This morning, U.S. District Court Judge B. Avant Edenfield sentenced Aubrey Lee Price—the Georgia pastor who became an investment adviser, then a banker, then a fugitive—to a maximum of 30 years in prison stemming from a Ponzi scheme that evoked comparisons to the one masterminded by Bernie Madoff. The amount of restitution Price will owe to those he swindled is still to be determined, though it will likely be in the $46 million range.
At 6:38 p.m. on Monday evening I got an email from Tucker Berta, president of Liz Lapidus PR, which runs publicity (and occasionally interference) for Giovanni Di Palma, the owner of the insanely popular Antico Pizza and a man whose high regard for himself is the stuff of legend.
A lawyer for Giovanni Di Palma, the Antico Pizza owner who’s accused of retaliating against employees he suspected of talking to federal Department of Labor investigators looking into his wage practices, has fired back at the government, condemning the department’s “outrageous tactics” and blasting the investigators’ “unsubstantiated” accusations.
When federal labor investigators dropped by unannounced at Antico Pizza owner Giovanni Di Palma’s westside restaurant complex in July for a surprise wage inspection, he told some employees to leave while investigators were on the premises, according to employees who talked to investigators later.
More than 60,000 people attended the three concerts held in Centennial Olympic Park, according to Pat O’Brien of the promotions group Bowery Presents South. The economic impact to the city has not been tallied, but attendees took over surrounding downtown hotels, restaurants, and bars, paid handsomely for parking, bought T-shirts, and took plenty of $13.50 rides on the Ferris wheel.
The Bureau of Labor Statistics released its monthly unemployment report card and let's just say that Mississippi will be feeling pretty good, because Georgia has now claimed the top spot. Indeed, ours is the...
Guest Blogger: The Atlanta Hawks published a confession and mea culpa before TMZ and Twitter could find it
When an NBA team owner issues a mea culpa at the same time he’s hanging a “For Sale” sign on his share of the franchise, we know we have entered a new era in sports.
For years, nervous parents and curious high school students have flocked to the annual U.S. News & World Report National University Rankings. However much or little the rankings actually mean, they’re certainly fun to look at—and other media outlets have been getting into the game. The latest to come out with a college ranking is Money magazine, which attempts to determine which “four-year colleges offer the most bang for your tuition buck.” The top two might surprise–Babson College and Webb Institute, respectively–but the top five is rounded off by more usual suspects: MIT, Princeton University, and Stanford University.