Government And Institutions

Feds: Pension exec moved $2B for coke, hookers, other bribes

A former top official at the country's third-largest pension fund and two broker-dealers were charged Wednesday in what a federal prosecutor described as a classic bribery scheme that steered $2 billion in trades in exchange for drugs, prostitutes, vacations and U.S. Open tennis tickets.

Feds: Pension exec moved $2B for coke, hookers, other bribes

A former top official at the country's third-largest pension fund and two broker-dealers were charged Wednesday in what a federal prosecutor described as a classic bribery scheme that steered $2 billion in trades in exchange for drugs, prostitutes, vacations and U.S. Open tennis tickets.

Obama oil pipeline rules face uncertain future under Trump

President Barack Obama's administration is expected to push through long-delayed safety measures for the nation's sprawling network of oil pipelines in its final days, despite resistance from industry and concern that incoming president Donald Trump may scuttle them.

Obama oil pipeline rules face uncertain future under Trump

President Barack Obama's administration is expected to push through long-delayed safety measures for the nation's sprawling network of oil pipelines in its final days, despite resistance from industry and concern that incoming president Donald Trump may scuttle them.