Word: bernardes
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...Somebody had to get a little lucky with him.' RALPH AMENDOLARO, a Queens, N.Y., construction worker, explaining his rationale for playing Bernard Madoff's prison number in the New York Lottery...
...That the next non-ordained president did not arrive until 1869 indicates the complicated history out of which Memorial Church emerged. Historian Bernard Bailyn discussed these conflicting views of Harvard’s foundation, concluding that “Harvard was founded as an institution from which the leadership of church, state, and trade was expected to emerge, and that leadership, like the community as a whole, was expected to remain deeply and correctly Christian.” Thus, at the very least, it seems clear that Harvard was never simply the Puritan stronghold that a Protestant church...
Merkin operated several funds, including Ascot Fund, Gabriel Capital Corp. and Ariel Fund, totaling $2.4 billion, that fed into Bernard L. Madoff Securities LLC, the so-called investment firm run by Madoff. In total, Merkin is charged with 720 breaches of fiduciary duty in raising, through social and charitable connections, over $4 billion, which he turned over to third-party money managers, like Madoff...
...Anyone investing with Chais, Merkin and Noel probably never heard of Bernard Madoff. Why? Simple: the money...
...trustworthy fund managers had the fiduciary decency to tell us that Bernard L. Madoff Investment Securities LLC was controlling our fates we may have had a shot at changing things: we could have done our own research - the research our fund managers were supposed to be doing for us, right? But, of course, they didn't. Why? The money. It was just too good to let us, the simple-minded investors, foolish enough to think this was all on the up and up, know too much, to raise concern, to cause trouble with perfectly legal, unregistered, multibillion-dollar funds that...