Tag: massive
-
Archegos’ Bill Hwang sentenced to 18 years in prison for massive U.S. fraud
Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion. Hwang was sentenced by U.S. District Judge Alvin Hellerstein in Manhattan, where a jury convicted Hwang in July on 10 criminal charges including wire fraud,…
-
Mehmet Oz once proposed massive changes to Medicare. Now he could run it.
WASHINGTON — When President-elect Donald Trump picked Dr. Mehmet Oz for a powerful executive branch job overseeing Medicare, incoming Senate Finance Committee Chair Mike Crapo, R-Idaho, quickly praised the TV-famous physician and said he looked forward to considering his coming nomination. “Far too often, patients relying on federal government health care programs are forced to…
-
At least 126 dead and missing in massive flooding and landslides in Philippines
TALISAY, Philippines — The number of dead and missing in massive flooding and landslides wrought by Tropical Storm Trami in the Philippines has reached nearly 130 and the president said Saturday that many areas remained isolated with people in need of rescue. Trami blew away from the northwestern Philippines on Friday, leaving at least 85 people dead…