September
2010

$130 Million Ponzi Scheme Rattles West African Nation of Benin

COTONOU, Benin – More than a hundred thousand people in the tiny West African nation of Benin have lost their savings in a Ponzi scheme run by a now-defunct company that appeared to be publicly endorsed by the country's president.
Posted by Editor on 09/01/10  •  (0) Comments

Maryland Senator Ulysses Currie indicted on charges of taking bribes

Longtime Maryland Sen. Ulysses Currie, one of the most powerful and popular figures in the General Assembly, was indicted Wednesday on charges that he took more than $245,000 in bribes to use his position and influence to do favors for a grocery chain.

Original Corporate Terrorism: The Billionaire Koch Brothers’ War Against Government

“The billionaires behind the hate.” This long and revealing article by Jane Mayer for the New Yorker details the ongoing onslaught against the Obama administration and the U.S. government being waged by the billionaire owners of Koch Industries, whose combined fortune of $35 billion dollars is only exceeded by those of Bill Gates and Warren Buffett.

“Twilight” Brat Taylor Lautner Sues RV Dealer

LOS ANGELES - The owner of an RV dealership sued by Taylor Lautner over a customized vehicle challenged the "Twilight " star Monday to a push-up contest to resolve their dispute instead of a court of law.

Exiled Madagascan leader Ravalomanana Charged for Murders

Madagascar's exiled former president has been sentenced to life in prison with hard labour for ordering the killing of opposition supporters.

Paris Hilton Arrested for Felony Cocaine Possession

Big surprise, the world's most useless socialite Paris Hilton is arrested on drug possession charges, again.

533 Feet of Pure Ego

Russian billionaire Roman Abramovich's super-yacht Eclipse named as world's largest boat by the Superyacht Index from SuperYacht Times. The index lists the Eclipse at 62.5 meters (533.1 feet).

Middle Class Tapping Investments Just to Make Ends Meet

Report reveals that Americans are making due with less and don't have the money to put into stock funds, and many are taking money out of their investments to pay for basic necessities like food, clothing and shelter.

World’s Most Expensive Penthouse Sells for $220 Million in London

A six-bedroom penthouse at London's posh One Hyde Park development has just sold for a record-breaking £140 million, or about $220 million, making it the most expensive piece of residential real estate in the world.

Wretched Excess: Georgia Megamansion Sold to Tyler Perry

Atlanta software entrepreneur Larry Dean finally sells his $40 million, 32,000 sq. ft. Xanadu-like mansion, once the biggest home in metropolitan Atlanta, to Tyler Perry for the bargain price of $7.6 million.

Kim Jong-il is a Label Whore

While his people starve, Kim Jong-il struts around in $1200 handcrafted suits and italian leather shoes while sipping Martell Cognac from crystal snifters.

Birdman’s $2.1 Million Penis Extension Has a Top Speed of 267 MPH

Southern rapper Birdman is showing off the kind of toy a few million dollars can buy: the Bugatti Veyron. The European sports car is not only one of the most expensive things you can buy on four wheels, but it's also the fastest street car on the planet.

Original Buy J.D. Salinger’s Crapper for $1 Million on eBay

Apparently, the opportunistic new couple who recently purchased Salinger's home in

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News Corp. Makes $1 Million Donation To Republican Governors Association

"For a media company -- particularly one whose slogan is 'fair and balanced' -- to be

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Idiot Juror Lets Blagojevich Off The Hook With A Single Guilty Count

Prosecutors immediately vowed to retry the case against Blagojevich and his co-defendant

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Barclays Hit With $298 Million Fine for Violating Trade Law

For more than a decade, Barclays would strip information from wire transfers funneled

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Exposing the fallacy of a vast upper middle class

[Excerpt from Salon.com] For a generation, most Americans have been told by left, right

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Rangel Charged With 13 Violations of House Ethics Rules

Rep. Gene Green (D-Tex.) chaired the 21-month investigation and laid out the charges

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Billionaire GOP Donors Sam and Charles Wyly Hit With Fraud Charges by SEC

The Wylys, who have been generous contributors to the Republican Party and GOP candidates,

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Securities and Exchange Commission v. Samuel E. Wyly, et al.

The public companies involved in the Wylys' scheme to defraud were, according to the

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The Big Picture Exposes Glenn Beck’s Connection to Goldline

The Big Picture does a brilliant job of exposing Glenn Beck's complicity in selling a

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WANTED: IRS asks public for help finding indicted pyramid schemer Jason P. Unangst

Jason Unangst, 34, told investors in 2004 that he could buy mobile homes either for

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Florida men charged in $425 million “Yellow Pages” scam

According to the criminal complaint filed in the U.S. District Court in Atlanta, Mark

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