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Bernie Madoff

CALIFORNIA | LOCAL
June 27, 2009 | Patrick McGreevy
Los Angeles County's top prosecutor says a budget proposal by Gov. Arnold Schwarzenegger would so weaken court sentencing guidelines that if a swindler such as Bernard Madoff were to be brought to justice in California, he would not face state prison time. Dist. Atty. Steve Cooley has asked Schwarzenegger in a letter to withdraw his proposal to change state sentencing guidelines so certain felonies, such as fraud or grand theft, would be prosecuted as misdemeanors. Facing a $24-billion budget shortfall, Schwarzenegger has proposed the change to save $1 billion over three years by shifting 23,000 criminals from state prisons to local jails and reentry programs.
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BUSINESS
August 1, 2010 | Liz Pulliam Weston, Money Talk
Dear Liz: It looks like my mother is going to win a lawsuit that could bring her more than $2 million. Can you advise us what steps to take once she receives her money? She wants me to play a major part in her finances as she is not a native English speaker, but I do not know much about finance, either. I can probably look for a financial advisor, but how do I know we are not going to bump into another Bernie Madoff? Answer: Your mom needs at least three advisors to handle such a big windfall: a financial planner, an accountant and an estate-planning attorney.
OPINION
September 16, 2009
"Tough stand on Malibu home," Sept 12, and "Bank fires exec who allegedly used home," Sept. 15 If the allegations in The Times are true, then I've got to hand it to this senior VP who, when faced with a choice of foreclosed Wells Fargo homes in Merced, Stockton, Riverside and San Bernardino counties, chose instead a multimillion-dollar beachfront home in Malibu. When looking for our next home, you can rest assured that I will contact this most perceptive Wells Fargo executive. How could I go wrong?
BUSINESS
October 30, 2013 | By Michael Hiltzik
Noted healthcare economist Suzanne Somers received a full screen's worth of valuable Wall Street Journal online space the other day to deliver her judgment on the Affordable Care Act . Before we get to the substance of her argument, let's acknowledge that her piece has added to her worldwide fame . It may not do great things for the Journal's reputation, though. Somers, last seen hawking exercise equipment and cure-all elixirs in infomercials and her website, declared the act to be a "Socialist Ponzi Scheme.
ENTERTAINMENT
July 5, 2012 | By Meredith Blake
With virtually all of his prime-time and late-night rivals airing reruns Wednesday night, CNN's Piers Morgan had the airwaves to himself on the Fourth of July. The British host chose to commemorate  Independence Day with a special called “Pride of America.” The show featured interviews with several American athletes who will be competing later this month at the Olympic Games in London. On a more meta level, it was also a glimpse ahead into the soft-focus stories of personal triumph that form such a major part of television coverage of the Games.
BUSINESS
April 28, 2009 | John Corrigan
Mary Schapiro, the new Securities and Exchange Commission chief, was certain to take a get-tough stance at the agency -- after Bernie Madoff, what other choice did she have? But in addition to all the steps she's taking along those lines -- a new enforcement director, streamlined rules for launching investigations, new procedures for following up on the 2,000 or so hotline tips the agency receives daily -- the SEC also is trying to make itself more transparent.
ENTERTAINMENT
July 6, 2012 | By Meredith Blake
  On Thursday night, Rachel Maddow had some harsh words for presidential candidate Mitt Romney, calling his campaign a “totally incoherent mess” in response to the Supreme Court's decision in favor of “Obamacare” last week. The ruling has put Romney, whose overhaul of Massachusetts' healthcare system provided the model for Obama's plan, in the difficult position of defending his record while criticizing his opponent's.  So far, says Maddow, he's been doing a pretty terrible job. As evidence, the host played footage from a 2008 Republican primary debate in which then-candidate Fred Thompson (remember him?
ENTERTAINMENT
October 31, 2011
A roundup of entertainment headlines for Monday: Months after Amy Winehouse's untimely death, a new album "Lioness: Hidden Treasures" will feature 12 previously unreleased songs. ( The Sun ) Ali Williams, the actress who shares a smooch with Justin Bieber in his "Mistletoe" video, says the kissing was "just a job. " ( MTV ) Michael Lohan, Lindsay Lohan's dad, is denied bail after allegedly contacting his former fiancee Kate Major, violating a no-contact order.
ENTERTAINMENT
November 1, 2011
A roundup of entertainment headlines for Tuesday: After a mere 72 days of marital bliss, Kim Kardashian and Kris Humphries are calling it quits. ( Los Angeles Times ) So what went wrong for these two crazy kids? ( People ) But these short-lived celebrity marriages have Kim Kardashian beat. ( Los Angeles Times ) The father of "Glee" singer Charice Pempengco, who plays Sunshine Corazon, was stabbed to death in her hometown in the Philippines. ( Associated Press )
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