This investigation is distinct from the charges the SEC filed last month after the company revealed its phony cost accounting.
Long-suffering citizens will not get what they pay for, but they will surely pay for what they get: Waste, shoddy performance and phony cost overruns can all be covered up by bribes.
In an important sense, however, behavioral economics is a revolution – a revolution against the pitiless abstractions that have shaped the phony cost-benefit equations of corporatist economists who still work to undermine regulatory law and order in the fight against serious corporate misbehavior.
In Milwaukee, for example, officials estimate phony threats cost the district a quarter of a million dollars in 1999.
Mr. Bihari said he later learned that his phony demise had cost his uncle about $25, not an inconsiderable sum.
Since then the United States invaded Iraq in 2003, on a pretext that was shown to be phony, at a cost of hundreds of thousands of Iraqi lives.
It substitutes a huge amount of low cost, phony emissions reductions both here and abroad -- called offsets -- for actual domestic emissions reductions.
The underlings who procured such services — hiding the costs in phony expense chits — could now be flipped and forced to testify against their bosses, who may be guilty of much more consequential malfeasance.
Although Mr. Giaquinto declined to be specific, M.C.A. is taking extraordinary measures to guard "E.T". against pirates and to identify phony tapes, at a cost of more than $1 million.
In August 2005, it agreed to pay $456m£290m0m) in fines after admitting to creating tax shelters that generated at least $11bn in phony tax losses that cost the US at least $2.5bn in unpaid taxes.
Phony accounting and zero cost funding from taxpayers created an illusion of recovery.
