As part of a settlement with the U.S. Securities and Exchange Commission, hedge fund manager Philip Falcone was banned from trading for 5 years and fined $18 million.Most significantly, and unlike in most of these types of cases, the founder of Harbinger Capital Partners was forced to admit to wrongdoing as part of the deal.
'90s Middle School Contraband
Children of the '90s, how permissible was your middle school? Here are 20 items that could result in detention if brought or worn to class. Give your school a point for every banned item and a half point for items likely to be confiscated and report back in the comments.
Uggs Banned From Pennsylvania Middle School
Starting Monday, the principal at Pottstown Middle School is enacting a ban on Uggs and "open-top boots" in response to kids' stashing phones and snacks in their fugly footwear during class. A local news station discovered that some parents aren't pleased with the blessing in disguise. (The mom at 1:00 is my favorite.)
Kentucky Church Bans Interracial Couples From Membership
After Stella Harville brought her Zimbabwe-born fiance to the Gulnare Free Will Baptist church last summer, a former pastor proposed to ban interracial couples from joining the Pike County congregation "to promote greater unity among the church body." Church members voted 9-6 in favor of the ban this week.
14 Most Baffling Words Banned By Pakistan
Next time you're in Karachi, don't even consider texting about how the Wu-Tang Clan is so creamy. The Pakistan Telecommunications Authority will soon begin filtering over 1,500 words from mobile SMS in an effort to block spam. The list includes some head scratchers.
"Sexually Provocative" Dakota Fanning Ad Banned In United Kingdom
This is gross. A gross miscarriage of free speech, that is! Gotcha. No, really...the Advertising Standards Authority in Great Britain deemed this rather bland Marc Jacobs ad inappropriate. Because Fanning is 17. And the bottle is between her legs. You need to unstiffen your upper lips a bit, UK.
Restaurant Bans Children
McDain's Restaurant in Monroeville, Pennsylvania has raised the ire of baby-makers everywhere by banning children under 6 years of age. Owner John Vuick says parents with misbehaving children are "impolite" and "selfish," and that those children are "not the center of the universe." An army of angry Facebook mommies will soon bury you with indignant comments, Mr. Vuick. You have been warned.
Marmite Banned In Denmark
Revolting and gross, maybe, but worthy of a full-on ban? The Danish government recently banned the yeasty spread for being too darn healthy, as it violates laws that govern the sale of products fortified with added vitamins. Marmite is packed with Thiamin, Riboflavin, Niacin, B12 and Folic Acid.
The Situation's Banned Jokes, Presented By The Leprechaun
The Situation's comedy routine at the roast of Donald Trump was instantly hailed the worst thing ever, but it somehow just got worse. Comedy Central deemed a joke aimed at Snoop Dogg as too racist and cut it from the broadcast. Here is that joke, plus a few more offensive cracks at the expense of Marlee Matlin and Larry King that were omitted, as told by the The Leprechaun from "Leprechaun." Y'know, because it's St. Patrick's Day. Shut up.