The jury that convicted former U.S. Rep. William Jefferson on 11 counts of corruption said Thursday that he should forfeit almost half a million dollars in assets derived from criminal activity.
Jurors in the corruption trial of former U.S. Rep. William Jefferson of Louisiana ended their second day of deliberations without a verdict Friday, said a spokesman for the U.S. attorney's office in Alexandria, Virginia.
Where were you on the night of July 15? You may not even remember, but for me it was an extraordinary evening, an evening of unimaginable triumph and unbearable tragedy.
While his rivals were preparing for the draft last month, Denver Nuggets VP of basketball operations Mark Warkentien was spending a week at Harvard Law School. Here is a little of what he was taught.
In Washington and throughout the nation's legal system, speculation took off Friday over who may join the Supreme Court after the retirement of Justice David Souter.
Worried that the Treasury Department's $700 billion Troubled Asset Relief Program might turn into a boondoggle for banks and a black hole for taxpayers? Elizabeth Warren is too. But as chairwoman of the Congressional Oversight Panel - one of the three organizations overseeing TARP - she's doing something about it.
The jury that convicted former U.S. Rep. William Jefferson on 11 counts of corruption said Thursday that he should forfeit almost half a million dollars in assets derived from criminal activity.
Jurors in the corruption trial of former U.S. Rep. William Jefferson of Louisiana ended their second day of deliberations without a verdict Friday, said a spokesman for the U.S. attorney's office in Alexandria, Virginia.
Where were you on the night of July 15? You may not even remember, but for me it was an extraordinary evening, an evening of unimaginable triumph and unbearable tragedy.
While his rivals were preparing for the draft last month, Denver Nuggets VP of basketball operations Mark Warkentien was spending a week at Harvard Law School. Here is a little of what he was taught.
In Washington and throughout the nation's legal system, speculation took off Friday over who may join the Supreme Court after the retirement of Justice David Souter.
Worried that the Treasury Department's $700 billion Troubled Asset Relief Program might turn into a boondoggle for banks and a black hole for taxpayers? Elizabeth Warren is too. But as chairwoman of the Congressional Oversight Panel - one of the three organizations overseeing TARP - she's doing something about it.
Sometime last fall, my wife and I began having urgent conversations about putting more money away. It wasn't fun. A typical day went like this: Work. Feed children. Get children to bed. Clean up after children. Look at bank statements and bills. Stress out. Blame each other (occasionally). Sleep. Repeat.
While the bankruptcy filing rate for those under 55 has fallen, it has soared for older Americans, according to a new analysis from the Consumer Bankruptcy Project
People in Georgia, as in other crisis spots around the world, have been using the World Wide Web to tell the world their personal stories of fear and survival and to deliver firsthand analysis.
Mortgage brokers and loan officers are getting paid fat fees by lenders to put unsuspecting borrowers into expensive loans. And the new lending rules issued last week by the Federal Reserve do nothing to stop this abusive practice.
Elected with the largest margin of victory in the history of Taiwan's presidential elections, President Ma Ying-jeou is aiming to bring the good times back to Taiwan while looking to a friendlier future with China.
Your credit-card terms are usurious; your mortgage contract disguises the real cost of your home; and you need a magnifying glass to catch all the fees in your auto loan. As a result, you may be paying thousands more than you should for these products, says Harvard Law professor Elizabeth Warren.
Weddings are supposed to be a time to celebrate new beginnings. But for Shay Nowick, whose friend asked Nowick to be a bridesmaid at her wedding, it was the beginning of the end -- of their friendship.
Take a brilliant, strong-willed, American woman. Let her marry a rising politician, start a family, build a successful legal career, and then emerge as a polished public figure in her own right.
In a preview of the political onslaught Michelle Obama may face in the fall, the Tennessee Republican Party unveiled a Web video Thursday highlighting her comment that she was proud of America "for the first time in my adult life."
In claiming victory in West Virginia last night, Hillary Clinton reiterated her last best argument as to why she should be the Democratic nominee: because only she can win in November.
Admit it. you want to see some justice handed out on Wall Street. Thanks to the Great Mortgage Panic of 2008, your home value is tumbling, credit is harder to get and the job market may turn a lot tougher. And let's not even talk about your 401(k) balance.
I'm cool under pressure. Cool as a cucumber, actually, eerily so. My friends and family comment on it. I think I get it from my father, the quintessential smooth operator.
New York Gov. Eliot Spitzer's political future clouded abruptly Monday with his admission that he had violated the trust of his family and the public in the wake of reports a federal investigation had linked him to a prostitution ring.
He insists he isn't an activist. Plenty of America's CEOs must hope he means it. "I'm mainly a kind of ivory tower academic," says professor Lucian Bebchuk of Harvard Law School, and that he surely...
They may not be on any Walk of Fame, but without them, stars wouldn't be either. A look at the folks who find the jobs, make the deals, and handle the media exposure so those they represent stand out from the crowd.
It's good thing that John Roberts has been universally described as decent, funny, civil and fair, since he may be joining a court with a long history of pugilists, ideologues and misanthropes who have somehow made it past the U.S. Senate.
President Bush announced Tuesday night his nomination of U.S. Circuit Judge John Roberts Jr. to the Supreme Court. The following is a transcript of Bush's and Roberts' remarks at the White House.
Even if you're more realist than optimist, the first stop on the path to wealth absolutely has to be college. People with a bachelors degree make 70 percent more than those with only a high school diploma, an advantage that adds an additional million bucks in earnings over their working lives.
It's the American way. Trip and fall, find a fast-talking lawyer and a gullible jury, and you too can sue somebody and get rich. Kind of like that grandma who spilled scalding-hot coffee on herself...
If you wanted to come up with a one-word description of modern family life, the word would be "swamped." With working parents and their 2.1 kids juggling jobs, school, sports, housework, religious instruction, music lessons and more, just getting through each day is exhausting.
Barack Obama, one of the Democratic Party's rising stars, used his own story in a call Tuesday night for America to "reclaim its promise" as a place of opportunity and "the audacity of hope."
NEW YORK (CNN/Money) - If the heading to this column caught your eye, chances are you've sometimes found yourself gnawing on your arm in frustration with someone who does one or more of the following:
If there are not more lawyers working in Washington, DC than any other city in the world, on a per capita basis, it's a surprise to me. The nation's capital has a disproportionate number of civil and criminal courts (from the D.C. Superior court to the U.S. Supreme Court). And of course, it is home to Congress along with a remarkable array of administrative agencies. All this legal apparatus, needless to say, results in a surfeit of lawyers, both inside and outside of the government.
What sets the Winnebago tribe of Nebraska apart from other Native Americans isn't the millions it has made from blackjack tables and slot machines--it's how the tribe has used the dough. By investi...
Attention, middle-class families: You can no longer afford to have children. That's the message of The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke, by far the scariest boo...
His resume is enough to inspire old-fashioned awe: Harvard undergrad, Rhodes scholar, Harvard Law, Lazard Freres partner, board member at Pfizer, PepsiCo, and AOL Time Warner, stints in both the Ca...
If there's a recurring theme in Troy Williams' life, it's a lack of patience. Four days after graduating from Harvard Law School, he drove from his Mystic, Conn., hometown to Houston and launched Q...
It's Monday, 11 A.M., and I'm in the boss' office thinking I'm finally going to get that long-awaited promotion. "I want to tell you that we think you have great potential," she says with a stern f...
It's Monday, 11 A.M., and I'm in the boss's office thinking I'm finally going to get that long-awaited promotion. "I want to tell you that we think you have great potential," she says with a stern ...
It's rare and more than a bit cheeky for a federal appeals judge to declare a controlling U.S. Supreme Court precedent to be "wobbly," "moth eaten," and "unsound." It's rarer still for the Supreme ...
The lawyer taking on the wealthiest man in America grew up in a public-housing project in Astoria, Queens. As a scholarship student at Columbia College, Joel Klein earned pocket money delivering ne...
Thinking of getting an MBA? Or hiring one? Or just want a wickedly funny read? Then check out Snapshots From Hell: The Making of an MBA (Warner Books, $22.95). The format will be familiar to fans o...
At 16, Reginald Lewis wanted a pair of loafers his mother felt were too expensive. ''Mother,'' he argued, ''they are worth every penny I'm going to pay for them.'' The shoes lasted Lewis through hi...
IN A CAREER that has had more than its share of twists and turns, Theodore Cross, 62, has done his best to puncture a few stereotypes: that lawyers can't write, that writers can't add, and that bus...
The burden on a Secretary of Defense is staggering. He is expected to spend prudently $100 billion or so a year on everything from sidearms to submarines and to deploy wisely a labor force of 2.3 m...
According to Bernard Wolfman, Fessenden Professor of Law at the Harvard Law School, ''Writers have not generally used quotation marks around the term 'tax expenditure' since 1974.'' That just shows...
IN A CAREER that has had more than its share of twists and turns, Theodore Cross, 62, has done his best to puncture a few stereotypes: that lawyers can't write, that writers can't add, and that bus...
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