A decade after Bernard Madoff was arrested for running the world’s biggest Ponzi scheme, the bitter fight to recoup investors’ lost billions has astounded experts and victims alike. While no one will ever collect the phantom profits Madoff pretended he was earning, the cash deposits by his clients have been the primary objective for Irving…
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Exit Mexico’s $13 Billion Airport
Lopez Obrador ditched an airport project backed by some of the nation’s wealthiest businessmen By Andrea Navarro What once was a busy construction site, with many thousands of workers building an airport on land the size of Manhattan, is slowly becoming a ghost town since Mexicos’s incoming president, Andres Manuel Lopez Obrador, pulled the plug on…
How Gavin Newsom Got to Be a Front-Runner
“I do not believe it’s appropriate for me, as mayor of San Francisco, to discriminate against people,” Gavin Newsom said in February of 2004. “And if that means my political career ends, so be it.” The young mayor’s city career wasn’t really in jeopardy; by the end of 2004, he had the approval of four of five…
