Word: fraud
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...obviously has a very tough act to follow, in more ways than one. "In the short term, he did wonders for the U.S. economy, but now we are saddled with the bill," says Ravi Batra, an economist at Southern Methodist University and author of a new polemic, Greenspan's Fraud: How Two Decades of His Policies Have Undermined the Global Economy. That's a harsh verdict. But if Alan Greenspan misses the universal acclaim he once enjoyed, he may have only himself to blame. It was Greenspan, after all, who famously warned about the perils of irrational exuberance...
...multibillion-dollar back-tax claims that its erstwhile owners say were part of a Kremlin campaign against them. A Moscow court is expected to deliver its verdict this week on Mikhail Khodorkovsky, the former Yukos chief executive and a major shareholder, who has stood trial on multiple charges of fraud and tax evasion and could face up to 10 years in jail if convicted...
...Development (HIID) meant to help rebuild the Russian economy. The program was under the leadership of Jones Professor of Economics Andrei Shleifer ’82, who is now under investigation for allegedly making personal investments in the Russian economy while advising the Russian government. Harvard was absolved of fraud charges in June, but could still face damages of up to $34.8 million in connection with the grant...
...rogue undone by his few fleeting moments of trust and devotion. A former male prostitute, he becomes infatuated with a blond boy as pretty and venal as he used to be. Cutler knows that he is being used. Even so, his sexual itch drives him to theft, fraud and murder. Each crime makes him more subject to blackmail. The tale moves toward its climax with a mounting sense of catastrophe, but who will destroy whom, and how, remains uncertain until the final pages. Hansen writes as ably as anyone in the genre about the consequences of lust and yearning...
Five years ago, Quiwonkpa helped Doe seize power in a bloody coup against President William Tolbert. But the young President distrusted his former comrade and dismissed him from his army post. Last month presidential elections were held; despite widespread reports of voting fraud, Doe imperiously declared himself the winner. At week's end the President announced that Quiwonkpa had been spotted near the radio station and shot dead. Quiwonkpa's bullet-riddled body was displayed at the army barracks where he once had an office. NICARAGUA Beyond the Diplomatic Pale...