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...according to the SEC, allegedly pulled off a 15-year Ponzi based on suckering investors with $8 billion or more of so-called high-yield certificates of deposit. According to the SEC, he has yet to hire a lawyer of record, and he could not be found for comment...
James Stanford could not be reached at his home in Mexia, Texas, for comment...
...hospitals.”The Stem Cell Institute, which has collected tens of millions of dollars in funding over the past five years, was founded in 2004 at the urging of prominent researchers including Professors Douglas A. Melton and David T. Scadden. Neither scientist responded to repeated requests for comment this week. Their Institute—which has served in recent years as a reliable fountain of important discoveries in stem cell biology—provides seed grants for researchers.With the Bush administration restricting government funding to only experiments performed on pre-existing stem cell lines, researchers saw an opportunity...
...1870—the post-World War I depression and the Great Depression. The Harvard economist’s current piece came in the midst of an economic downturn that has seen the stock market fall to its lowest levels since 1997. Barro said he could not give further comment on his piece yesterday...
...congressmen were permitted to slip earmarks into legislation without taking responsibility - non-earmarked earmarks, in a way - but Obama helped spearhead an effort to eliminate that practice after Democrats took back Congress. It is also true that earmarks can be a sneaky way for boondoggles to bypass hearings, public comment periods, cost-benefit analyses and other forms of scrutiny. But the Constitution does give Congress the power of the purse, and earmarks can sometimes be the only way for congressmen to force recalcitrant bureaucracies to take on worthy projects. For example, most federal transportation aid goes directly to state agencies...