prison

Ex-Goldman Exec Given 2 Years for Inside Trades

A former Goldman Sachs and Procter & Gamble board member once widely respected for his business smarts has been sentenced to 2 years in prison for insider trading. He also was fined $5 million.

Debtors' Prison Is Back, and Just as Cruel as Ever

To most of us, "debtors' prison" may sound like something straight out of a Dickens novel. But across the country today, predatory lenders are using a legal loophole to manipulate courts into jailing poor citizens who legitimately cannot pay what they owe.

Why Countrywide's Fraudster-in-Chief Isn't Going to Prison

Angelo Mozilo, the former head of Countrywide Financial, isn't going to jail. In fact, he won't even face a trial. Wondering how the most convictable CEO among the titans who brought down the financial system is getting off so easy? The answer lies in the revolving door between Wall Street and its "regulators."

Casino Jack Abramoff Pitching Pizza in Baltimore

Freshly sprung from a minimum-security prison after completing most of a four-year sentence for fraud, tax evasion, and bribing public officials, former lobbyist Jack Abramoff now lives in a halfway house and toils in the back office at Tov Pizza, a kosher pizzeria in Baltimore.

Want H1N1 vaccine? Rob a bank

My family has been trying for weeks to get the H1N1 vaccine but the few clinics that have been held around the Milwaukee area have been mobbed.

Now...

No 'Club Fed' for Madoff

At disgraced financier Bernard Madoff's sentencing on Monday, Judge Denny Chin described his crimes as "extraordinarily evil." If legal experts are...