Word: bernard
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Dates: during 2000-2009
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...Futures Trading Commission (CFTC) with allegedly "misappropriating" at least $553 million either for personal expenses or to cover trading losses. The CFTC is the sister agency of the Securities and Exchange Commission and covers fraud in the commodities, futures and foreign-exchange markets. (See pictures of the demise of Bernard Madoff...
...massive losses thanks to UBS's exposure to the toxic subprime market in the U.S. is growing fast. "Those arrogant and greedy bankers are tarnishing our image," says Marie-Claire Favre between sips of her cappuccino in a Lausanne cafe. Standing in front of UBS's Lausanne office, Bernard Thevenoz can't hide his outrage. "Those thugs, they are dragging our country through the mud," the octogenarian hisses, waving his cane towards the palatial building. "How can we ever regain our dignity...
...have jobs, who don't have a pot to pee in." She went on: "Sir, there are tent cities. Go and look at who is standing in line to get soup. There are white collar workers in those lines now." (See pictures of the demise of Bernard Madoff...
...Whether you call it Paris métropole or a Greater Paris, structuring the city within the framework of an enlarged, better-organized region is a major key to both the future of Paris and its tourism industry," says Jean-Bernard Bros, deputy mayor of Paris in charge of tourism. In tourism terms, that's already happening, with people traveling to or staying near attractions such as Versailles and its famed château to the west or the Marne-la-Vallée home of Disneyland Paris to the east. But the plan is to now go farther in other directions...
...dubiously, but rather because the potential of backlash highlights the grim predicament that the arts currently face. Right now, we are stranded in the midst of the recession. Brandeis is liquidating its art holdings and closing its Rose Art Museum. The publishing industry is disappearing faster than Bernard Madoff’s money. And, as we descend further into economic chaos, the situation of the arts can only be supposed to get worse. We must make our case not just that we need the money now, but why we will need money in the future. We must make our case...