Word: scheme
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...personal interactions with the union in arranging the hours reductions, it was his understanding that management staff from each vendor—Unicco, Hurley of America, and Harvard's Facility Maintenance Operations—discussed the changes with the union in early July.But Becker said that the hours reduction scheme had been designed, finalized, and implemented by the University and vendors without consulting the union. He said that the first time the union had heard of the hours cuts was when distressed Unicco workers called the union after being notified of the changes at a mass meeting held roughly...
...merchant ships are stuck at harbor because of a collapse in global trade. Burnett notes that there has been an increase in insurance fraud as a result of financial pressures. "We have had cases in the past where ships have been intentionally scuttled as part of a fraudulent insurance scheme," he says. "The law says that when a ship doesn't arrive in port, it's assumed to be from a peril of the sea, and the underwriters have to pay unless they can prove the sinking was not accidental, which is pretty hard without any witnesses...
Until now, Madoff, who was sentenced to 150 years in prison, has steadfastly insisted he acted alone in the scheme and refused to point the finger of blame at anyone else. Madoff's brother and sons, who worked under the same roof, as well as his wife Ruth, have come under intense scrutiny during the probe but have not been charged with any wrongdoing. Madoff's outside accountant, David Friehling, is the only other person to be formally charged in the seven-month investigation until now. He pleaded not guilty to fraud charges...
However, DiPascali is viewed as a major linchpin in the case, having worked alongside Madoff for 33 years, where he supervised the taking and tracking of client orders. He described himself as director of options-trading, even though no actual trading took place during the Ponzi scheme. Some experts speculate that DiPascali is cooperating in exchange for leniency...
...scheme would be impractical and undesirable in a large republic. But one still cannot help but admire the Swiss commitment to serve. As a citizen of a country once again reflecting upon what civic responsibility means, I have come to hold a certain appreciation for the Swiss sense that "everyone is in this together"—even if there are no enemies to fight...