Word: frauds
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Dates: during 1980-1989
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...search for tax loopholes was proof that Reaganomics favors the rich and hurts the poor. Democratic Senator Edward Kennedy, with both hyperbole and some justification, told a labor convention last week that Smith's tax shelter is "welfare for the rich... If the President wants to find welfare fraud, let him open the door of his own Cabinet and take a look." Valid or not, it is a criticism the Administration could hardly have wanted as it pressed its case for budget cuts with Congress...
...recent years, the trend has been away from social issues and toward more personal causes. Some students, like dissatisfied consumers, sue their colleges for "fraud" when they are unable to get jobs for which they were trained. One California student sued her university for $125,000 for giving her a B+ in a course instead of an A -. Says Philip Moots, special counsel to Ohio State University, which, like many other institutions, is becoming increasingly familiar with what an Ohio State commencement speaker described as "litigation mania": "Today's students flunk...
...flop sweat. I'll say this: he travels in good company. Rachel Ward, his femme fatale in this activity, has taunting cheekbones, eyes like veiled promises and a body that speaks in languages not yet discovered. Miss Ward, just because I have to collar your pal for creative fraud is no reason we can't be friends. My number's in the book. The name is Marlowe. -By Richard Corliss
...burdensome registration and reporting rules. Mainstream denominations do not rely heavily on outside contributions, so the law's obvious targets were newer organizations like the Rev. Sun Myung Moon's Unification Church. Though Minnesota maintained that the law was a sensible way to protect the public from fraud, Supreme Court Justice William Brennan, writing for the majority, ruled that it violated the Constitution's establishment of religion clause. Said Brennan: "This statute does not operate evenhandedly, nor was it designed...
...Governor. Banker Bert Lance, Butcher's friend and Jimmy Carter's ill-starred budget chief, made the entrées necessary to arrange for $43.5 million in federal subsidies and talked Egypt into participating. Another Butcher friend, Jesse Barr, who was convicted in 1976 of bank fraud, was later hired by the developers of property fronting the fair as their chief financial consultant. Butcher's own bank loaned $1 million to the fair; the bank's former chief executive officer and current counsel is a developer of a nearby parking garage financed with $6.3 million...