misuse of funds

Philly Scandal Puts Spotlight on Public Housing's Problems

Carl Greene ran the Philadelphia Housing Authority for years with little oversight, until recent revelations about a series of scandals from sexual harassment to financial mismanagement landed him in hot water. But Greene's misdeeds may be just a symptom of the problematic culture of U.S. housing authorities.

Legal Briefing: DBH CEO Took Looting to a New Level

David H. Brooks, former CEO of body-armor maker DHB Industries, is the new face of using your company as your personal piggy bank. Among his purchases: Plastic surgery, porn, prostitutes, and a multimillion dollar bat mitzvah for his daughter featuring Aerosmith and rapper 50 Cent.