Quantcast
Home » Topics » scheme

O’Reilly: Social Security ‘isn’t exactly a Ponzi scheme, but it’s close’

In Bill O’Reilly’s universe, Social Security isn’t a Ponzi scheme — it just plays one on TV. On Monday evening, the Fox host defended Rick Perry from campaign rivals’ attacks on the Texas governor. And O’Reilly made certain to emphasize his support for Perry and his controversial statements on the…

O’Reilly: Social Security ‘isn’t exactly a Ponzi scheme, but it’s close’

In Bill O’Reilly’s universe, Social Security isn’t a Ponzi scheme — it just plays one on TV. On Monday evening, the Fox host defended Rick Perry from campaign rivals’ attacks on the Texas governor. And O’Reilly made certain to emphasize his support for Perry and his controversial statements on the…

China plans carbon-trading pilot scheme

China will introduce a pilot scheme for carbon emissions trading and gradually develop a national market as the world’s largest polluter seeks to reduce emissions and save energy, state media said. China will promote the market’s development through “punitive” electricity tariffs on power-intensive industries and other new policies, Xie Zhenhua,…

Australia steps up climate fight, unveils sweeping carbon plan

CANBERRA (Reuters) – Australia unveiled its most sweeping economic reform in decades on Sunday with a plan to tax carbon emissions from the nation’s worst polluters, reviving hopes of stronger global climate action with the largest emissions trade scheme outside Europe. Prime Minister Julia Gillard said 500 companies including steel…

US fraudster Madoff says sentence too harsh

NEW YORK — Bernard Madoff, sentenced to 150 years in jail for the biggest financial scam in US history, on Tuesday said the judge in his case had made him a “human pinata” and passed an overly harsh sentence. “Maybe the judge felt, ‘Well, he’s 70 years old, so even…

Army sergeant and colleague charged in Kuwait bribes scheme

WASHINGTON — A US Army sergeant and his colleague took more than $170,000 in a bribes and money laundering scheme at Camp Arifjan, a US military base in Kuwait, according to an indictment unsealed Tuesday. The 11-count indictment made public in Wheeling, West Virginia, charged Sergeant First Class Richard Evick,…

Greeks hatch scheme to profit off air pollution

ATHENS (AFP) – Greece could earn up to 170 million euros for its cash-strapped treasury from a trade of greenhouse-gas emission allowances on the Athens stock exchange, a report said Sunday. Eleftherotypia daily said a first-ever auction of one million emission allowances (EUAs) will be held on Wednesday, ironically as…

Man arrested in hacker stock fraud scheme

WASHINGTON (AFP) – US authorities Monday arrested and charged a Texas man accused of masterminding a scheme using a Russian hacker and an email spam campaign to pump up the value of fledgling companies, the Justice Department said. Christopher Rad, 42, of Cedar Park, Texas, was arrested by FBI agents…

Madoff’s oldest son kills self two years after father’s arrest

The son of a convicted Ponzi-schemer reportedly committed suicide, according to New York police Saturday. “Mark Madoff took his own life today,” Madoff’s attorney Martin Flumenbaum said in an advisory. Mark Madoff died on the second anniversary of the arrest of his father, Bernie Madoff, CNN reported. Deputy New York…

BofA will pay $137 million to settle claims it defrauded schools, hospitals

Attorneys general from 20 states reached an agreement that will require Bank of America to pay $137.3 million for its part in a bid-rigging scheme, according to the Securities and Exchange Commission (SEC). The financial institution is accused of defrauding state agencies, municipalities, schools districts, hospitals and other non-profit organizations…

Page 1 of 212
Google+