In this clip from Russian TV, oligarch billionaire Alexander Lebedev sucker-punches another billionaire, Sergei Polonsky, hitting him twice.
Clad in very tight grey jeans, Lebedev showed a glimpse of his past as a KGB agent as he launched two blows at the former property developer Sergei Polonsky during a television debate on the financial crisis. Polonsky, once ranked Russia's 40th richest man, had said he wanted to "stick one in the mouth" of Lebedev. In the clip posted on the NTV channel's website, Polonsky was sent tumbling to the floor and Lebedev then stood over him in a crouched fighting stance.
The newspaper baron said later that he had been reacting to Polonsky's threatening manner. The colourful proprietor was quoted as saying: "In a critical situation, there is no choice. I see no reason to be hit with the first shot. I neutralised him."
Since 2009, the Chicago Police Department has seized $72M worth of property from people who were not convicted of any crime, through the discredited civil forfeiture process, keeping $48M worth of the gains (the rest went to the Cook County prosecutor’s office and the Illinois State Police) in an off-the-books, unreported slush fund that it […]
Despite the denials of its new CEO, Wells Fargo had a serious, widespread cultural problem that led it to commit at least 2,000,000 financial crimes. But the crimes and the culture are widespread across America’s banks, and they spread further than that, because the system is rigged to reward financial crime.
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