Rumors, Shocking News, Celebrity Gossip, Juicy Entertainment Rumors

Pennsylvania Supreme Court may be affected by Orie scandal

January 25th, 2012

For close to two years, Western Pennsylvania has been gripped by the scandalous political saga of the Orie sisters: Jane, the state senator; Joan, the Pennsylvania Supreme Court justice; and Janine, the fiercely loyal sibling. As the scandal has unfolded – over Bonusgate-like allegations that Jane and Janine made state employees do election chores for [...]

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Olympus scandal triggers Japan shareholder activism

January 25th, 2012

After British whistleblower Michael Woodford was sacked as CEO of Olympus and revealed the Japanese firm had covered up losses of $1.7 billion, he mounted a campaign to get his job back. His effort though went nowhere, with Japanese financial institutions preferring to stick with the remaining board and several disgraced directors, some of them being sued by Olympus itself. Now [...]

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Key scandal figure attending Paterno viewing

January 25th, 2012

A former assistant coach who says he witnessed a boy being molested in a locker room shower is among those paying his respects to the late Joe Paterno. Mike McQueary and more than a hundred invited guests are attending a private viewing Tuesday at a campus spiritual center. Hundreds are in line for a public viewing. Trustees fired Paterno in [...]

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Celebrity, scandal merge at French HuffPost launch

January 25th, 2012

Celebrity, scandal and new media converged in Paris Monday as shamed IMF chief Dominique Strauss-Kahn’s wife returned to the spotlight to launch Le Huffington Post, a French take on the US news website. Anne Sinclair insisted her private life would not in any way affect news coverage in the first foreign-language edition of the influential American site that [...]

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Pakistan scandal probe at risk from witness no-show

January 25th, 2012

A probe into a major scandal threatening Pakistan’s president on Tuesday appeared at risk of collapsing as investigators ruled out travelling abroad to hear the testimony of the star witness. American businessman Mansoor Ijaz, who implicated PresidentAsif Ali Zardari in a May memo seeking US help to rein in Pakistan’s powerful military, has refused to travel to Pakistan, [...]

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Olympus offices, homes raided in accounting scandal

December 25th, 2011

Dozens of black-suited investigators, marching double-file, raided the office building of three small Olympus Corp subsidiaries Wednesday, one of 20 sites searched in a probe of a $1.7 billion accounting scandal that threatens the once-proud Japanese medical device maker’s survival. Other teams were seen waiting patiently to be buzzed inside a luxury condominium – the home of a former [...]

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Scandal, labor woes make 2011 one of sports’ worst

December 25th, 2011

Even after all the turmoil 2011 brought to sports, what with the NBA and NFL players and owners huddling with lawyers and accountants, more unsettling reports of brains ravaged by hard hits, and college players being given cash, tattoos, access to strip clubs and pretty much anything else you can imagine, the games still mattered. [...]

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Plenty of guilt to go around in Vietnamese shipbuilding scandal

December 25th, 2011
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Two more former officials were placed under investigation Friday, as the Ministry of Public Security’s investigators expanded their probe into the huge losses of state-owned shipbuilder Vinashin. A report in Tuoi Tre quoted the investigators as saying Saturday that Nguyen Van Tuyen, 49, former director of Hoang Anh Ship Building Joint-stock Company, a member company [...]

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Cash-for-Endorsement Scandal Signals Why Iowa Caucuses Should Be Canned

December 25th, 2011

The solicitation of a cash donation for apolitical endorsement by a member of Iowa’s powerful evangelical Christian community calls for the reform of the presidential nominating system and the relegation of the Iowa caucuses to the ash-heap of history. Bob Vander Plaats of Family Leader denied asking candidates for cash, according to the Des Moines Register, though he admitted he asked for money [...]

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Apple buys flash storage maker Anobit for $500 million, aims to establish R&D lab in Israel

December 25th, 2011

The rumor mill has been churning on this one for the last few days, but it’s now as official as it’s ever apt to get: Apple has decided to splash out the $500 million to buy Israeli flash-chip outfit Anobit. The fabless designer of MLC NAND flash chips should be a good fit, given Cupertino’s [...]

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