Word: exchangee
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For all the one-liners, the challenges facing the general are no joke. As the NBA tips off its 2008-'09 regular season this week, Johnson will inherit a demoralized group of referees who have taken a public beating in the fallout from the Tim Donaghy scandal. In August of...
Beijing certainly isn't backing off. Earlier this month, China announced it would proceed with a trial period allowing domestic financial institutions to experiment with short selling and margin trades (using borrowed money to invest). The decision came, ironically enough, after the U.S. Securities and Exchange commission had for a...
In September 2007, the jury voted in favor of the officers and awarded them $6.5 million. Though he vowed to appeal the verdict, Kilpatrick eventually brokered a secret deal that awarded the officers $8.4 million in public money in exchange for their silence about the extramarital affair. Four months later...
Exactly two weeks after Mitsubishi UFJ Financial Group, Japan's top lender, tossed a $9-billion lifeline to Morgan Stanley - in exchange for a 21% stake - Mitsubishi UFJ is in need of some help itself. On Monday, Japan's largest bank said that it needs to raise $10.7 billion in...
President of the Brazilian Supreme Federal Court Gilmar Ferreira Mendes spoke about the Brazilian constitution to a packed conference room in Harvard Law School’s Pound Hall, yesterday afternoon. Mendes was appointed to the Brazilian Supreme Federal Court in 2002, and became the President of the Court in...