Word: solding
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...response. A recent presentation by the head of Chase's retail-financial-services division showed that the company's servicing portfolio went from having about 52,000 repossessed homes in September 2008 to some 30,000 in September 2009. Over that period, the average price at which the firm sold houses from that stock dropped from $175,000 to $150,000. (See how to plan for retirement...
...trading case, jurors said one of the more damaging pieces of evidence had to do with the fact that Stewart tried to alter an e-mail that had been sent by her assistant. Prosecutors used an e-mail exchange between Stewart and her broker that occurred shortly before Stewart sold her Imclone shares to prove that they knew they were acting on insider information. Stewart was convicted in the case and served five months in jail. In the Tyco case, prosecutors used e-mails to show that chief executive Dennis Kozlowski and chief financial officer Mark Swartz pressured Wall Street...
...plans and focusing on moving the country ahead as a nation," he says. "These guys have taken the old five-year plans and stood them on their head. Instead of deciding which factory gets which raw materials, which products are made, how they are priced and where they are sold, their planning now consists of 'How do we build a world-class silicon-chip industry in five years? How do we become a global player in car-manufacturing...
...material is mostly skipjack, a small, unglamorous tuna that makes up about 60% of the world's tuna catch. Of the main commercial species, bluefin, yellowfin and bigeye tuna are primarily sold to the sashimi market; skipjack and albacore land in cans. Over half the skipjack caught each year come from the waters in the western and central Pacific, and while skipjack in the region are officially plentiful, according to the Western and Central Pacific Fisheries Commission (WCPFC) that keeps track of them, talk to anyone in General Santos and you'll hear otherwise. Supplies of fresh, local skipjack dropped...
When I was 8 years old, my dad went bankrupt and lost his business. I remember entering our apartment, and all the furniture was gone, our two cars were sold, there was no air-conditioning. Our whole life changed. My parents took me to the park where all the orphans sniffed glue to deal with the tragedies of their own lives. That made such an impression. When I had my first big international success when I was 18, I decided to establish a foundation for children, and since then we've been focusing on providing high-quality education and nutrition...