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  • Expression
    2 years ago
    by TNY
    +10 +1

    What Happened to Tiger Woods? It Remains the Most Vexing Question in Sports

    It has been eight years since he took a major title, and he's rarely seen with a club in his hand. Even though Tiger Woods will be, at best, a ceremonial figure at the Masters, many believe he can still rediscover his magic at age 40. A look at the events and injuries that set him back suggests otherwise. [This story appears in the April 4, 2016, edition of Sports Illustrated.

  • Analysis
    2 years ago
    by robmonk
    +13 +1

    UNAOIL: The Company That Bribed The World

    In the list of the world's great companies, Unaoil is nowhere to be seen. But for the best part of the past two decades, the family business from Monaco has systematically corrupted the global oil industry, distributing many millions of dollars worth of bribes on behalf of corporate behemoths including Samsung, Rolls-Royce, Halliburton and Australia's own Leighton Holdings.

  • Current Event
    2 years ago
    by FivesandSevens
    +60 +1

    Panama Papers Scandal Brings Down Iceland’s Prime Minister

    The resignation of the prime minister, Sigmundur David Gunnlaugsson, was the first prominent political fallout from the document leaks, which have shed unflattering light on the private financial activities of many rich and powerful people around the world.

  • Current Event
    2 years ago
    by FivesandSevens
    +30 +1

    Relatives of China’s Top Leaders Are Identified in Panama Papers

    At least three of the seven people on the Chinese Communist Party’s most powerful committee, including President Xi Jinping, have relatives who have controlled secretive offshore companies.

  • Current Event
    2 years ago
    by jedlicka
    +26 +1

    Lottery insider's brother arrested in jackpot-fixing scandal

    A lottery vendor for years manipulated drawings to enrich himself and associates by installing software code that allowed him to predict winning numbers on specific days of the year, Iowa investigators alleged Wednesday. Authorities called the newly obtained forensic evidence a breakthrough in the investigation of alleged jackpot-fixing scheme by Eddie Tipton, former security director of the Multi-State Lottery Association. A jury convicted him last year of rigging...

  • Current Event
    2 years ago
    by bkool
    +43 +1

    Trudeau calls for global co-operation to crack down on offshore tax evasion in wake of Panama Papers scandal

    Prime Minister Justin Trudeau says the international community has to work together to make global finance more transparent to prevent the sort of inequality highlighted by the so-called Panama Papers scandal. Trudeau says otherwise, rich investors will simply “hop” around to favourable jurisdictions where they can avoid paying tax. He says the federal government knew tax avoidance was a problem long before the controversy put offshore havens in the headlines.

  • Current Event
    2 years ago
    by ubthejudge
    +18 +1

    VW will reportedly pay you $5,000 to settle its emissions scandal

    If you were burned by Volkswagen's emissions cheating and don't think that $1,000 in credits and gift cards will cut it, we have good news for you... maybe. Die Welt sources understand that VW has reached a settlement deal with US officials that will have it pay affected diesel car owners $5,000 each to make up for misleading the public on the eco-friendliness of its vehicles. That's on top of what VW will have to pay to fix the cars in question.

  • Current Event
    2 years ago
    by zritic
    +20 +1

    Emission cheating costs VW $18 billion

    Volkswagen's huge emission cheating scandal has already cost the carmaker about 16 billion euros. It's also costing its executives a big chunk of their pay. The company released its full year earnings on Friday, reporting a net loss of 5.5 billion euros ($6.2 billion) in 2015. Volkswagen Group (VLKAF) said it has now set aside 16.2 billion euros ($18.2 billion) to deal with the cost of the scandal. That's more than double what it originally anticipated.

  • Current Event
    2 years ago
    by funhonestdude
    +2 +1

    Revealed: nearly all new diesel cars exceed official pollution limits

    Ninety-seven percent of all modern diesel cars emit more toxic nitrogen oxide (NOx) pollution on the road than the official limit, according to the most comprehensive set of data yet published, with a quarter producing at least six times more than the limit. Surprisingly, the tiny number of models that did not exceed the standard were mostly Volkswagens, the carmaker whose cheating of diesel emissions tests which emerged last year sparked the scandal.

  • Current Event
    2 years ago
    by bkool
    +1 +1

    Mitsubishi may have been lying about mileage since 1991, CEO admits

    Mitsubishi Motors Corp., the Japanese automaker that acknowledged last week that it had intentionally lied about fuel economy data for some of its models, said an internal investigation found such tampering dated back to 1991. President Tetsuro Aikawa told reporters Tuesday the probe was ongoing, suggesting that more irregularities might be found. "We don't know the whole picture and we are in the process of trying to determine that...

  • Current Event
    2 years ago
    by hxxp
    +17 +1

    Arkansas Judge Resigns After 1000s of Nude Defendant Pics Found

    An Arkansas judge accused of swapping sex for reduced sentences resigned Monday after a state commission said it discovered thousands of photographs from his computer that depicted nude male defendants. In a letter to the Judicial Discipline and Disability Commission, Cross County District Judge Joseph Boeckmann said that his resignation was effective immediately, and that he would never again seek a job as a local, county or state employee.

  • Current Event
    2 years ago
    by capoti
    +26 +1

    Volkswagen's U.S. diesel emissions settlement to cost $15 billion

    Volkswagen AG's settlement with nearly 500,000 U.S. diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter said on Monday. The settlement, to be announced on Tuesday in Washington, includes $10.033 billion to offer buybacks to owners of about 475,000 polluting vehicles and nearly $5 billion in funds to offset excess diesel emissions and boost zero emission vehicles, the sources said.

  • Current Event
    2 years ago
    by ppp
    +16 +1

    France's Socialist President Pays Nearly $11,000 A Month For Haircuts

    French President Francois Hollande's coif — dark, thinning on top — hasn't really been a subject of conversation, until now. He's facing a scandal after it emerged that he pays a hairdresser nearly $11,000 (9,895 euros) every month. The scandal, which has been dubbed #CoiffeurGate, was first reported by French satirical and investigative newspaper Le Canard Enchaine. French government spokesman Stephane Le Foll later confirmed the story and "tried to defend his boss," according to The Associated Press.

  • Analysis
    2 years ago
    by ubthejudge
    +19 +1

    1MDB: The inside story of the world’s biggest financial scandal

    On 22 June 2015, Xavier Justo, a 48-year-old retired Swiss banker, walked towards the front door of his brand new boutique hotel on Koh Samui, a tropical Thai island. He had spent the past three years building the luxurious white-stone complex of chalets and apartments overlooking the shimmering sea and was almost ready to open for business. All he needed was a licence. Justo had arrived in Thailand four years earlier, having fled the drab world of finance in London. In 2011, he and his girlfriend Laura toured the...

  • Analysis
    2 years ago
    by AdelleChattre
    +26 +1

    In vilifying Russian swimmer Yulia Efimova, Americans are splashing murky waters

    Lilly King and sport’s other moralists ought to take a closer look before casting labels. By Sally Jenkins.

  • Current Event
    1 year ago
    by tukka
    +14 +1

    Eight current and former Premier League Managers accused of taking transfer bungs

    After Sam Allardyce left his post as England Manager by mutual agreement with the Football Association after one match and 67 days in charge, the shortest-reigning permanent England manager in history, claiming he offered advice on how to “get around” rules on player transfers. Now Eight Current and former Premier League manager’s stand accused of receiving “Bungs” for player transfers.

  • Current Event
    1 year ago
    by Chubros
    +37 +1

    Lawmakers: Wells Fargo a 'criminal enterprise' like Enron

    Wells Fargo CEO John Stumpf is running "a criminal enterprise" and should be fired or even jailed, several members of Congress claimed. Rep. Michael Capuano on Thursday said the Wells Fargo (WFC) scandal and the people who lead the bank reminded him of "the guys who ran Enron," evoking a company that was found guilty of massive financial fraud.

  • Current Event
    1 year ago
    by TNY
    +29 +1

    Jury awards $7.3 million to Penn State whistleblower in Sandusky scandal

    A jury in Pennsylvania on Thursday awarded more than $7 million in damages to a former Penn State University assistant football coach who said the school retaliated by firing him after he implicated Jerry Sandusky as a molester of young boys. The $7.3 million in compensatory and punitive damages Penn State was ordered to pay Michael McQueary was confirmed to Reuters by Kendra Miknis, chief administrator of the Centre County Court of Common Pleas in Bellefonte, Pennsylvania.

  • Expression
    1 year ago
    by AdelleChattre
    +14 +1

    No, ‘Emailgate’ Is Not Worse Than Watergate

    The comparison shows just how little Clinton’s critics understand about the two scandals. By John Dean.

  • Current Event
    1 year ago
    by 66bnats
    +33 +1

    U.S. regulator found another cheat device in Audi car: report

    A U.S. regulator found software in some Audi vehicles that lowered their carbon dioxide emissions if it detected they were being used under test conditions, Bild am Sonntag reported. The California Air Resources Board (CARB) discovered the software in an automatic transmission Audi last summer, the German weekly newspaper said, without citing any sources. CARB had no immediate comment and Audi was not immediately available for comment on Sunday's Bild am Sonntag report.

  • Current Event
    1 year ago
    by TNY
    +23 +1

    In Brazil, Major New Corruption Scandals Engulf the Faction that Impeached Dilma

    A primary argument made by opponents of impeaching Brazilian president Dilma Rousseff was that removing her would immediately empower the truly corrupt politicians in Brasília – the ones who were the driving force behind her impeachment – and they would then use that power to kill ongoing corruption investigations and shield themselves from consequences for their own law-breaking. In that regard, Dilma’s impeachment was not designed to punish corruption but to protect it.

  • Current Event
    1 year ago
    by funhonestdude
    +23 +1

    South Korea scandal: President too busy to take questions, lawyer says

    South Korea's President Park Geun-hye has once again refused to be questioned by prosecutors in a corruption scandal that has prompted mass street protests. In an SMS message to the prosecutors' office, Park's attorney Yoo Yeong-ha said the President was too busy. "President Park is currently working to control the situation in Korea and also has to pick a special prosecutor by tomorrow so given this schedule it would be difficult," the text read. "Park cannot co-operate with the prosecutors' request to question her face-to-face ... and we regret that."

  • Current Event
    1 year ago
    by wildcard
    +25 +1

    Volkswagen to pay $200 million for cheating 3.0-liter diesels

    In September 2015, Volkswagen's Dieselgate scandal first began making headlines. Now, more than a year later, the gift that's given both nonstop headlines and harmful levels of pollutants is giving something else: $200 million in federal fines. That money is part of the company's settlement with U.S. regulators over 80,000 illegally equipped 3.0-liter diesels made by Audi, Porsche, and VW. It's specifically earmarked for pollution reduction and will be added to a $2.7 billion fund created in June as part of a package that dealt with emissions from 2.0-liter diesels manufactured by Audi and VW.

  • Current Event
    1 year ago
    by belangermira
    +8 +1

    Daughter of South Korea's 'female Rasputin' arrested in Denmark

    Danish police have arrested the daughter of South Korean president Park Geun-hye’s friend, Choi Soon-sil, who is at the centre of an influence-peddling scandal that has engulfed her presidency. South Korean authorities had been seeking the arrest of Choi’s daughter, Chung Yoo-ra, for her alleged ties to the scandal, which has paralysed Park’s government and drawn hundreds of thousands of protesters onto the streets of Seoul for weeks.

  • Current Event
    1 year ago
    by aj0690
    +34 +1

    BT shares plunge 19% as Italian accounting scandal deepens – business live

    Almost £8bn wiped off BT shares after scandal. It’s been a day to forget for BT, its executives and of course its army of small shareholders. Around 700,000 people own less than 1,600 shares, a legacy of the telecoms group’s privatisation in 1984. And they as much as anyone will be shocked by the 20% plunge in the company’s shares after it revealed a worse than expected hit to its figures from an accounting scandal in Italy, not to mention a warning of a slowdown in business elsewhere.

  • Current Event
    1 year ago
    by AdelleChattre
    +9 +1

    3 More Scandals That Will Have You Saying, 'WTF Wells Fargo'

    It’s not just about phony accounts any more. By Jeff Bukhari.

  • Current Event
    1 year ago
    by TNY
    +23 +1

    Rachel Dolezal Is Flat Broke, But Unapologetic About Identifying as Black

    Rachel Dolezal, the former civil rights activist whose claim to be black caused outcry in 2015, has said she is living in penury and facing the prospect of losing her home in a new interview Yet Dolezal, who was a N.A.A.C.P. branch president when it was discovered she had been born to white parents, said in the interview with the Guardian that she will not "apologise and grovel" for her actions. She generated global headlines after questions from a local reporter led to her parents releasing childhood photos of her and denouncing her as a fraud.

  • Current Event
    1 year ago
    by wildcat
    +17 +1

    Volkswagen pleads guilty over VW emissions

    Volkswagen has formally pleaded guilty to cheating the US government by using software to evade emission rules in nearly 600,000 diesel vehicles. The German automaker pleaded guilty to conspiracy, obstruction of justice and an import crime. Manfred Doess, VW general counsel, told a court in Detroit the company was “guilty on all three counts”. The deal with the Department of Justice (DoJ) was made weeks ago. VW agreed to pay a $4.3bn (£3.5bn) penalty, although the scandal has cost the company about $21bn.

  • Expression
    1 year ago
    by hxxp
    +2 +1

    The inside story of the Tory election scandal

    A few hours after dawn on 8 May 2015, the morning after his unexpected victory in the general election, David Cameron delivered a celebratory speech to the jubilant staff of Conservative campaign headquarters, at 4 Matthew Parker Street, Westminster. “I’m not an old man but I remember casting a vote in 1987 and that was a great victory,” he said. “I remember 2010, achieving that dream of getting Labour out and getting the Tories back in, and that was amazing. But I think this is the sweetest victory of them all.”

  • Current Event
    1 year ago
    by TentativePrince
    +14 +1

    Trump's Son-In-Law Is Told To 'Lawyer Up'

    The fire in the underbrush is getting closer to Donald Trump and seems to be burning brighter as well. California Congressman Ted Lieu of Torrance, California, has advised Donald Trump’s son-in-law that he’d better “lawyer up.” Lieu claims Kushner, 36, lied and committed a crime regarding contact with foreign governments. “Kushner committed a felony by not disclosing two meetings with high profile Russians during his security clearance hearings,” Lieu told MSNBC’s AM Joy.

  • Current Event
    1 year ago
    by bkool
    +15 +1

    Russia detains protesters against Chechnya anti-gay violence

    Russian police on Monday detained young activists protesting against the persecution of gay men in Chechnya at a May Day parade in Saint Petersburg, an AFP photographer witnessed. Recent reports of a brutal crackdown on gay men in the mainly Muslim North Caucasus region led for a decade by strongman Ramzan Kadyrov have caused an international scandal.

  • Current Event
    1 year ago
    by TentativePrince
    +12 +1

    Brazilian President Temer: 'I won't resign. Oust me if you want'

    Brazilian President Michel Temer, facing growing calls for his resignation amid a corruption scandal, will not step down even if he is formally indicted by the Supreme Court, he said in an interview in Folha de S. Paulo, Brazil's largest newspaper, on Monday. Brazilians who have become inured to the massive, three-year corruption investigation were shocked last week by the disclosure of a recording that appeared to show Temer condoning the payment of hush money to a jailed lawmaker.

  • Current Event
    1 year ago
    by AdelleChattre
    +18 +1

    Bloodshed, fires and chaos as thousands march in Brazil to demand president’s ouster

    Protesters set fires, smashed windows and stormed government buildings to demand the ouster of yet another Brazilian president engulfed in a corruption scandal. By Rosalind Adams, Cora Lewis.

  • Current Event
    1 year ago
    by aj0690
    +14 +1

    Audi cheated on diesel emissions tests using software: Official

    Germany's transport minister says luxury automaker Audi used software to cheat on diesel emissions tests, an allegation that has already caused trouble for its parent company Volkswagen. Alexander Dobrindt says the software used by Ingolstadt-based Audi was able to recognize when vehicles were being tested and switch on an emissions cleaning system.

  • Current Event
    1 year ago
    by AdelleChattre
    +1 +1

    The sad spectacle of Hillary Clinton’s slow-motion breakdown

    Hillary Clinton seems to have launched yet another political campaign in 2017, one to convince Americans that they absolutely did the right thing by not electing her president in 2016. By Andrew Malcolm.