Betsy Andreu, the wife of Lance Armstrong’s former teammate, joined HuffPost Live Friday to react to Armstrong’s doping confession to Oprah in an interview airing Thursday night. In 2006, Andreu testified that she heard Armstrong admit to his cancer doctors a decade earlier that he had used EPO, growth hormone and steroids. After her testimony, Andreu became one of Armstrong’s many targets, calling her a liar, crazy and a “bitch.” In one of the more bizarre portions of the interview, Oprah asked Armstrong about Andreu and whether she was lying in her testimony about his doping admission in 1996. Armstrong [ Read More ]
Sun Sentinel | By Jon Burstein Posted: 11/04/2012 2:49 am EST Updated: 11/04/2012 9:18 am EST He’s a model/actor/world traveler who now finds another title affixed to his name — alleged Ponzi schemer. Beyond his pin-up good looks and dazzlingly white smile, former Florida Atlantic University student Donald R. French Jr. stands out from the never-ending parade of South Floridians accused of running investment frauds. Federal authorities say he was just 21 years old when he launched a $10 million “classic Ponzi scheme” he used to transform himself from a boy from Michigan into an international jet-setter. Local attorneys who [ Read More ]
By: Mark Gongloff | Huffington Post The unfolding PFGBest debacle looks like the MF Global debacle in a lot of ways, including missing customer funds held in a JPMorgan Chase account. JPMorgan has not been accused of any wrongdoing in the case — and probably won’t be. But this is another problem to add to the biggest U.S. bank’s long and growing list of problems, from its London Whale losses to its involvement in the Libor scandal. PFGBest, a brokerage firm based in Cedar Rapids, Iowa, on Monday froze its client accounts and disclosed that its founder had been hospitalized [ Read More ]
Chris Christie’s temper strikes again. While on vacation with his family in Seaside Heights, N.J. on Thursday, the Republican governor lashed out at a passerby who, according to TMZ, made a derisive comment about his education policies. “You’re a real big shot,” Christie fired back at his heckler. “You’re a real big shot shooting your mouth off.” The man responded: “Just take care of the teachers.” Christie approached the man, yelling at him to “keep walkin’ away … keep walkin’.” A man accompanying Christie then put his hand on the governor’s shoulder and walked with him in the opposite direction. [ Read More ]
Originally Posted on Huffington Post By: Bonnie Kavoussi | bonnie.kavoussi@huffingtonpost.com Young people are getting left behind. High unemployment is hurting many young people as they languish without developing job skills. The United States added just 80,000 jobs in June, the Labor Department reported on Friday: This amount is less than half of what would be needed for the economy to recover in a timely fashion, according to economists. Older people are benefiting the most from the economic recovery, as they are snatching up a disproportionate share of the new jobs created, some economists say. Workers older than 55 have taken [ Read More ]
SunTrust Banks, one of the nation’s largest financial services providers, plans to “vigorously defend” itself against a sexual harassment lawsuit brought by a federal agency in a Florida court last week. The suit alleges that a branch manager in Sarasota subjected female employees to “unwelcome, sexually graphic and vulgar sexual harassment” over three years. Court filings from the Equal Employment Opportunity Commission describe an escalating pattern of “sexually offensive comments and conduct” that continued for years despite multiple complaints by employees, who were later fired or left their jobs. The alleged perpetrator, however, still works for SunTrust. He was recently [ Read More ]