Detailed text transcripts for TV channel - CNN - 20181229:08:58:00
Hedonism and excess, the end of the decade was the hangover. >> it's more like the rich are taking a tumble now. >> leona and harry helmsley, one of the richest couples in the world, were today treated as common criminals. booked in manhattan for tax evasion and extortion. the government charges the helmsleys rep elevated their $11 million estate and wrote the cost off as a business expense on their taxes. >> a former housekeeper said mrs. helmsley told her, we don't pay taxes, only little people pay taxes. >> helmsley was sentenced to four years in prison, given a $7 million fine, and ordered...