'Your papers, please' must never be heard in America
Independent voices from the TWT Communities
Bernard Madoff, the former millionaire Ponzi schemer who traded his finance firm title for one in Butner Federal Correction Complex — as Inmate No. 61727-054 — now says he's racked with guilt and can't sleep most nights.
The folks at the NCAA finally got around to charging the University of Miami with a lack of institutional control, and if there's one thing you can be confident they still know something about, that's it. No phrase better describes the way the NCAA has gone about its business during the brief tenure of President Mark Emmert.
The NCAA says that the information it collected as part of the Miami investigation through depositions performed as part of a former booster's bankruptcy proceedings will not be part of the case against the Hurricanes.
So far in Al Golden's tenure, Miami's football program has voluntarily forfeited the right to appear in two bowl games, along with one trip to the Atlantic Coast Conference championship game, up to 30 practices and an undisclosed number of scholarships in response to an unbelievably long NCAA investigation.
Calling the move prudent and unprecedented, Miami is self-imposing a second straight postseason ban on its football program because of an NCAA investigation that is expected to eventually lead to stiff sanctions against the Hurricanes.
Miami coach Al Golden's second season at the school is beginning much like his first one, with new accusations of rule breaking, the looming threat of serious NCAA sanctions and no apparent end in sight for the long probe into the Hurricanes' compliance practices.
Miami coach Al Golden's second season at the school is beginning much like his first one, with new accusations of rule breaking, the looming threat of serious NCAA sanctions and no apparent end in sight for the long probe into the Hurricanes' compliance practices.
Miami coach Al Golden's second season at the school is beginning much like his first one, with new accusations of rule breaking, the looming threat of serious NCAA sanctions and no apparent end in sight for the long probe into the Hurricanes' compliance practices.
Miami center Reggie Johnson's eligibility has been restored by the NCAA, and he is expected to play for the Hurricanes in their game at North Carolina State on Wednesday night.
The University of Miami is giving back $83,000 it says it received "directly and indirectly" from Nevin Shapiro, the former Hurricanes booster and convicted Ponzi scheme architect whose claims of giving athletes and recruits extra benefits for nearly a decade sparked an NCAA investigation.
The University of Miami is giving back $83,000 it says it received "directly and indirectly" from Nevin Shapiro, the former Hurricanes booster and convicted Ponzi scheme architect whose claims of giving athletes and recruits extra benefits for nearly a decade sparked an NCAA investigation.
Tobey Maguire has decided to fold `em and settle a lawsuit over his winnings from a convicted con man during high-stakes Hollywood poker games.
Mitch Daniels, elected governor of Indiana in 2004 and re-elected in 2008 after previously serving as President George W. Bush's director of the Office of Management and Budget and as a senior aide to President Ronald Reagan, has been called "America's best governor" and "the most presidential man in America."
The Texas governor is under attack for telling the unpleasant truth. At the GOP debate in Florida on Monday, CNN's Wolf Blitzer asked presidential contender Rick Perry whether he was changing his tune after other Republicans and pundits slammed him for saying Social Security is a "Ponzi scheme." The Lone Star State chief executive stood his ground: "It has been called a Ponzi scheme by many people long before me."
Boosters will no longer be permitted on the Miami sideline during home football games, a change that comes after a former donor who had field access at times sparked an NCAA investigation by claiming he provided 72 players and Hurricane recruits extra benefits over an eight-year span.
One concealment led to another — and then it all snowballed, he said.
Bernie Madoff, from jail: I'm racked by remorse and 'can't sleep' →
"It was certainly never my intention for this to happen," he said, in CNN. "I thought I could work myself out of a temporary situation, but it kept getting worse and worse."
Bernie Madoff, from jail: I'm racked by remorse and 'can't sleep' →
