September 24, 2013 |
Why hasn't anyone on Wall Street gone to prison for the 2008 financial crisis? Perhaps because the FBI is recommending far fewer white-collar prosecutions. The FBI has recommended only 2,001 white-collar cases for criminal prosecution so far this fiscal year, on pace for a nearly 7% drop from last year, according to a report Tuesday by a research group affiliated with Syracuse University. It would be one of the lowest years on record and would extend a years-long trend, according to government data obtained by the Transactional Records Access Clearinghouse.
September 5, 2013 |
Mary Death (Christian Pitre) is the future's biggest celebrity. In her sexy-waitress mini dress and white vinyl go-go boots, she's every bit the self-promoter Kim Kardashian is. But instead of a reality show, in "Bounty Killer," Mary's famous for being "the greatest killer the world has ever known," a ferocious, bloodthirsty pinup queen. Mary and Drifter (Matthew Marsden), her former lover and current rival, are swoon-worthy folk heroes who ruthlessly mow down the enemy of the people: white-collar criminals.
May 24, 2013 |
"Graceland," an original crime drama premiering June 6 on USA Network, isn't set in Memphis. Instead, the location is sunny and sexy Manhattan Beach, where agents with the FBI, Drug Enforcement Administration and Immigration and Customs Enforcement mastermind dangerous sting operations. When they're not surfing or partying, that is. Sound farfetched? Maybe, but "Graceland" is inspired by the true story of a beachfront mansion once owned by a drug kingpin - and huge Elvis Presley fan. Seized by the U.S. government in 1992, the mansion was used until 2001 as a secret operations base.
May 16, 2013 |
NEW YORK - The next wave of union protesters isn't blue collar. It's lawyers, paralegals, secretaries, helicopter pilots, judges, insurance agents and podiatrists. These white-collar workers are not exactly the picture of the labor movement, but they are becoming a more essential part of it as they turn to unions for help in a tough economy as bosses try to squeeze out more profits. "Employers have been downsizing, asking employees to take on larger roles, making them work more hours," said Nicole Korkolis, spokeswoman for the Office and Professional Employees International Union.
May 5, 2013 |
Groundbreaking actress-singer Diahann Carroll ("Julia," "Claudine") was an 18-year-old New York model when her singing career took off. Her break came when she won a talent show called, appropriately enough, "Chance of a Lifetime" in January 1954 on the old DuMont Network. Besides the cash prize, she was booked at the famed Latin Quarter nightclub. By year's end she had made her film debut in Otto Preminger's "Carmen Jones" with Dorothy Dandridge and Harry Belafonte and her Broadway bow in the Truman Capote-Harold Arlen musical "House of Flowers" with the legendary Pearl Bailey.
March 29, 2013 |
NEW YORK - Preet Bharara, the man dubbed the new sheriff of Wall Street, notched another arrest in the government's vast insider trading probe. This time the top federal prosecutor in Manhattan nabbed a top portfolio manager at one of America's biggest hedge funds. SAC Capital Advisors' Michael Steinberg was led out of his Park Avenue apartment building in handcuffs early Friday morning. It's a major arrest at a fund that has long drawn government scrutiny. Bharara, 44, has carved out a reputation for being a tough prosecutor who has overseen some of the most high-profile white-collar criminal cases since the 1980s.