Monday, December 6, 2010: WASHINGTON— “Attorney General Eric Holder announced today the results of Operation Broken Trust, a nationwide operation organized by the Financial Fraud Enforcement Task Force to target investment fraud. To date, the operation has involved enforcement actions against 343 criminal defendants and 189 civil defendants for fraud schemes that harmed more than 120,000 victims throughout the country. The operation’s criminal cases involved more than $8.3 billion in estimated losses and the civil cases involved estimated losses of more than $2.1 billion. Operation Broken Trust is the first national operation of its kind to target a broad array of investment fraud schemes that directly prey upon the investing public.” —Or, well, maybe, perhaps,
not so much. [more inside]
posted by kipmanley
on Dec 9, 2010 -
24 comments
In 2007, City officials convened a group of stakeholders, including representatives of taxi drivers, owner and passengers, to create a set of goals for the next New York City taxi cab, a project called the Taxi of Tomorrow.
posted by Joe Beese
on Nov 16, 2010 -
40 comments
"On September 11, 2001, thousands of first responders heroically rushed to the scene and saved tens of thousands of lives. More than 400 of those first responders did not make it out alive. In rushing into those burning buildings, not one of them asked 'What God do you pray to?' 'What beliefs do you hold?'"
New York City Mayor Michael Bloomberg
has recently
defended the planned
Cordoba Initiative Islamic Community Center and Mosque to be built near Ground Zero
against critics. Yesterday, after the City’s Landmarks Preservation Commission
voted to
allow the demolition of a building that would be replaced by the center, Mr. Bloomberg gave a
speech on Governor's Island (the
location seems to have been deliberately chosen) in which he
eloquently defended religious freedom. (YT:
Video)
(Previously on MeFi)
posted by zarq
on Aug 4, 2010 -
315 comments
"I had no idea how my open-handedness could be made to look, after the fact. At the time I bought the subprime portfolio I thought: This is sort of like my way of giving something back. I didn't expect a profile in Philanthropy Today or anything like that. I mean, I bought at a discount. But I thought people would admire the Wall Street big shot who found a way to help the little guy. Sort of like a money doctor helping a sick person. Then the little guy wheels around and gives me this financial enema. And I'm the one who gets crap in the papers!" --
Michael Lewis on the subprime meltdown
posted by GrammarMoses
on Sep 8, 2007 -
42 comments
No butts about it... Bloomberg plans to ban smoking in small bars and restaurants in NYC. Why not? The
pope took it even further. And after all, it won't hurt
business owners. Perhaps a better plan would be to limit
food portions instead. How do
NYC smokers feel about this? I know
Carrie Bradshaw will not be too thrilled.
posted by bmxGirl
on Aug 9, 2002 -
125 comments
At $92.60 a Vote, Bloomberg Shatters an Election Record. Ross Perot spent about $3.59 per vote in his 1992 presidential race. The $68,968,185 price tag was more than Forbes and Corzine spent on their 2000 campaigns. Do candidates that essentially buy their elections gross you out, or do you feel better knowing that their money didn't come from PACs?
posted by jennak
on Dec 4, 2001 -
29 comments