They Fought the Law, and the Law Won.

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Publish date:

Milken

may be making the news, but

Articles Elsewhere

takes a look at the grand Wall Street tradition -- service with a smile, while stabbing you in the back.

U.S. Business

The

Boston Globe

reports that

Cablevision Systems

(CVC)

and Massachusetts Attorney General Scott Harshbarger have accused

Boston Edison

(BSE) - Get Report

of shortchanging its customers by close to $100 million by leasing assets to a cable TV venture in which it is a stockholder at a fraction of their true value.

The

Washington Post

reports that

AT&T

(T) - Get Report

,

MCI

(MCIC)

and

Sprint

(FON)

have been accused of overcharging customers for new government-mandated fees and not passing on to consumers savings from reductions in connection charges.

Meanwhile,

Pacific Bell

may be turning into the Pac10. It seems that Pac Bell service representatives have been asked to take a new and more aggressive role in sales -- a bit too aggressive. In the

San Francisco Chronicle

.

The

Minneapolis Star Tribune

reports that the

Justice Department

is investigating

Northwest Airlines'

(NWAC)

alleged bullying of smaller rivals on specific routes.

The

Los Angeles Times

reports that

Sony

(SNE) - Get Report

executive, arrested after he attempted suicide -- just hours before his scheduled sentencing on fraud charges. In the

Chicago Tribune

.

Business Abroad

Bruce Hacking, a former compliance officer at

Morgan Grenfell Asset Management

, was reprimanded by London regulators because he failed to alert senior executives to irregularities in the management of retail investment funds. Also in the

Telegraph

.

Passing around the collection plate, eh? The

Globe and Mail

reports that Henry Lyons, president of the

National Baptist Convention USA

, and former convention employee Bernice Edwards have been arrested and charged in Florida with racketeering and grand theft related to the alleged defrauding of

Loewen

(LWN)

and other companies.

It's bad enough that the fans are hooligans, but... The rising price of watching first-rate football (read: soccer), due to players demanding too much money, is deterring growing numbers of supporters from taking children to matches. Also in the

Financial Times

(free registration required).

The

Telegraph

reports that Spain's former police chief, Luis Roldan, will be jailed for 28 years after being found guilty of theft, fraud and tax offenses.

So, who will take care of all these corrupt and dastardly individuals? Lara Croft, of course. The

Telegraph

(free registration required) reports that

Eidos

(EIDSY:Nasdaq ADR), maker of Tomb Raider I and II, exceeded market expectations for its third-quarter earnings.

And, an Appeal for a Lesser-Known Marsupial

These wombats need your help! In the

Sydney Morning Herald

.