Word: scandalizer
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...While some attorneys, and victims of the Enron scandal, argue that letting Lay - even in death - off the hook is a miscarriage of justice, others say the proposal is mean-spirited. "It's a disguised attempt to punish Lay further - not to help crime victims," says attorney Joel Androphy, author of the legal text White Collar Crime. "It has no global purpose other than being vindictive." Even though the criminal case is over, Androphy points out, Enron victims will still be compensated, because Lay's estate will have to pay any civil judgments. He argues that the proposed law sends...
...Leveraging the Lobbyist Scandal For a congressional candidate, a presidential visit during campaign season is a sought-after opportunity...
...Leveraging the Lobbyist Scandal For a congressional candidate, a presidential visit during campaign season is a sought-after opportunity...
Shanghai's sweltering August temperatures usually keep visitors to a minimum, but more than 100 officials from Beijing descended on the city last week?and they were bringing heat of their own. Investigating what state media have dubbed Shanghai's biggest financial scandal in years, the Beijing audit team is probing allegations by the central government that the city's already undercapitalized $1.25 billion pension fund may have been used to illegally finance various business deals and speculative real estate projects. Among those hit by accusations of bribery or improper loans are Zhu Junyi, the pension fund's supervisor...
...investigation may also signal a power play by Hu ahead of the Communist Party's annual confab in October. His predecessor, Jiang Zemin, hailed from Shanghai and seeded the government with prot?g?s including Party boss Chen, who had been mentioned for possible promotion to Beijing. A hometown scandal could weaken the influence of the so-called "Shanghai gang," allowing Hu to install his own acolytes in positions of power. "The Chinese leadership understands that releasing the details of corruption in Shanghai just before the October meeting will have a big impact," says Joseph Cheng, a China expert at City University...