Word: frauds
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Dates: during 1980-1989
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...Danny Wall, picked by the White House in July 1987 to replace Edwin Gray as chairman of the Federal Home Loan Bank Board. Gray, a onetime captive of the savings and loan industry, lost his job when he began to speak out about the extent of the S & L fraud...
...scandal involving five U.S. Senators and the Arizona businessman who gave them more than $1 million is tantalizing: the smoking gun is being waved for all to see. Charles Keating is a former owner of California's Lincoln Savings and Loan and a defendant in a lawsuit involving racketeering, fraud and conspiracy in using the institution's funds. After the smoke clears, bailout of this S&L is expected to reach $2.5 billion, making it the nation's costliest thrift failure. When asked whether his fat contributions to the five Senators influenced them to take up his cause, Keating replied...
Take the notion of being innocent until you're proven guilty. When grandstanding U.S. Attorney Rudolph Giuliani went after partners in the Princeton/Newport investment firm on charges of securities fraud, he used RICO to freeze all the assets of the company. Soon after, they were out of business. All this before the defendants had had their day in court...
Defying Muslim threats, Orthodox zealots are preparing for the day when the holy edifice will rise again. -- A jury swiftly nails fallen evangelist Jim Bakker for fraud...
Scientists should recognize that fraud does occur, and that the pressure to publish or perish is the primary cause. It would be in everyone's best interests for scientists to address the problem candidly, rather than ignore it or defensively deny that it exists. Scientists should waste no time in enacting new safeguards of their own, before Congress imposes the clumsy remedy of its choosing. After all, Congress has better things to do than to pick on Nobel laureates...