Word: white-collar
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...sure didn't look that way in 1989, after Lincoln bit the desert dust and Keating faced a series of highly publicized trials. Prosecutors vilified him as a high-living, white-collar sociopath, and he was convicted on no less than 90 federal and state counts of fraud, racketeering and conspiracy. The main charges: that he directed the sale of fraudulently marketed junk bonds to tens of thousands of Lincoln customers and that he orchestrated a series of sham real estate transactions to inflate Lincoln's profits. Packed off to prison in handcuffs and chains under the glare...
...craggy features like a ghost from an old "wanted" poster, drops by his table to hurl an unprovoked insult. He's unperturbed. "When I was first brought into the lockup I faced a howling, screaming mob," Keating says matter-of-factly. He points out that unlike other major white-collar felons of the 1980s, who sojourned in comparatively luxurious "Club Feds," he did "hard time." On the inside, he was known as "the old guy" and initially disliked by fellow convicts. "I was locked down for nearly five years, but I survived like a man." Keating even manages some humor...
...witnesses, including key subordinates from Lincoln and its parent, American Continental Corp., are far from eager to repeat their performance now that their own cases have been settled. So it seems that Keating may have beaten the rap. True, he has served more time than nearly all the major white-collar criminals of the '80s, including notorious junk-bond king Michael Milken, with whom he did hundreds of millions of dollars in deals...
...director. Evtim Evtimov, strike committee leader at the St. Anna coal mine, reminded workers that late wages were paid immediately when miners threatened to strike last month. "That means there is money," he said. "We won't back off these demands." Until this week, protesters in Bulgaria were mostly white-collar workers and students. But now the Socialists are finally losing the support of the industrial and farm workers on which their rule depends. On Thursday, the Socialists offered to double pensions and wages in the public sector. But even that promise is fast becoming worthless; the lev currency falls...
...director. Evtim Evtimov, strike committee leader at the St. Anna coal mine, reminded workers that late wages were paid immediately when miners threatened to strike last month. "That means there is money," he said. "We won't back off these demands." Until this week, protesters in Bulgaria were mostly white-collar workers and students. But now the Socialists are finally losing the support of the industrial and farm workers on which their rule depends. On Thursday, the Socialists offered to double pensions and wages in the public sector. But even that promise is fast becoming worthless; the lev currency falls...