Word: frauds
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Dates: during 1980-1989
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Past investigations of the Rocky Flats nuclear-weapons plant near Denver have revealed shabby management, freaky accidents and dangerous pollution, and 75 FBI agents are currently there looking for proof of fraud in the disposal and incineration of plutonium-laden wastes. But what has environmental officials most puzzled is something they never expected to find even at trouble-prone Rocky Flats: traces of radioactive strontium and cesium that a nuclear chain reaction could produce -- even though there is no nuclear reactor at the site. The Environmental Protection Agency has demanded a study to determine how the mysterious isotopes...
...cornerstone of Ronald Reagan's campaign for the White House was an attack on Government waste, fraud and abuse. Singled out for special scorn were "giveaway" programs for the poor. Now, as Congress delves into a spreading scandal at the Department of Housing and Urban Development, the hypocrisy of Reagan's rhetoric has been brought into sharp relief. During his Administration, a massive giveaway did take place, but to the greedy, not the needy. HUD, whose prime mission is to provide shelter for low-income citizens, instead became a gold mine for Republican insiders, ambitious developers and powerful Washington consultants...
...District Judge Richard Williams of Alexandria, Va., had harsh words last week about the abuses uncovered by Operation Ill Wind, the federal investigation of Pentagon procurement fraud: "I can't believe our Government, the Congress and Executive, lets a system like this endure." In fact, the judge was so disgusted that he handed out astonishingly light sentences to the first two defendants convicted by a jury as a result of the probe (twelve other people have pleaded guilty). Teledyne Electronics executive George Kaub could have received 40 years in prison. His co-worker Eugene Sullivan could have got 20 years...
...right after the stock-market crash. Last week, however, Bilzerian finally made what will probably be his most lasting mark on Wall Street. In the first jury verdict to arise out of the Government's three-year crackdown on insider trading, Bilzerian was convicted on nine counts of securities fraud and tax violations...
...public may be paying for the S & L fraud well into the next century. Even so, it seems unable to make the connection between such outrages and a permanent government that too often is up for sale to private interests. The notion that public service might require some sacrifice has become a quaint relic. Working in government, instead, has come to be seen as a way to enrich ! oneself. Public officials remain endlessly capable of rationalizing the trading of their office for private gain: we don't get paid enough; everybody does it; we could make much more...