Word: banker
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...alternative currency is generally used in conjunction with conventional money; one may use local currency at the farmers' market and regular greenbacks at the supermarket. "It doesn't try in any way to replace cash," says Christoph Hensch, a Swiss national and former banker living in Christchurch, New Zealand. Rather, it offers a way "for people to share and redeem value they have in the community." He says the currencies are most useful in geographical areas or social sectors where money doesn't flow sufficiently, citing, for example, New Zealand's Golden Bay, which is so remote that it sometimes...
...Described as both boyish and handsome, he was named one of People magazine's "Sexiest Men of 2005." But, ladies, eat your hearts out; he married Chicago investment-banker-turned-schoolteacher Jennifer Letzkus...
Last week, Daniel Dantas, a Brazilian banker of fantastic wealth and influence, was convicted on corruption charges, sentenced to 10 years in prison, and fined R$ 12 million ($5 million). Mr. Dantas’ fate remains unclear as he may still file multiple appeals that could take years to be evaluated. Nevertheless, his conviction reflects an accomplishment of the Lula administration in Brazil: the freedom of the PolĂcia Federal, responsible for gathering the evidence in the case. The PF has been allowed to aggressively pursue corruption investigations since 2003 and numerous prosecutions show that Brazil?...
...have to price them that way and use rebates to move the metal off the lots. "They are building cars that they don't want to build. They have to build them because they have a fixed cost structure to amortize," says Nick Gidwani, a former auto-industry investment banker with Sankaty Advisors and now head of the startup auto-sales website CarZen. Particularly after the post-9/11 sales slump, Detroit got addicted to this strategy and used it to move plenty of SUVs...
...Harvey Milk story needs little Hollywood embellishment; it's already the perfect outsider fable. A Manhattan investment banker raised on Long Island, Milk arrived in San Francisco in the early '70s. He opened Castro Camera in the run-down Castro district, which was fast becoming an enclave for the not-yet-outspoken gay culture. With the aid of an unlikely ally, the Teamsters, he organized a boycott of Coors Beer, which at the time refused to hire gays. After three losing runs for a city supervisor seat, he won in 1977, and a year later he helped defeat Proposition...