Word: vesting
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...perpetrators are the latest examples of what investigators have begun calling "pseudo commandos" - criminals who prepare for a showdown with law enforcement by strapping on bullet-resistant vests before battle. (Technically, body armor isn't considered bulletproof; depending on the vest, high-powered weapons can still cause life-threatening injuries). In one of the most famous cases, in 1997, bank robbers Larry Phillips Jr. and Emil Matasareanu faced off against police outside a Bank of America branch in North Hollywood covered in body armor and toting high-powered weapons. After injuring 11 officers and six civilians, both men were killed...
Madoff arrived at court in a dark suit and bulletproof vest, and proceeded to deny his victims even the catharsis of a trial with his plan to plead guilty to 11 felony counts. That surrender enraged some who feared this was one more scam, to protect his family and conceal his true villainy. He still faces 150 years in prison. "I hope his time in jail will be hell on earth," said victim Joan Sinkin, 75, of Boynton Beach...
...time cesspool, Lewis Calado's well-kept home, with its bushy pot plants and white flowering tree out front, stands out on a grotty housing estate littered with boarded-up properties. Life on the estate has improved in recent years, he says - still sporting the luminous vest from one of the two truck driving jobs he holds down to meet his mortgage payments - although petty crime remains a blight. The windows of his neighbor's new car were smashed recently. "You can't leave anything inside," Calado says. "Even a GPB 3 pair of sunglasses...
...nonbanker, what quickly becomes apparent is that the elaborate and formal process for banks' reporting suspicious characters makes it quite possible that a quiet, close-to-the-vest player like Madoff who is not part of any global crime syndicate could operate comfortably for a long time and have a happy bank as his unwitting accomplice. Perhaps in this new push to reform bank practices, that process is worth revisiting...
...century ago, a young lawyer named George Graham Vest, later to become a U.S. senator, addressed a Missouri courthouse on a case concerning the killing...