Word: madoff
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...venture-capital and private-equity firms, where partners are expected to regurgitate past earnings to make good on unmet promises to investors. And wherever outright fraud can be proved, those who benefited can be forced by the courts to disgorge their gains--as investors who withdrew money from Bernard Madoff's apparent Ponzi scheme before it collapsed might discover in the coming months...
...sales are up, because the Democrats are back and crime is expected to rise and civilization as we know it to break down. Someone somewhere is stirring the tar and plucking the feathers for Lehman's Richard Fuld and Merrill's Stan O'Neal and of course Bernie Madoff of the $50 billion swindle, because absent any effective sanction, we're all vigilantes...
...Robert Chew is a former investor with Madoff via a feeder fund. He lives in Colorado...
...Harvard Kennedy School received $768,739 from JEHT in 2005 for a three-year project aimed at invigorating state and local enforcement of human rights standards. “The grant was fully paid some time ago, so we do not expect any impact on our work from the Madoff scandal,” Kennedy School professor Christopher E. Stone ’78, faculty chair of the program, said in an e-mail. The College’s Office of Sponsored Programs also received $263,418 from JEHT in fiscal year 2007, according to a list of grant recipients...
...Iowa, we remain far from the global recession's hot spots (knock on wood): Wall Street and Detroit, AIG and WaMu, Chrysler and Bernie Madoff. But the state has its problems, from layoffs by major employers to falling grain prices, bankrupt ethanol plants and state budget woes. And some of those recent scary national headlines - "U.S. Loses 533,000 Jobs in Biggest Drop Since 1974," "Recession Propels Skid in Housing Sales, Prices," "Retail Sales Are Weakest in 35 Years," "In Need of Cash, More Companies Cut 401(k) Match" - are translating into tangible, tell-tale signs on the street where...