Word: chairman
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Bernard Madoff, the former Nasdaq chairman who was charged on Thursday with massive fraud, was long considered to be quirky. Employees at the offices of his eponymously named brokerage firm in midtown Manhattan's Lipstick Building had to follow strict rules for what they kept on their desk. Family photos were allowed but only if they were displayed in a simple black frame...
Madoff was a donor to the Democratic Party and to Jewish organizations. A number of large Jewish charities are expected to be among the investors who lost money in Madoff's funds. Madoff was chairman of the board of Yeshiva University's Sy Syms School of Business and treasurer for the university's board of trustees. A representative for Yeshiva said the university was still trying to find out if the institution had invested money with Madoff. Also among Madoff's investors was Fred Wilpon, owner of the New York Mets, whose investment firm reportedly had as much...
...Washington Report Calls Out FCC Chair Over Bad Manners What started as a bipartisan investigation of Federal Communications Commission head Kevin Martin ended with a scathing report from House Democrats that stopped short of accusing the Republican chairman of illegal acts. The House Energy and Commerce Committee report, which GOP members declined to endorse, blasted Martin's "heavy-handed, opaque and noncollegial management style" and accused him of manipulating or withholding from the public data on the cable-TV industry, among other charges. Martin is expected to step down when the next Administration takes office...
...Sale is finalized, tripling the company's debt. Zell names himself chairman...
...Allston. The fund contained $140.5 million as of 2007, according to Harvard Magazine. But in light of considering departmental budget cuts of 10 to 15 percent, faculty members—often critics of the fund—brought up the idea of reassessing this costly financing of Allston. Chairman of the Harvard Allston Task Force Ray Mellone said that he is prepared for changes in the speed of the University’s plans, as well as changes to the implementation of community benefits. “If Harvard can’t have their expansion at the same rate...