Word: knews
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Frank DiPascali, the former financial chief for disgraced billionaire financier Bernie Madoff, told a federal court judge on Tuesday that he and others knew as far back as the early 1990s that no sales were taking place in Madoff's investment scam. He made the comments while pleading guilty to criminal charges as part of a government cooperation agreement for his role in Madoff's $65 billion Ponzi scheme...
...knew and other people knew no sales were taking place," said DiPascali during the hearing. "I represented trades were taking place when they were not. Most of the time, money just went into bank accounts" that Madoff controlled, he said. He admitted he helped perpetuate the illusion that sales had taken place. (See the top 10 crooked CEOs...
...about a week into my time here the inevitable happened. I had a meeting across town and 10 minutes to get there. It was 8:30 a.m. and I knew it would take at least a half hour in traffic—there was only one choice. I saw Yoweri driving by my apartment on a Yamaha and flagged him down...
...music group broke up, she answered: “Because all my bandmates are now lawyers.” Since it is one of my greatest fears that I’ll go into a years-long slumber only to wake up surrounded by friends-turned-litigators, I knew we would get along.,Caroline, is a French intern at my company. She’s lived in Korea for almost a year, so in terms of Seoul street smarts, she’s way ahead of me. Last weekend, she bargained a dress down 25 percent?...
Highlight Reel: 1. Inside Senator Hillary Clinton's fractious and fizzling campaign: "Far from being the overpowering political machine of legend, the Clinton campaign turned out to be a world filled with destructive internal conflicts, a place of tensions and enmities." We already knew Hillary Clinton ran a weak campaign organization - its top officials managed money poorly and apparently didn't grasp the intricacies of the primary caucus system until it was too late. But the book sheds new light on just how flawed and, in James Carville's term, "joyless" the team was. Balz and Johnson reveal that Clinton...