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...last 30 days, Picard has filed six major lawsuits, many against Madoff's largest feeder funds. The combined suits ask for the return of over $10 billion in fraudulent profits. Picard's complaints allege the people running the funds "knew or should have known" Madoff was a fake, simply based on the exorbitant, non-stop returns they received. Suits have been filed against Walter Noel's Fairfield-Greenwich Group, which withdrew $3.2 billion since 1995, Jeffrey Picower's funds, totaling $6.7 billion withdrawn, and against Stanley Chais, whose funds took out over $1 billion since 1995. (See pictures...
...Known throughout the Ivy League for her consistent performances, Christensen won the high jump in nearly every meet during the indoor and outdoor seasons. On her way to yet another resounding selection to the All-Ivy First Team, the star athlete won the Indoor Heptagonals and the ECAC Championships for the second year...
...better writer. It’s been a free trip to Fenway, a place in the press box, and a lesson in watching three-win teams alongside league champions.I’ve seen my sports knowledge expanded by covering teams like volleyball and sailing along with my better-known favorites. But inevitably, my experience at the Crimson has gone far beyond the coverage—and, in so doing, gone far beyond neutrality. No one who follows sports can maintain that the joy they find in it is just about sports: it’s about family, friends, lasting...
...from Naples named Noemi Letizia, after local papers revealed last month that Berlusconi had attended the girl's 18th birthday party and showered her with expensive gifts. Two days after the aggrieved spouse made the charge, she asked for a divorce. The Prime Minister stated publicly that he'd known Letizia only through her parents, and the father declared his daughter "chaste," saying Berlusconi was an acquaintance he had made through local politicians. But the center-left daily La Repubblica and opposition leader Dario Franceschini have hammered away at inconsistencies in the Prime Minister's account of his relationship with...
...been years since karaoke, that staple of modern Asian life, was relegated to the ranks of drunken salarymen. Today in Hong Kong, it's being integrated into office life in a new tradition known as "K Lunch." Hong Kong residents are flocking to karaoke studios on their lunch hours, when many businesses are now offering two hours of food and song for less than $5. Students routinely hit up K Lunch, but the low price - using the same room after 6 p.m. costs about three times as much - also lures office workers, teachers, retirees and housewives. "You can have...