Word: banks
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Dates: during 1990-1999
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There is a reckless streak in many of us, a brashness that is usually channeled harmlessly into leisure pursuits like bungee jumping or indulgences such as an extra piece of chocolate-mousse cake. But for James McDermott, 48, the former chief executive of the New York City investment bank Keefe, Bruyette & Woods, that recklessness led to the arms of an adult-video actress and then to the even longer arms of the law. The banker was charged last week with insider trading for allegedly tipping off Kathryn Gannon, 30, better known as Marylin Star, to a series of impending bank...
...incredibly risky. How elastic is the Amazon brand name? How much can you stretch it until it simply explodes and becomes meaningless to consumers? And how long can the money hold out? Bezos has already burned through a bank's worth of cash with no sign of slowing down. If anything, he's upping the ante--according to estimates, the company's net loss could be $350 million this year alone...
...years old, with nothing more than two shirts and a pair of pants. Taken under wing by a Catholic mission, Mike learned English, toiled at many odd jobs and made his way to the University of Albuquerque. While working the night shift as a clerk at a bank, he met Jackie, who was also employed there, and fell in love. They married when Jeff was four...
...Number of dormant Swiss bank accounts, according to a 1995 Swiss investigation...
...dotcoms before they go public? Well, thanks to a newfangled mutual fund announced last week, you can plant seed capital. To be eligible for the fund, which VC Draper Fisher Jurvetson will roll out next year with meVC.com investors must earn $50,000, have $50,000 in the bank and plunk down at least $5,000. Just remember: most venture-capital bets are losers. Yours could...