Five months after Cory Booker ended his tenure as mayor to join the U.S. Senate, Newark is struggling with a leadership transition that’s left New Jersey’s biggest city on the brink of a state takeover.
A former Jefferies & Co. managing director charged with defrauding customers out of $2 million using tactics one U.S. official said were worthy of a used-car salesman, is the subject of a novel trial tied to the $700 billion Wall Street bailout.
Cory Booker strides to the lectern at a June reception honoring hedge-fund founder Bill Ackman. Pershing Square Foundation, Ackman’s philanthropic organization, had pledged more than $25 million since 2007 to help Booker’s poverty-wracked Newark, New Jersey, improve schooling, enhance parks and find jobs for ex-convicts.
Every morning, from his desk by the bathroom at the far end of Royal Bank of Scotland Group Plc’s trading floor overlooking London’s Liverpool Street station, Paul White punched a series of numbers into his computer.
Jane Pierce spent nine years struggling alongside her husband, Todd, as he fought cancer in his sinus cavity. The treatments were working. Then, in July 2009, Todd died in a fiery car crash. He was 46. That was the beginning of a whole new battle for Jane Pierce, this time with Todd’s life insurance company, MetLife Inc.
The best chance for 19-year-old Dzhokhar Tsarnaev to avoid execution for the deadly Boston Marathon bombing may be to cooperate fully with investigators, or convince a jury he was “brainwashed” by his older brother.