Word: bernard
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...theory, think tanks are abuzz with ideas about future forms of money. One visionary, Jean-Francois Noubel, co-founder of AOL-France, foresees "millions of free currencies circulating on the Net and through our cell phones" as money follows the distribution path that media have over the past decade. Bernard Lietaer, a Belgian economist and author who helped develop the euro, has proposed the Terra, a transnational currency backed by established commodities that would coexist with conventional notes, the monetary equivalent of Esperanto...
Andrew Rose, Bernard T. Rocca Professor of International Trade at the Haas School of Business at the University of California, Berkeley, sees local currencies as limited by their unwieldiness. "Money is primarily just a convenience for enabling exchanges between two parties. The more widely accepted, the more convenient it is," he says. If you need to use different currencies in different locations, the money then becomes less convenient...
...Bernard Madoff, the former Nasdaq chairman who was charged on Thursday with massive fraud, was long considered to be quirky. Employees at the offices of his eponymously named brokerage firm in midtown Manhattan's Lipstick Building had to follow strict rules for what they kept on their desk. Family photos were allowed but only if they were displayed in a simple black frame...
...shocked at this revelation," said the university representative. "Bernard Madoff has tendered his resignation from all positions and involvement with the university. Our lawyers and accountants are investigating all aspects of his relationship to Yeshiva University...
...Executive Director of Harvard Hillel Bernard Steinberg urged students to participate in a vigil tomorrow night at 10:30 p.m. at Memorial Church, led by the South Asian Association. “When students organize grassroots events, that is Harvard,” he said. CORRECTION