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BREAKING NEWS ~ Adelphia founder John  Rigas sentenced to 15 years News
BREAKING NEWS ~ Adelphia founder John Rigas sentenced to 15 years
Tom Henry
June 20, 2005 03:57:00 pm

[JURIST] Adelphia Communications Corp. [corporate website] founder John Rigas has been sentenced to 15 years for bank fraud, securities fraud, and conspiracy.

5:02 PM ET – AP is reporting that former Adelphia chief financial officer Timothy Rigas has been sentenced to 20 years in prison. Bloomberg has more.

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THIS DAY @ LAW

ASEAN founded

On August 8, 1967, the Association of Southeast Asian Nations (ASEAN) was founded in Bangkok, Thailand by the governments of Indonesia, Malaysia, the Philippines, Singapore and Thailand with the signing of the ASEAN Declaration. Since that time, Cambodia, Vietnam, Brunei, Laos, and Burma (Myanmar) have also acceded to ASEAN membership.

President Nixon resigned from office

On August 8, 1974, President Richard Nixon, facing impeachment on obstruction of justice charges in connection with the Watergate investigation, announced that he was resigning from office effective midday August 9. Read his televised resignation speech.

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