Word: commentator
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...Theodule used the funds to play the market. In total, he lost 97% of all investor funds - including $18 million last year alone. In addition, the SEC says, Theodule took $3.8 million for himself and his family. So much for trust. Theodule's lawyer, Charles Pickett Jr., did not comment on the case...
...instincts were dead-on: of the $50 million in investor monies, the SEC says Forte deposited $26 million, withdrew $23 million, took $12 million for himself, and gave the rest to early investors, a formula considered the Ponzi gold standard. Forte did not return phone calls to comment on his case. He appeared in court without a lawyer, according to local reports...
...Bloomberg News reported that the SEC had begun a routine investigation into Apple's disclosure's about Jobs's health. Citing unnamed sources, Bloomberg has also claimed that Jobs "is considering a liver transplant as a result of complications after treatment of cancer." Apple has declined to comment...
...soon follow suit. In an interview last month, Dean of the College Evelynn M. Hammonds said more might retire in the next few years. She also said she hopes to recruit minority members of the Faculty to fill vacated positions. Neither Rosen nor Sassanfar could be reached for comment. —Staff writer Ahmed N. Mabruk can be reached at amabruk@fas.harvard.edu...
...until shortly after TIME.com initially reported that Senator Kennedy's inner circle was angry at his health being used as a justification for her withdrawal. "It has nothing to do with Senator Kennedy," said an aide to Caroline Kennedy, who previously had not responded to TIME.com's request for comment. Meanwhile, a source close to the Senator added, "The Kennedy people are not upset with the Caroline people, because they know it didn't come from...