Word: crimeeds
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Insider trading hasn't always been a crime. On the contrary, it was once considered logical and efficient to let any competitive advantage inform decision-making in the free market - a position many economic libertarians continue to embrace today. What some consider to be America's first insider-trading scandal took place shortly after the nation's birth; a former Assistant Treasury Secretary named William Duer capitalized on his government connections to make bets on the country's debt. His investments eventually soured, however, and Duer's bankruptcy brought down much of New York's economy in 1792; he died...
...Cockburns outline how disturbingly far-reaching the consequences of the financial crisis—both direct and indirect—have become. High rates of foreclosure, repossession of property, and declarations of bankruptcy in minority communities lead to the increasing devastation of American neighborhoods, creating a thriving environment for crime and drugs. People then leave such neighborhoods in droves, draining the community’s equity and decreasing investors’ interest...
...feeling that the governing entities were so corrupt that only someone completely out of touch with normalcy could imagine the mere possibility of such wrongdoing. The novel leaves behind a sense of injustice that resonates well beyond the incidents of his characters and brings to light a story of crime outright that has long been overlooked...
...pleaded guilty to misdemeanor ethics violations committed while serving as corrections commissioner; Kerik admitted accepting $165,000 in renovations to his Bronx apartment from a company accused of having ties to organized crime that sought city business. He paid $221,000 in fines, and under orders from Mayor Mike Bloomberg, his name was removed from the Bernard B. Kerik Complex, a Manhattan jail, which reverted to its original name, the Manhattan Detention Complex...
...opposition Hasan had toward the wars could have deepened because of his constant contact with soldiers suffering from PTSD, that 2008 Army study suggested. More broadly, an Army study released in July found that major crimes have been on the rise at U.S. Army bases since 2003. It noted that crime rates - and mental illnesses - are rising with increased deployments and casualties...