December 22, 2010
Cuomo Sues Ernst & Young Over Lehman
The New York attorney general on Tuesday sued Ernst & Young, accusing the accounting firm of helping Lehman Brothers, its client, “engage in a massive accounting fraud” by misleading investors about the investment bank’s financial health. The…
December 22, 2010
Deutsche Makes Deal In Tax Case
Deutsche Bank agreed to pay $553 million and admit to criminal wrongdoing on Tuesday, settling a long-running investigation into tax shelter fraud that prosecutors say generated billions of dollars in bogus tax benefits. In an agreement with the…
December 22, 2010
Michael Jackson’s Neverland to become Music School?
The owners of Michael Jackson’s famous Neverland ranch are reportedly interested in turning the property into a…
December 22, 2010
Will Smith, Mark Wahlberg Offered $1M to Fight Each Other
A boxing promoter is reportedly offering Will Smith and Mark Wahlberg $1 million to face-off in the ring on Feb. 26 in Las Vegas. The theme: a match between two movie-trained boxers – Smith for “Ali” and Wahlberg for “The Fighter.” Damon Feldman of…
December 22, 2010
Shaquille O’Neal Conducts the Boston Pops
The Boston Globe now refers to him as “The Big Maestro.” NBA star Shaquille O’Neal – in traditional black tie and tails – was the featured guest conductor for the Boston Pops Orchestra and Tanglewood Festival Chorus during a concert Monday (Dec.…
December 22, 2010
Hot 97 DJ Apologizes for Offending Haitians
DJ Cipha Sounds of New York’s Hot 97 has angered local leaders and members of the Haitian community after saying on-air Friday morning, “The reason I’m HIV negative is because I don’t mess with Haitian girls.” The jock, whose real name is Luis…
December 22, 2010
Stanford suspicions seen in the WikiLeaks cables
Financier Allen Stanford was suspected of irregular dealing, long before he was accused in a $7.2 billion Ponzi scheme, WikiLeaks cables report. WikiLeaks is the international cyber organization at the center of massive diplomatic and military…
December 22, 2010
Lawsuit Accuses Kelis Of Failing To Pay Talent Agency
R&B singer Kelis has been hit with a lawsuit for failing to pay a talent agency for "goods and services" for Kelis' performances on a variety of shows, including The Tonight Show with Jay Leno, the Today Show and Late Night with Jimmy Fallon.…
December 22, 2010
Men Arrested For Breaking Into 50’s Mansion And Drinking Wine
Two men were arrested in Farmington, Connecticut, for breaking into the lavish mansion owned by world famous rap star, 50 Cent. According to the New Britain Police Department, officers responded to a call from the rapper's mansion around 6:00AM,…
December 22, 2010
Assassin reacts…as Grenada churches protest his performance there
Dancehall artiste Assassin says he believes the Grenada Conference of Churches is protesting his performance in the island based on his name. The artiste, who also goes by the name Agent Sasco, said their protest is baseless. "I don't think they…