Word: trusts
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Dates: during 2000-2009
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...false filings with the SEC and theft from an employee benefit plan. The scam's victims included high-profile celebrity names such as actress Kyra Sedgwick, actor Kevin Bacon, director Steven Spielberg, actress Zsa Zsa Gabor, actor John Malkovich, New York Daily News owner Mort Zuckerman and the family trust of DreamWorks CEO Jeffrey Katzenberg, as well as charities, universities, hedge funds, banks and pension funds around the world...
Marchionne's most interesting challenge is that Chrysler's new owners, postbankruptcy, are his employees--the United Auto Workers, which holds a 55% stake through its retiree trust fund. His other bosses include the U.S. and Canadian governments, which hold 8% and 2%, respectively. Fiat will start with a 20% stake, which could reach 35% if Chrysler succeeds. "Politics and unions are Marchionne's biggest risks," says Carnevale. "Having politicians on the board of directors will require very complex management...
...relate to Pagano's pastoral need to address his members' fears, "but there is nothing in the New Testament - [which] Christians give priority to - to encourage responding to fear with self-defense. To the contrary, the central message of Jesus is that fear should compel us to trust God's mercy in the midst of the fearful situation. In a face-off between the teachings of Jesus and the Constitution, Jesus better win in church...
...refused to say whether he'll step down as governor. His friend and former chief of staff, state senator Tom Davis, says Sanford "shouldn't resign, even though I say that with reservations given what's happened the past few days. He deserves the chance to rebuild the trust of the state, and I think today's confession was a good start," Davis told TIME. "I think he's done an extraordinarily good job as governor of alerting people to issues that have been swept under the rug for far too long in South Carolina, like the need to reform...
Most Afghan reporters know the prevailing reality. "We know that the chances are greater we might be killed if we are taken by the Taliban," says an Afghan photographer working part time for a Western news agency. He and his local colleagues trust that their employers will support them "to a point," he says, but they accept that insurgents are likely to punish them as "traitors" for working with foreigners, absent the prospect of a hefty ransom. "They won't think too much about what to do with us. That's something we have to accept," says the photographer. (Ransom...