conviction

(Newser) - World Bank president Paul Wolfowitz is guilty of a conflict of interest for finagling promotions and raises for his girlfriend, according to a panel of seven bank directors. The result isn't binding and doesn't recommend a punishment, but bank insiders tell the Times that a majority of the 24 board...

(Newser) - Joseph Nacchio, former CEO of Internet-bubble-blowing telecom Qwest, was found guilty of 19 counts of insider trading by a federal jury in Denver yesterday. Nacchio dumped more than $100 million in Qwest stock in 2001, before the stock imploded over questionable accounting practices. The jury acquitted on 23 other counts.

(Newser) - David Hicks became the first person convicted under President Bush's much-maligned military tribunal system after entering a surprise guilty plea  to charges of providing material support to terrorists. The contentious proceedings may prove a new source of controversy, however, as the judge excluded Hicks' stwo civilian lawyers from court and...