Word: fraude
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...Eighties, Michael Milken pioneered the $200 billion junk-bond market that powered the decade's epic takeover wars. But last week a hounded and weary Milken, who had vowed to fight a 98-count indictment that the Government brought against him last year, agreed to settle the largest securities-fraud case in U.S. history. Faced with the threat of expanded new charges, the former head of Drexel Burnham Lambert's junk-bond department struck a tentative deal to plead guilty to six criminal counts and pay a $600 million penalty. Milken, who earned $550 million from Drexel in 1987, would...
...plea bargain capped months of rumors that the Government was ready to expand an indictment already laden with charges of racketeering, securities fraud and insider trading. Prosecutors had given Milken until last Friday to settle the case or face the new charges. Under terms of the agreement, Milken is to plead guilty only to securities-fraud violations, which carry lesser prison sentences than his earlier charges...
...this enough to rewrite history? Was Einstein a fraud or just a lousy husband? Would that we could decide. Consider the psychohistorical fun scholars could have with the implications that a woman discovered relativity -- does it have anything to do with the traditional female emphasis on relationships and distrust of male absolutes? The Einstein experts are unconvinced. At worst, they say, Einstein was a lousy husband. The fact is that we will never know; Albert and Mileva have fallen into some Pynchonesque black hole of history that claims the dead. The longer we think about them, the more uncertain everything...
...contained such a web of insider-enriching transactions. Stockholders of DEG, who saw their shares plummet from a peak of $19 to less than 40 cents, have responded with fiery class-action lawsuits. At the same time, DEG is suing De Laurentiis for $50 million, accusing its founder of fraud, misrepresentation and self-dealing...
Opponents of the agreement charged that was theresult of voter fraud...