Word: moneyitis
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...Rubio and his conservative backers have fixed political floodlights on a photo of Crist sharing a hug with President Obama last year as the governor welcomed federal stimulus money into Florida. But they probably won't be so eager to exploit the support Crist received from Rothstein (who, by the way, helped Crist blow out the candles on that $52,000 birthday cake), because some of those conservative boosters may well be shown to have received Rothstein's dirty largesse themselves. They could include GOP legislators in Tallahassee, where federal agents last month came calling to question politicians from both...
...feds thus far have only been able to recover assets valued at about a tenth of the Ponzi scheme's take. But Rothstein's alleged investor victims are hoping his guilty plea will mean improved chances of retrieving more of their lost money. "It helps because it means he can testify in civil trials now, and he's said he wants to help make things right," says Scherer. He has filed suit on behalf of victims against Rothstein and Toronto Dominion Bank, which handled the accounts Rothstein used to conduct the alleged Ponzi scheme. (TD Bank insists it exercised proper...
...long been known for shady politics, but this year promises to be particularly ugly as series of corruption trials unfold, all stemming from a sweeping probe known as "Bonusgate." Prosecutors charge that leaders of both parties in the state House of Representatives flagrantly ignored the law, using taxpayer money to wage political warfare and to lavish perks on aides and party loyalists. The price tag is likely in the tens of millions, and prosecutors warn there could be more indictments, possibly targeting leaders of the State Senate. "There was an unbelievable sense of entitlement in Harrisburg that they could...
...Democrat from western Pennsylvania, and three former party staffers, who are accused of running a secret campaign office in the Capitol building. The defendants are among 25 people from both parties indicted by state Attorney General Tom Corbett, who started the investigation three years ago, initially focusing on taxpayer money used to give bonuses to Democratic staffers working on campaign projects on official time. (See the top 10 scandals...
...that France had gotten a "dose of its own medicine." But the French may have been less guilty of applying double standards than of using the same kind of savvy marketing strategies that have allowed new wine-producing countries like New Zealand to give France a run for its money in recent years. (See pictures of Paris expanding...