Daily News Channel
The administrators of Michael Jackson’s estate have filed court papers disclosing they’ve recovered $5.5 million in cash from one of Jackson’s "former financial advisers." They expect to present contracts to the court “within the week” that should add “tens of millions of dollars” to Jackson’s estate, which they said is solvent and worth an estimated $500 million, the documents said.
U.S. officials are downplaying any imminent threat to the United States of a North Korean missile strike or confrontation between the two countries at sea. The U.S
North Korea has begun reprocessing fuel rods, its Foreign Ministry said Saturday, according to state-run media. “The reprocessing of spent fuel rods from the pilot atomic power plant began as declared in the Foreign Ministry statement dated April 14,” a ministry spokesman said
When the nearly bankrupt city of Berlin was looking for a way to finance its public-transportation system a decade ago, some American investors had an idea that seemed too good to be true. Unfortunately for Berlin, it was. The scheme seemed a bit convoluted from the start, but it offered oodles of money to the participants.
Federal prosecutors are seeking the forfeiture of Bernard Madoff’s four homes and other assets after Madoff’s guilty plea to masterminding a massive investment fraud. Madoff is in jail at the Metropolitan Correctional Center in lower Manhattan after pleading guilty to operating on the largest Ponzi schemes in history.