Word: cobbed
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...stock manipulation. Stocks worldwide were hammered after the Sept. 11 terrorist attacks, and Vivendi was no exception. In the U.S., the Securities and Exchange Commission, eager to calm the markets, immediately waived its restrictions on stock repurchases. But in France, the Commission des Opérations de Bourse, or cob, didn't go as far, and Messier's decision to spend more than j1 billion buying back 21 million shares breached some of its rules. The firm repurchased stock in a prohibited period shortly before it issued results, and ended up holding more than the legal limit...
...repercussions for the regulators themselves. The initial spark for the investigation was a complaint filed by small Vivendi shareholders. Frédérik-Karel Canoy, the lawyer for the group, tells Time that he has now filed a follow-up demand for a formal investigation of the cob's president and general manager, both of whom are still in office. The cob, since renamed the Financial Market Authority, didn't respond to requests for comment. Vivendi's accounting is just as controversial. The magistrates' investigation asserts that Messier gave an overly rosy picture of the group's finances...
...It’s time for Harvard to compromise and stop their predatory ways,” said Cob Carlson, the first signer of the rezoning petition that bore his name and had substantial support in the neighborhood...
...council avoided a potential delay in granting the easement last Friday when a Middlesex Superior Court judge dismissed a lawsuit filed by Riverside resident Cob Carlson against the nine councillors and City Manager Robert W. Healy...
...five of them back to the White House for dinner and a chance to spend the night in the presidential mansion. Over a batter-dipped feast in his private dining room that would have given Dick Cheney's cardiologist the bends--fried shrimp, fried onion rings, corn on the cob, French fries, cole slaw and cheesecake--Bush was jovial, confident. He told the group--George Pataki of New York, Dirk Kempthorne of Idaho, Mitt Romney of Massachusetts, Jim Douglas of Vermont and his Floridian brother Jeb--that the presidential race would be close but that he would win. Bush...