Jim Fayed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

- the tech industry is supposed in invention and progress. but only 11% of its executives are women, and the quit rate is twice as high for them. here's a hack: make sure there's bandwidth for everyone. the more you know. >> on may 4th, 2011, jim fayed found himself in a los angeles courtroom, accused of being the mastermind behind the plot to kill his wife. his federal charges involving financial crimes were dropped when the state of california decided to try him for capital murder. prosecutors alan jackson and eric harman laid out their case. >> it's not your typical love

Story or boy meets girl, but instead it's a love story where boy meets gold. it's that greed, that love of gold, that caused this man, james michael fayed, to have his wife murdered for financial gain. >> prosecutors offered this snapshot of the fayeds' riches during the short time they ran their business. >> so mr. fayed found a niche, which is transferring money for only a 2% fee, which was highly, highly competitive and lucrative. so those of you who are good at math, you'll know that that's approximately $20 million in fees that went to goldfinger between 2001 and 2008, making a lot of mon...

A motive for murder. >> but they did have a business that was a viable, lucrative business, and it was worth maintaining. and if she hadn't been murdered, presumably they would have come to some settlement over the assets and some division of the property involved in the business. >> jim fayed did not testify. and he didn't make werksman's defense any easier. the prosecution's smoking gun was that tape made by police and a cooperative cellmate. >> i told you, she knew her boundaries. she -- she -- she ran her mouth too much. she -- she ran out of control. she started running her mouth. >> abou...

>> i was waiting and waiting and waiting to figure something out. i wanted -- i just wanted to do it myself, but i knew i'd never [ bleep ] be able to get away with it. never. you know what i mean? >> and prosecutors played the tape of what they said was jim trying to hire that second hit man to murder the first one and anyone else that might have been in on the plot for what would have been, they said, another $25,000. >> it should get done by next week or so. he'll go on out there and get that fool and put him -- take him down and [ bleep ] ask him some questions. and i'm sure he'll be more ...