Word: fraude
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...hard evidence has yet surfaced that Whoops' board members and managers over the years are guilty of deliberate fraud or corruption. But they are collectively to blame for bad judgment and bureaucratic bungling on an unprecedented, almost unimaginable, scale. Concludes Washington Governor John Spellman: "Good-faith people made poor decisions." Those decisions were accepted by the merchants of Wall Street, who gladly peddled more and more Whoops paper...
Jody Powell, writing in the Dallas Times Herald, puts the blame for the rise of onion fraud partly on the Carter Administration: "It started in 1977 when we Georgians descended on Washington and were overheard whispering at embassy receptions, state dinners and Cabinet meetings about suppliers, shipments and prospects for the year's crop. This attracted the attention of gossip columnists and other riffraff. Soon Vidalias were appearing on the shelves of the Georgetown Safeway, the supermarket of the elite where you're embarrassed to shop if you're not wearing tennis togs or jodhpurs, depending...
...keeping CBS in first place in network news. Perhaps that is why NBC, ABC and Cable News Network gave such prominence to Rather's uncomfortable three days on the stand in Los Angeles, where he and CBS were being sued by a physician Linked to an insurance-fraud scheme by 60 Minutes. That slander trial ended last week in a judgment for CBS, but the experience was embarrassing nonetheless...
Damaging evidence of corruption in the mayor's powerful political machine followed. In recent months a widening net of federal probes has led to the conviction or indictment of seven White aides on charges of fraud and extortion. Although White has not been accused of any wrongdoing, the scandal scratched away at his image: a survey by Pollster Pat Caddell in April showed that 79% of Boston voters wanted new leadership in city hall...
...Minutes. Instead, Rather, now anchor of the CBS Evening News, was the co-defendant being grilled last week in a Los Angeles Superior Court chamber, in a $30 million suit for alleged defamation of a doctor at a clinic accused of insurance fraud...