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Word: fraude (lookup in dictionary) (lookup stats)
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...Congress, once elected Governor and twice imprisoned, this upstart Irishman was the model for the protagonist of Edwin O'Connor's political novel, The Last Hurrah. But Curley's career was as checkered as it was successful. During his 1945 mayoral campaign, Curley was under indictment for mail fraud, based on a $60,000 favor he had done while in Congress. Curley won the election, was convicted of the charges and drew his mayoral salary for five months while in jail. When he was released in 1947, the people of Boston greeted him with a band and motorcade--suitable...

Author: By Michael J. Bonin, | Title: From Curley to Kennedy | 10/13/1988 | See Source »

With good reason. Insider-trading scandals, capped by this month's sweeping fraud charges against the investment firm Drexel Burnham Lambert, have convinced small investors that the Wall Street game is best played by the well-connected. Faced with the market's volatility in the past year, intensified by program trading, these investors fear getting caught up in avalanches beyond their control. At the same time, rising interest rates are attracting them to secure, fixed-income investments, typically bank certificates of deposit and Treasury bonds. The small-timers' absence from the stock market is dampening the averages and reducing business...

Author: /time Magazine | Title: Buy Stocks? No Way! | 9/26/1988 | See Source »

...bond wizard was recovering, he explained, from knee surgery to remove cartilage he had torn in a backyard basketball game at his suburban Los Angeles home. Looking tanned and relaxed, Milken did not know that he was minutes away from being slammed with one of the most sweeping stock-fraud lawsuits in Wall Street history...

Author: /time Magazine | Title: Throwing The Book At Drexel | 9/19/1988 | See Source »

...case could be a turning point in the fortunes of Wall Street's most go- getter firm, the financing machine that drove much of the corporate raiding of the roaring 1980s. The complaint charged Milken and Drexel with a whole catalog of offenses, including fraud against the firm's own clients, insider trading, the "parking" of stocks to conceal their true ownership, and the destruction of accounting records to cover up the transgressions...

Author: /time Magazine | Title: Throwing The Book At Drexel | 9/19/1988 | See Source »

...Government files stock-fraud charges against Drexel Burnham. -- Gold among the thrift ruins. -- Turning patter into profits...

Author: /time Magazine | Title: Time Magazine Contents Page: Sep.19, 1988 | 9/19/1988 | See Source »

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