Word: staffers
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...Macquarie insists that its distributions to shareholders are paid strictly from cash, but other analysts say they're often funded by new rounds of refinancing. Steve Johnson, a former Macquarie staffer turned financial adviser, says the bank has managed to borrow ever-rising sums against its assets because "credit markets were more and more willing to lend. That game is over...
...logic, it may be Mahoney himself who isn't fit for the job. In recent days, he has battled allegations of a dalliance with a former staffer and an alleged payoff to stay hush, as well as a second affair with a high-ranking county official that may have gotten mixed up with official business. As ABC News first reported, Mahoney's romance with 50-year-old Patricia Allen began on a campaign stop in 2006. Following his election victory, she joined his congressional staff - but was soon moved back to his campaign staff. After terminating their relationship and then...
Update: Mahoney has since admitted to having "multiple" marital affairs, according to interviews with news outlets on Friday Oct 17. This apparently included the one with former congressional and campaign staffer Patricia Allen that lasted from 2006 through 2008. Mahoney and Allen settled a lawsuit this year that gives Allen $60,000 and her attorneys $40,000. He didn't want "the public spectacle" of Allen going public during the congressman's first re-election campaign, so he chose the settlement as his best option. "I wanted to hide it," he said, and "make it go away," though he admitted...
...extraordinary story of how Israeli detectives built a case against Golan and his alleged cohorts is the subject of Unholy Business: A True Tale of Faith, Greed and Forgery in the Holy Land by Nina Burleigh, a former TIME staffer who now writes for People. In fast, noir-ish prose - imagine Sam Spade in the Holy Land - Burleigh tracks her story through the twilight world of Arab grave robbers and smugglers to the glimmering salon of a billionaire collector in Mayfair whose mission, writes Burleigh, is "proving the Bible true." Past accounts of the James ossuary are fiercely partisan, written...
...mother of two - has been at a fever pitch since her husband announced his candidacy. It seems an apt time for a biography of Michelle, from her childhood in her family's bungalow on Euclid Avenue to the current campaign, just weeks from its conclusion. Washington Post staffer Liza Mundy offers a rundown of Michelle's life...