Word: corrupts
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Golenbock's year-long investigation of the Wolfpack has left him jaded and furious with the corrupt N.C. State hoops program, and he vents his anger in his introduction--an attack on the materialistic, win-at-all-costs American value system that projects crack dealers and inside traders as the heroes of the 1980s...
Frank is also suffering from an American obsession with sexual controversy. House Member Joseph P. McDade (R-Pa.), a powerful Republican on the Appropriations Committee, is now under fire for allegedly taking illegal contributions from a corrupt defense firm, and then channeling to the firm millions in taxpayer dollars...
...Sarney is caught between conflicting, and sometimes violent, forces within his nation. On one side are the settlers and developers, often backed by corrupt politicians, who are razing the forests to lay claim to the land. On the other are hundreds of fledgling conservation groups, along with the Indian tribes and rubber tappers whose way of life will be destroyed if the forests disappear. The clash has already produced the world's most celebrated environmental martyr, Chico Mendes, a leader of the rubber tappers who was murdered for trying to stand in the way of ranchers...
When Congress adopted an obscure antiracketeering law in 1970, it seemed to target a particular kind of criminal: the old-school gangster wearing a fedora and a bulging shoulder holster. Nowadays, however, when federal prosecutors trigger the Racketeer Influenced and Corrupt Organizations Act, their sights are often set on a very different sort of defendant: a wealthy professional in designer pinstripes and Gucci loafers. In the nearly 20 years of its existence, RICO has evolved beyond its Mob-busting origins to become a powerful legal weapon against the upper reaches of white-collar crime. And because of its broad civil...
...well last week. A Manhattan jury convicted five executives of Princeton/Newport Partners and a former trader for Drexel Burnham Lambert of 63 felony counts stemming from illegal stock-trading schemes. They were fined a total of $3.8 million. The case marked the first time the Racketeer Influenced and Corrupt Organizations Act has been used against Wall Street executives, and thus lays the groundwork for the Government's prosecution of junk-bond king Michael Milken, formerly of Drexel. Since Drexel was Princeton/Newport's main partner in the illegal trades, evidence from the trial is likely to be used again, against Milken...