Word: fraude
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...unheated jail cell the size of three tatami mats. On Jan. 23, a week after investigators from the Tokyo District Court Public Prosecutor's Office raided the headquarters of Livedoor, the Internet company Horie founded a decade ago, he and three other executives were arrested on suspicion of securities fraud. The 33-year-old tycoon has since resigned as CEO, leaving his company in disarray, its stock down 80% since the raid. The question now: Will the rough-and-tumble style of capitalism that Horie pioneered be another, more far-reaching casualty of this debacle...
...feel now that the author of an investigative story in L.A. Weekly believes that Nasdijj is a fraud and actually a white writer named Timothy Barrus? Vindicated? Well, sure. I dream of leaving "I told you so" messages on many voice mails, although unlike James Frey's publisher, who initially supported his lies and moral evasions about his exaggerated memoir, A Million Little Pieces, Nasdijj's publisher dropped him because of personality conflicts even before the L.A. Weekly story came out. Of course, Frey has sold millions of books and will probably sell a few million more. Nasdijj hasn...
...Frey back onto her show and called him a liar. When was the last time a public figure like Oprah admitted to being wrong? When was the last time a powerful person like Oprah issued a genuine public apology? I think all the people who profited from Nasdijj's fraud should take heed of that lesson and issue public apologies to Native Americans in general and to Navajo in particular. And I hope we won't be waiting for that apology as long as the rivers flow, the grasses grow and the winds blow...
...Hwang's fraud?investigators ruled that his claims to have cloned human embryos and derived stem cells from them were baseless?reminded the world that the scientific method could be perverted by nationalism or the drive for publicity and glory. Not that the cynics needed reminding. A survey of 3,247 scientists published last June by the University of Minnesota and HealthPartners Research Foundation reported that up to a third of the respondents had engaged in ethically dubious practices. But thanks to the international scope of Hwang's scandal, the public's faith in science?rarely unconditional even in times...
...name Enron may now be synonymous with lost jobs, ruined retirements and galling corporate fraud. But the company--whose former CEOs Kenneth Lay and Jeffrey Skilling go on trial in Houston next week--also left a legacy of bright ideas. Here are three we can (grudgingly) thank...