Ann Woolner

August 28, 2009 | Daily Report Online

If he had kept his mouth shut and his head low, Bradley Birkenfeld would be a free man today. He didn't, so now the former UBS AG banker wears an electronic bracelet on his ankle and, beginning in January, will spend three years and four months in a federal penitentiary. He's headed for prison even though he blew the whistle on a multibillion-dollar international tax-fraud conspiracy.

By Ann Woolner

6 minute read

November 14, 2007 | Daily Report Online

China celebrated its annual Journalist Day this week with happy festivities, glowing tributes and award ceremonies. A cluster of grinning school girls displayed reporter's badges in one province. Women journalists, dressed more appropriately for a cocktail party than a press conference, sang and danced to honor their profession in another.

By Ann Woolner

5 minute read

July 06, 2005 | Daily Report Online

By Ann Woolner

5 minute read

April 01, 2009 | Daily Report Online

The Sunday bus tour of Connecticut neighborhoods where some of AIG's "Rich and Infamous" reside ended with no stones pitched or fists thrown. The really big bonuses are mostly being returned. And officials who were hell-bent on outing all those who took that money now are reconsidering because of threats of violence against all things AIG.

By Ann Woolner

5 minute read

October 09, 2003 | Daily Report Online

Ann Woolner The first witness in Frank P. Quattrone's obstruction of justice trial found himself more teacher than witness."What is investment banking'' the prosecutor asked Jeffrey Bunzel, a managing director in the equity capital markets group of Credit Suisse First Boston.Bunzel mentioned underwriting, so the prosecutor asked for a definition of that.

By Ann Woolner

5 minute read

April 07, 2004 | Daily Report Online

Ann WoolnerAmong the dozen jurors in the trial, one refused to listen to reason. She ignored all evidence of guilt, all argument that might have budged her, according to the jury foreman. When other jurors asked her to explain her view, she laughed, waved her hand and mumbled something inaudible. And when other jurors debated the case, she would try to hush them, the foreman said.

By Ann Woolner

6 minute read

October 11, 2004 | Daily Report Online

Ann Woolner The Coca-Cola Co., the odds-on favorite, should have won the competition. It didn't. Coke blew the opportunity, and PepsiCo Inc. seized it. This isn't about market share, a nifty new drink or anything likely to shift stock prices. It is about a chance to make a brilliant move. Coke moved like an elephant, Pepsi like a fly.

By Ann Woolner

5 minute read

August 03, 2004 | Daily Report Online

Ann Woolner Night after night, I tuned into the Democratic National Convention and waited to hear about one of my favorite issues. Bill Clinton said nothing about it, and neither did Barack Obama. I thought surely Ted Kennedy or John Edwards would mention it, but no. Finally, it was John Kerry's turn. He passed, too. "It's the judicial nominations, stupid," I wanted to tell them all.

By Ann Woolner

5 minute read

February 16, 2005 | Daily Report Online

A judge in Little Rock, Ark., has taken a rare approach to a white-hot issue. He tackled the question of whether it harms children to put them in the care of homosexuals. It seems a state board banned gays from serving as foster parents, and it fell to Circuit Judge Timothy Fox to decide the rule's constitutionality. The case offered, as Fox put it in his decision, "an excellent opportunity to replace ignorance with knowledge.

By Ann Woolner

5 minute read

January 02, 2007 | Daily Report Online

A TOP EXECUTIVE sells short 100,000 shares in his own company a few hours before the company announces weaker profits than predicted. The bad financial news for Coca-Cola Amatil Ltd., a regional bottler in Sydney, Australia, sends the share price tumbling 12 percent the next trading day and 23 percent over the next several days.

By Ann Woolner

5 minute read