Word: classe
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...million, the total amount its Optimal funds subsidiary had withdrawn in the 90 days leading up to the December 11, 2008, collapse of Madoff's decades-long crime. Santander, the most exposed of the European banks involved with Madoff, with $3 billion lost, is still facing a class-action lawsuit...
Twenty-four journalists from the U.S. and abroad have been selected for the 2009-2010 class of Nieman Fellows, the Nieman Foundation for Journalism at Harvard announced last week. Those chosen represent a diverse cross-section of the industry, from newspaper editors and photographers to multimedia reporters and radio journalists. This year’s class included the largest proportion of freelance journalists in the 72-year history of the fellowship. “The selection of more freelance journalists and fewer newspaper reporters reflects the changing nature of journalism,” said Nieman Foundation Curator Robert H. Giles...
...company. Stockholders have the weakest claim - they made a bet on success, got failure instead, so too bad. The strongest claims belong to secured lenders, which are first in line for any proceeds if the company is liquidated. In between lie the unsecured claims. For a carmaker, this creditor class includes suppliers who haven't been paid, car owners whose repairs ought to be covered by warranty, dealers seeking reimbursement for manufacturers' rebates - and the UAW seeking a VEBA payment...
...opening up the market, regulators hope to give rail companies room to offer more frequent and diverse services, like special business-class cars. "Our experience has shown that choice is important to travelers, and when you increase the range of choice with new products, services and suppliers, you increase the number of clients who want to explore those new options," says Mireille Faugère, president of domestic and international passenger services for France's state rail company, Société Nationale des Chemins de Fer Français (SNCF). "For a company like ours - which derives...
...journey her parents made during World War II, when they moved from Puerto Rico to New York City, where their daughter was born in 1954. Sotomayor was 3 when the family found an apartment at the Bronxdale Houses, a city-owned development built to provide affordable housing to working-class families. Her father died when Sotomayor was just 9 - one year after she was given a diagnosis of Type 1 diabetes, which still requires her to monitor her blood sugar and inject herself regularly with insulin. After that, her mother Celina raised Sotomayor and her younger brother Juan...