BUSINESS
January 29, 2012 | By Joseph N. DiStefano, Inquirer Staff Writer
Doug DeVos, second-generation boss of consumer-marketing giant Amway and newly elected chairman of the National Constitution Center's executive board, sits at the center's Independence Mall headquarters, with its bronzes of the Founding Fathers in lifelike poses, and tells how the message of America's founding document isn't that different from what his company has found in its rapid expansion through Asia: "Economic freedom leads...
NEWS
April 20, 2011
Dear Harry: A close friend of mine recently asked me to switch my electricity provider. She claims that her supplier has a lower rate than what she had been paying to Peco. It does. She also said that she is an agent of some kind for the company, and she'll get a commission for every user she recruits. She will also get a piece of any commissions that her recruits bring in. This sounded like a pyramid scheme to me, so I called the company. They vigorously denied it, saying that what they are doing is perfectly legal as a form of advertising.
NEWS
December 28, 2008 | By Kristen A. Graham INQUIRER STAFF WRITER
The fallout from the Bernard Madoff scandal continues, with several local nonprofits potentially facing gaps in their budgets as a result of an alleged multibillion-dollar pyramid scheme. The groups - including the Pew Charitable Trusts and the Juvenile Law Center - were partly funded by two foundations that have gone belly-up because the philanthropies' assets were managed by Madoff. Rebecca Rimel, Pew's president and chief executive officer, said the nonprofit would lose about $3 million pledged by the JEHT Foundation, a New York-based foundation that worked on justice and election issues.
NEWS
December 28, 2008 | By Kristen A. Graham, Inquirer Staff Writer
The fallout from the Bernard Madoff scandal continues, with several local nonprofits potentially facing gaps in their budgets as a result of an alleged multibillion-dollar pyramid scheme. The groups - including the Pew Charitable Trusts and the Juvenile Law Center - were partly funded by two foundations that have gone belly-up because the philanthropies' assets were managed by Madoff. Rebecca Rimel, Pew's president and chief executive officer, said the nonprofit would lose about $3 million pledged by the JEHT Foundation, a New York-based foundation that worked on justice and election issues.
ENTERTAINMENT
April 17, 2007 | HOWARD GENSLER Daily News wire services contributed to this report
AS LIBEL LAWS are less favorable in Europe to us ink-stained wretches, a celebrity trend even more popular than adopting foreign babies is to sue U.S. publications in foreign courts. Latest to jump on the bandwagon are Jennifer Lopez and Marc Anthony, who, with their aptly named Belfast lawyer, Paul Tweed, are suing the National Enquirer over its claim the couple was tied to a drug scandal. Tweed, who specializes in bringing U.S.-based celebrities' libel cases to British and Irish courts, told the Associated Press that Lopez and Anthony were seeking "a six-figure settlement" (aka pocket change)
NEWS
October 27, 2006 | CHRISTINE M. FLOWERS
THERE'S AN interesting scene in "The Ten Commandments" where Yul Brynner, as the pharaoh, decides to show everyone that his word is law. Like a petulant child worried that he's not being taken seriously, Egypt's absolute ruler juts out his chin, squares his shoulders and says, "So let it be written, so let it be done. " Which basically means, my way or the highway. Of course, having a temper tantrum can lead to bad things, like a plague of locusts and such. I thought of this on Wednesday when the New Jersey Supreme Court ordered the state legislature to amend current laws to permit same-sex marriage, or provide some comparable and virtually indistinguishable benefit to gay and lesbian couples.
NEWS
April 25, 2005
FOR ALL THE good it does, the U.S. Department of Agriculture's food pyramid might as well be a food circle, shaped like the doughnuts, bagels or sweet potato pies we love to eat. The USDA has rejiggered the pyramid from its 1992 version, and even gave it a cute illustrated little person walking up its side to represent "activity. " And the department also gave it a new home sweet home, www.mypyramid.gov. How nice. But will more Americans follow its recommendations? We doubt it. The pyramid's supposed to be a guide to healthy eating, but is now more confusing than ever.
NEWS
June 20, 2004 | By Ran Prieur
The most naive way of thinking about the future, after the escapist fantasy of techno-utopia, is the eco-liberal mantra that we must stop destroying the Earth right now, or it will be "too late. " This civilization is incapable of stopping or slowing down what it does. Like any system based on concentration of wealth, it is a machine whose only behavior is to keep taking more and more until it runs out of resources and implodes. It's been too late for a long time now. This raises the question: Too late for what?
NEWS
July 26, 2003 | By Desmond Ryan INQUIRER STAFF WRITER
I have just finished an advanced speed-reading course and gone through this morning's 405 spam e-mails. If I might briefly sum up: Mr. Ndeke Oblongo, a victim of unspeakable political persecution, finds himself temporarily short of funds. Anyone who sends him a modest advance of $100,000 will experience a dramatic enlargement of his mortgage by several inches and a shortening of his penis by many years. Or was it the other way around? Mr. Oblongo, who confidently expects to inherit King Solomon's mine next week and will reward investors with a 10,000 percent return on their outlay, will even send along a consignment of super-low-priced printer cartridges with a lifetime supply of Viagra couriered to your door by two hot nymphets for use with same.
NEWS
April 26, 2002 | By Amie Parnes INQUIRER SUBURBAN STAFF
The principal of an elementary school here was involved in a pyramid scheme that bilked thousands of Pennsylvanians two years ago, according to a lawsuit filed this week by the state Attorney General's Office. Willow Dale principal Denise Wettstein was a "harvester," officials said, who gathered people at her home in the evenings and persuaded them to invest a couple of thousand dollars "for a gift" with the promise of doubling and tripling their money. Wettstein received thousands of dollars from "reapers, gardeners and sowers," according to the lawsuit, which was filed in Commonwealth Court.