Word: burnham
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Joseph served as CEO of Drexel Burnham Lambert Inc. from 1985 until the firm’s collapse in 1990. Before scandal struck, Drexel profited in the 1980s from selling junk bonds, but then Michael R. Milken, a trader under Joseph’s supervision, was imprisoned for 22 months and fined $600 million for violating U.S. securities law, according to Bloomberg News. While Joseph faced no criminal charges, he was banned for a time from assuming another position as a Wall Street CEO, according to Portfolio.com’s “Worst American CEOs of All Time?...
Many players believe there's opportunity now for similar triple-digit returns. "I think several hundred percent [return] is possible" if leverage is used, says Anton Schutz, portfolio manager of the Burnham Financial funds, which have been investing in the sector since last fall. However, he believes the biggest buying opportunities are still six to 12 months away. (See the top 10 scared stock traders...
...month ago, British Health Secretary Andy Burnham issued a statement urging British citizens not to panic despite a surge in the number of cases of H1N1 influenza in the country. Now it seems health officials have the opposite problem: they are urging parents not to hold "swine flu parties" that some people believe will build up children's immunity by infecting them with the virus...
...Whether the confusion was justified or not, Britain announced on July 2 that it was abandoning containment across the entire country, choosing instead to treat with Tamiflu only those who are ill. Health Secretary Burnham said the emergency measure was part of the government's pandemic plan and was meant to relieve pressure on the National Health Service as the U.K. braces for what epidemiologists predict could soon be 100,000 new cases a day. Several other countries, including the U.S. and Australia, have moved to a similar strategy. (Read "Psst! Want a Cure for H1N1? Swine Flu Scams...
...Duffy] has achieved something that only the true greats of literature manage". - U.K. Culture Secretary Andy Burnham...