Annette Bongiorno, who ran the investment advisory business at the center of Bernard Madoff’s $17 billion Ponzi scheme, told a jury she backdated customer trades almost every day and didn’t realize it was wrong.
On Jan. 10, the reality show "Big Brother Brasil" kicked off its 12th season on the Globo network. The show -- part of the worldwide TV franchise in which contestants are confined to a house, filmed 24 hours a day and voted out (and sometimes back in) by the public -- dominates Internet and Twitter chat. It has everything Brazil likes: sex, gossip, flirting, glamour, socializing, sex and showing off.
The U.S. National Security Agency didn’t abuse its authority in collecting the bulk phone records of millions of Americans and the spy program should continue under a new structure, said Michael Morell, a former deputy CIA director.
Anthony and Jay Robert Pritzker, brothers and heirs to the Hyatt Hotels Corp. and Marmon Holdings Inc. manufacturing fortune, settle in for salads and sandwiches at their 40th-floor office in Chicago’s West Loop. A decade ago, the duo joined family members who allied against their sister, Penny, who’s U.S. President Barack Obama’s commerce secretary, and two cousins.
Endemol NV investors, including Goldman Sachs Group Inc., are facing losses of more than 60 percent as the Dutch producer of the “Big Brother” television show reorganizes 2.8 billion euros ($4.1 billion) of debt amid the Greek crisis.