Word: behinder
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...haze lifts from Bernie Madoff's financial massacre, his victims are now asking the fundamental question: if we had known Madoff was behind our investment, would we have made...
...created their own sub-funds. It was into these sub-funds many private investors, foundations, schools and other endowments poured their life savings. From the super wealthy, like Mort Zuckerman, to schmoes like me, the victim-cry is: Who the hell is Bernie Madoff? Had we known Madoff was behind all the "trades" maybe we would have made a better investment decision. Maybe. Other victims, however, with direct access to Madoff, such as those going through licensed brokerage firms like Minneapolis' Engler & Budd, knew the name Madoff and invested big because of his strong reputation and track record...
...basic oversight and transparency for all private and public funds? How about making private, under-the-radar investment groups illegal unless registered? Is this asking too much of our regulators, when a $50 billion investment fund can be run by a little man with gray hair in baseball cap behind a curtain of secrecy and nobody knows what the trades are or who's making them...
...Sullivan wears a big ring studded with diamonds - one for every year he has ranked among the top Dodge salesmen in the country - and he has enough years behind him to remember tougher times. When his salesmen complain, he recalls trying to sell cars when interest rates were 17 and 18% back in the early 1980s. "I say, 'Guys, you've got no idea what it was like,'" Sullivan said. "If there weren't a few people paying cash, we would have been out of business...
...force behind Kuzumaki's programs is Tetsuo Nakamura, the town's mayor from 1999 until August of last year. Nakamura, a veterinarian and farmer with the handshake of a salesman, decided nearly a decade ago that Kuzumaki could become a role model for the rest of the country by developing itself as an exemplar of environmental best practices. "It was clear to me that the environment and food would be critical issues in the 21st century," says Nakamura. So he set about working with, and getting funding from, the government, NEDO, and Tohoku Denryoku, a Japanese power generation company...