Burton, a partner at solicitors Simons Muirhead & Burton in London. In this case, despite the relatively short (four-year) marriage and the fact that McCartney had accumulated most of his wealth...