Word: banking
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Early last month, a Zurich-based bank, Julius Baer, filed suit in U.S. District Court in San Francisco, claiming a disgruntled ex-employee had passed stolen internal documents to Wikileaks, a venue for anonymous whistle-blowers to post allegations of corporate or government misconduct. The site says those materials detail money laundering and tax evasion at Julius Baer's Cayman Islands branch. At the bank's request, Judge Jeffrey White issued an injunction sealing Wikileaks' U.S. address...
...that led to Harvard’s second goal of the night.The Crimson waited until the last seconds of the power play to strike. Freshman Liza Ryabkina put the puck in play in front of the net from the blue line, and it was Cahow who was able to bank a shot off the post into the net.Ryabkina and junior Kati Vaughn nabbed assists on the play.Now up 2-0, Harvard was forced to go on the defensive.Brine was called for holding at 7:15 in the second, and the Crimson would be shorthanded for the following 5:45. Cornell...
...Harris layin stops the run, but Cornell scores again on an easy bank shot by Andre Wilkins. Cornell 33, Harvard...
...might sound like a setup for another subprime-mortgage debacle. But so far, Lending Club's default rate is less than 0.5%. That's partly because P2P members are motivated to pay back or lend to an actual person rather than a big bank. Since May 2006, Marilyn Paguirigan of Honolulu has lent a total of $30,000 to more than 100 people on Prosper, most of whom she has never met. "I measure my returns in not just the dollar amount," says Paguirigan, who happily makes 6% to 7% on her loans. "It's in the fulfillment...
...referring to Steve Jobs' brand--that would be Macintosh--but to the American producer of hi-fi components, which has cultivated an insanely loyal following over the past 50 years. Messer started accumulating the brand about 20 years ago, as soon as he could afford its bank-breaking prices. He spent $25,000 on his first system--a steal compared with the four 7-ft.-tall (2 m) XRT2K Mac loudspeakers he recently purchased for $45,000 each. "It's a big boy toy," he says. "If there were another brand better, I would get it, but 90% of what...