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December 2, 2008 4:35:05 AM CST


Ron Burkle

Ron Burkle news stories

11 Stories

 Hathaway's Ex Cops a Plea

Admits laundered money used to fund his lavish lifestyle

(Newser) - Wearing prison attire, Raffaelo Follieri pleaded guilty today to 14 federal counts of fraud and money laundering, Reuters reports. "I knew what I was doing was wrong," actress Anne Hathaway's ex said as he admitted misrepresenting his ties to the Vatican and using investors' money to fund his high-rolling lifestyle. He faces 20 years in prison, but the plea deal, which averts a trial, will likely lessen that. More »

More about:  fraud Vatican court Anne Hathaway Ron Burkle Raffaello Follieri

Hathaway's Ex Considers Copping Plea 

High-living Follieri weighs deal with feds on fraud charges

(Newser) - Italian entrepreneur Raffaello Follieri may plead guilty as soon as today to fraud and money-laundering, the Wall Street Journal reports. Anne Hathaway's ex could still opt for a trial. He faces federal charges that carry a sentence of up to 5 years, even with the plea deal, but the government's case is hardly airtight: the main victim of his scam, celebrity billionaire Ron Burkle, has already settled his civil suit against Follieri. More »

High-Rolling Hathaway Ex Charged With Fraud

Raffaelo Follieri said to use Vatican in scam, which ensnared billionaire Burkle, others

(Newser) - Actress Anne Hathaway’s ex-boyfriend was charged today with defrauding investors of millions with a real-estate scheme in which Raffaello Follieri claimed intimate connections with the Vatican, the Smoking Gun reports. Billionaire Ron Burkle appears to be the "principal investor" scammed by Follieri, 29, who used Burkle’s money to bankroll private jets, pricey vacations and generally luxe living with his "then girlfriend." The pair broke up earlier this month. More »

More about:  fraud Vatican Anne Hathaway Ron Burkle Raffaello Follieri

Glossies

 Is Bill Losing His Grip? 

Vanity Fair spots the stains on Teflon Bill’s retirement clothes

(Newser) - As Hillary’s campaign staggers to a close, a professional Clinton-watcher shines the flashlight back into a familiar face—her husband’s. Bill has had a checkered ex-presidency, Todd Purdum reports in Vanity Fair , as a phalanx of former aides spills about girlfriends (including, maybe, Walter Mondale’s daughter), cash, "cavernous narcissism," and a coterie of dubious friends and associates. More »

More about:  Barack Obama Hillary Clinton Bill Clinton presidency Ron Burkle

$20M Payday May Await
Bill Clinton

Ex-prez will cut ties to Ron Burkle's company, ruler of Dubai

(Newser) - Hoping to insulate his wife’s presidential campaign from potential conflicts of interest, Bill Clinton is negotiating to untangle himself from a business relationship with billionaire Ron Burkle that includes a potentially sensitive link to Dubai, the Wall Street Journal reports. In the process, Clinton could earn a $20 million payout. More »

More about:  Hillary Clinton Bill Clinton Dubai Ron Burkle

Hillary Is Boffo in Hollywood

After flirtation with Barack Obama, entertainment power brokers now back Clinton

(Newser) - After an early romance with Barack Obama, entertainment industry power brokers have largely switched their affection to Hillary Clinton, the Los Angeles Times reports, finding the former first lady more charming and personable than they had expected. Director Rob Reiner, who had been skeptical that Clinton could be elected, is now hosting a combined birthday bash and fund raiser for the senator later this month. More »

More about:  Hillary Clinton Hollywood Ron Burkle Rob Reiner

Rivals Team Up on 11th-Hour Dow Offer

Greenspan, Burkle hatch partial buyout option for WSJ owner

(Newser) - Supermarket billionaire Ron Burkle and former MySpace CEO Brad Greenspan may join forces to make at least a partial bid for the Wall Street Journal 's parent company, say sources close to the discussions. The pair met yesterday with members of the Dow Jones board to craft an alternative to Rupert Murdoch's $5 billion proposal, though accounts detailing the potential offer differ. More »

More about:  Dow Jones Rupert Murdoch News Corp Wall Street Journal newspaper Bancroft family Ron Burkle Brad Greenspan

Dow Makes Last-Ditch Play for New Offer

Board goes after alternatives to
Murdoch sale

(Newser) - As Rupert Murdoch tries to finalize a deal to take control of Dow Jones, the company is making a last effort to find an alternate buyer, pushed by a holdout director, Leslie Hill, who's a member of the controlling Bancroft family. The Wall Street Journal reports that among those being wooed are supermarket billionaire Ron Burkle and MySpace co-founder Brad Greenspan. More »

More about:  Dow Jones Rupert Murdoch Wall Street Journal Bancroft family CNBC Ron Burkle Brad Greenspan

Union Seeks Journal Savior

Burkle agrees to talks with Dow Jones employees

(Newser) - The Wall Street Journal employees' union, in search of a white knight as Dow Jones and Rupert Murdoch appear to be moving closer to a deal, has enlisted the help of supermarket billionaire Ron Burkle. News Corp. has offered $60 a share for the company, and one analyst tells Bloomberg, "I'm skeptical Burkle and the union can compete with Murdoch." More »

More about:  Dow Jones Rupert Murdoch News Corp Wall Street Journal acquisition Warren Buffett union Ron Burkle

Geffen, Zell
Talk Deal
For LA Times

Geffen wants it; Zell has $13 billion in debt to pay down

(Newser) - David Geffen wants to get his hands on the LA Times, and he's optimistic that he may yet succeed after talking to Sam Zell, the feisty real estate mogul who bought the Tribune Company Monday. The two discussed both a spin-off and a joint venture partnership, sources close to the negotiations told the Post. More »

More about:  Los Angeles Chicago media newspaper news Tribune Company Sam Zell Los Angeles Times Ron Burkle Eli Broad David Geffen

Tribune Sold
To Zell

Real estate magnate will take it private; Cubs for sale

(Newser) - Chicago real estate magnate Sam Zell won a last-minute bidding  war to buy the Tribune Compay with a $34-a-share offer, reports the Chicago Tribune. Zell will take the media conglomerate private in a deal that includes an employee stock ownership plan. The Cubs will be sold separately. More »

More about:  Chicago media Chicago Cubs newspaper Tribune Company Sam Zell Ron Burkle Eli Broad

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