Word: josepher
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...million in 1986 for insider trading. Financier Michael Milken, the "junk-bond king" who famously earned $550 million in 1987, avoided prosecution on similar charges by pleading guilty to other criminal counts. But the largest insider-trading conviction came two decades later, in 2007, when former Qwest Communications head Joseph Nacchio was convicted of selling $52 million in company stock while knowing the company was headed for trouble. He was sentenced to six years in prison, though an appeals court later ordered his sentence reduced...
Silence from Rome The American hierarchy has been divided before, most recently in the 1990s by Cardinal Joseph Bernardin's argument that abortion is not the only issue in the "seamless garment of life" that Catholics are called to promote. But the current debate, which is expected to surface again when the United States Conference of Catholic Bishops (USCCB) holds its general meeting later this month, is the bitterest yet. A minority faction of bishops had hoped Pope Benedict XVI would lead the way in punishing those who dissent from church teaching. His preference for avoiding the political fray...
Pottawattamie County prosecutors David Richter and Joseph Hrvol presented a case that rested almost entirely on the testimony of a 16-year-old kid who was caught stealing cars and offered a $5,000 reward if he provided information about the murder. The witness misidentified the murder weapon, changed his story multiple times and fingered two other men before naming McGhee and Harrington in the crime. He even had to be coached by prosecutors about what to say during the trial so that his story matched the evidence. Richter and Hrvol revealed none of this at trial, nor the fact...
...mail to MBA students, MBA Program Chair Joseph L. Badaracco, Jr. said that “disciplinary action may follow” for those students involved.Badaracco added that the incident last Friday was out of character for HBS students...
...commented on any of the allegations surrounding Abu Omar," says spokesman George Little. But lawyers familiar with the Italian legal system say the 23 Americans need not fear incarceration. Magi's verdict "is worthless; it's only a judgment on paper," says New York criminal defense attorney Joseph DiBenedetto, who has defended clients who were indicted in Italy. "There's a lengthy appellate process, and between the legal and the political wrangling, [the verdict] will probably be whittled down and maybe even tossed...