Word: actually
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Dates: during 2000-2009
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...came knocking on Joseph Forte's door in Broomall, Pa., for allegedly scamming 80 investors out of $50 million. Forte had been selling false securities in limited partnerships since 1995. Forte's forte, the SEC says, was in reporting consistent annual returns of 18% to 37%. In actuality, the fund's only real consistency was in its losses. On Sept. 30, 2008, Forte said his fund was valued at $150 million, while the actual balance was about $147,000. Whoops! (See the worst business deals...
Worse, many experts consider the offset system deeply flawed. A 2008 Stanford University study found that between one-third and two-thirds of carbon offsets under the U.N.'s Clean Development Mechanism - which oversees offset projects under the Kyoto Protocol - do not represent actual emission cuts. In addition, the USCAP proposal recommends that many of the initial carbon emission allowances under a cap-and-trade system should be given to industry free, rather than auctioned - even though auctioning would push carbon reductions faster. (President-elect Obama has said he's in favor of auctions.) "The proposal is a dead...
...room to play hardball - even more so now than during the last downturn. In past cycles, landlords often kept asking prices for rent high, even when they were willing to negotiate with renters one-on-one - with, say, a free month's rent. This time, though, both asking and actual rent prices are falling, according to Reis data. "It looks like landlords are much more willing to lower prices quickly," says Victor Calanog, the firm's director of research. "It's a tenants' market." (See the best business deals...
...dressed Christmas guests making their way to the Silberhaus home, and there is the same wind-up Harlequin and Columbine—an almost eerily perfect Melissa Hough, whose triple pirouettes, wide unblinking eyes, and general look of tart, wooden sweetness was even more ideal than that of an actual porcelain doll. Rather than a toy soldier, though, Nissinen gives a virtuoso turn to a life-size bear danced brilliantly by Paul Craig in a costume that seemed impossibly restricting until he whipped out several 180-degree split saut de chats. Josephine Pra and especially Altankhuyag Dugaraa were an entertaining...
What Bolivia is after is a largely, if not purely, state-run lithium industry from mining to industrialization, which might even include actual manufacturing of the coveted lithium-ion batteries. Morales recently announced a $5.7 million pilot plant to process raw lithium carbonate, now under construction on the edge of the Salar, which hopes to produce its first 40 metric tons of the material by the end of this year...