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...upside of the ever churning online rumor mill is that it does justice to those subjects who have come by their bad reputations legitimately. "Every fraudster in the world thinks that we're here to help them out, but we're not," says Robert Russo, CEO of Defend My Name. For bad guys, the megaphone of the Web can be a very useful thing. For everybody else, it's nice to know that when the virtual community starts to whisper, you can now shout back...

Author: /time Magazine | Title: Maligned Online? How to Retaliate Against Web Attacks | 9/19/2008 | See Source »

...holdings, and flooding the market like that has the effect of driving down security prices - thereby driving down the value of the fund you want to keep at $1 per share. "The investors are almost as important as the investments here," says Peter Crane, money fund expert and CEO of Crane Data. "A full-blown run would be perilous." That's why the Treasury stepped in with its guarantee program - to help prop up the price of any money market that needs it, and prevent investor confidence from being undermined...

Author: /time Magazine | Title: Feds Back Money Markets: Is Your Fund Safe? | 9/19/2008 | See Source »

...once burned, twice shy" isn't an old Chinese proverb, it probably should be. As Gao Xiqing, the chief investment officer of China's $200 billion sovereign wealth fund, meets in New York City this week with Morgan Stanley CEO John Mack to discuss increasing the Chinese government's stake in the venerable - and flailing - investment bank, he bears an obvious burden. Last December, the CIC (the China Investment Corp.) invested $5 billion for a 9.9% stake in Morgan Stanley (for which the bank must pay CIC a 9% annual dividend until 2010). On paper, that investment is now down...

Author: /time Magazine | Title: Why China Won't Come to the Rescue | 9/19/2008 | See Source »

...sovereign wealth funds and foreign private equity houses is any indication, may be to deliver, in person, a simple message: No. Not again. Not unless you structure a deal in such a way that we simply cannot lose. Otherwise, goodbye. That, in effect, is what Sameer Al Ansari, the CEO of Dubai International Capital, told Wall Street earlier this summer. He had had discussions "with all the people you'd expect" in the pantheon of U.S. finance regarding a possible investment from his fund, he told TIME. Wisely, it turns out, he told all of them no - and then...

Author: /time Magazine | Title: Why China Won't Come to the Rescue | 9/19/2008 | See Source »

...Warfield’s complaint charges Beth Israel’s then-Chief of Surgery Josef E. Fischer and CEO Paul F. Levy with years of sexist treatment culminating with her demotion from Chief of Anesthesiology, a position she had assumed...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Harvard Medical School Prof. Gender Bias Lawsuit Moves Forward | 9/18/2008 | See Source »

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