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...successful gold tycoons, Canada's Peter Munk seems to hold no special regard for the yellow metal. In less than 10 years, the Hungarian- born magnate's Barrick Gold has emerged as the world's third largest gold producer. With a pending deal to develop the $20 billion Busang deposit in Indonesia, Barrick may even outstrip South Africa's Anglo American for the No. 1 spot. Yet, says Munk, he is no gold bug. "For a Canadian, natural resources were a good fit," he conceded recently from his corporate headquarters in Toronto. "But you don't get into a business...

Author: /time Magazine | Title: Canada's Gold Tycoon | 11/9/2007 | See Source »

...Jerusalem. Researchers believe the Templars kept any revenues generated by the estates, effectively accruing interest - a practice otherwise forbidden as usury by the Church at the time. The journal American Banker wrote in 1990 that "a good case can be made for crediting [the Templars] with the birth of deposit banking, of checking, and of modern credit practices." It certainly made them some of Europe's richest and most powerful financiers. The Templars have been described as taking crown jewels and indeed entire kingdoms as mortgage for loans, and they maintained major branches in France, Portugal, England, Aragon, Hungary...

Author: /time Magazine | Title: The Vatican and the Knights Templar | 10/24/2007 | See Source »

...would add a course that I would teach, called “How to give me $100,000,” wherein each student would learn how to deposit $100,000 into my personal account. This course will prepare young undergrads for a long career of giving me money throughout their futures. Space is limited to 40 million students. Extra credit can be obtained by giving me $200,000 and some ice cream. I will offer a second year course called “How to blow people...

Author: By Victoria D. Sung, CRIMSON STAFF WRITER | Title: Comics ‘Stand’ Our Questions | 10/19/2007 | See Source »

...happy to cut [HoCos] a check, deposit funds into their HUECU account (for those that have one), or keep the money in their House account,” McIntosh wrote...

Author: By Aditi Banga and Victoria B. Kabak, CRIMSON STAFF WRITERSS | Title: Upfront Funds for HoCos, But Students 'Sidelined' on Decisions | 10/16/2007 | See Source »

...self-definition. In 1779, for example, Thomas Jefferson called for a national aristocracy of talent, chosen, as he put it, “without regard to wealth, birth, or other accidental condition of circumstance” and “rendered by liberal education ... able to guard the sacred deposit of rights and liberties of their fellow-citizens.” As our economy has become more complex, more tied to specialized knowledge, education has become more crucial to social and economic mobility. W.E.B. DuBois observed in 1903 that “Education and work are the levers to lift...

Author: NO WRITER ATTRIBUTED | Title: Faust Inauguration Speech: 'Unleashing Our Most Ambitious Imaginings' | 10/12/2007 | See Source »

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