Financial journalist Jesse Eisinger argues in a new book that federal agencies like the Department of Justice and the Securities and Exchange Commission are “broken” systems that allow corporate bosses to evade the criminal consequences of wrongdoing. He explains why in a conversation with TCR.
Joe Colello, who managed tax credit sales for the Oregon Department of Energy, pleaded guilty to bribery, tax evasion and other crimes for accepting 52 separate checks from a Seattle energy consultant who is also under indictment.
Baca, called by the Los Angeles Times “once a towering, respected figure in policing,” was sentenced to three years in federal prison for his role in a scheme to obstruct an FBI investigation of abuses in county jails.
Taxpayers in Opa-locka are just now learning the costs they will be forced to pay for years of financial failures and graft in the small Miami-Dade city–a scandal that landed on front pages in May after a city commissioner’s suicide.
Bill Baroni, Bridget Anne Kelly vow to appeal jury findings that they violated the law by orchestrating traffic tieups at the George Washington Bridge to retaliate against the mayor of Ft. Lee, N.J. Baroni’s attorney said federal prosecutors should have charged more “powerful people.”
Kathleen Kane was sentenced to a term of 10 to 23 months for orchestrating an illegal news leak to damage a political enemy. Judge Wendy Demchick-Alloy said, “The case is about ego, ego of a politician consumed by her image from Day One. “
A criminal complaint said the principals in the scheme referred to bribes as “ziti.” The charges against Joseph Percoco and Todd R. Howe, former aides to Gov. Andrew Cuomo, and a state official, Alain Kaloyeros, were the culmination of a federal probe into the Cuomo administration’s attempts to lure jobs and businesses to upstate New York by furnishing billions of dollars to developers.
Federal prosecutors walked away from the case after the Supreme Court threw out McDonnell’s conviction for taking money from a nutritional supplement salesman. Charges against McDonnell’s wife, Maureen, also will be dismissed.
John Bills was convicted of masterminding one of the most brazen City Hall corruption cases in Chicago’s storied history of graft. He was kingpin of a vast bribery scheme linked to growing the city’s controversial $600 million network of red light cameras into the largest in the nation.