Word: recordsized
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Harry Shearer, the comedian, writer, actor (This Is Spinal Tap) and ubiquitous voice on The Simpsons, ventures into political satire in his new album, Songs of the Bushmen (Courgette Records). The CD takes musical potshots at Administration figures ranging from Condi Rice to Karl Rove, but what has got at...
The IRS is now asking to see records of all accounts - the first time such a broad legal tactic has been used on an international bank. That puts UBS in another bind, because Swiss banking laws, in most cases, require that secrecy be preserved.
Starting in 2000, the IRS went after records from American Express, MasterCard and Visa to track the spending of U.S. citizens using credit cards issued in Antigua, the Bahamas and the Cayman Islands, leading to hundreds of audits and criminal investigations. In a landmark 2005 case, the accounting firm KPMG...
The current wave of prosecutorial zeal kicked off in February when German authorities arrested Klaus Zumwinkel, the CEO of Deutsche Post and one of the country's most prominent businessmen, for allegedly evading some $1 million in taxes by funneling money through foundations in Liechtenstein. The German tax cops got...
These are staggering sums for someone who was still paying off his student loans three years ago. But the freshman Illinois Senator shattered so many records in the primaries - raising nearly $300 million in 16 months - that he has become a victim of his own success in the general-election...