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...illusion of solvency by paying off early investors with capital raised from later entrants--are named after Boston businessman Charles Ponzi. From 1919 to 1920, the Italian immigrant coaxed thousands of people into sinking millions of dollars into a complex deal involving international postage rates, which he said would earn a 50% profit in 90 days...

Author: /time Magazine | Title: A Brief History Of: Ponzi Schemes | 1/8/2009 | See Source »

...opportunities, we just didn’t sustain them. We just thought things would eventually turn our way, we did not go out and earn it, whereas Harvard, particularly in the second half, came out and earned everything it got,” he added...

Author: By Ted Kirby, CRIMSON STAFF WRITER | Title: Harvard Upsets BC 82-70 | 1/8/2009 | See Source »

...with 2:42 remaining.The final two minutes saw the Crimson miss four three-pointers.“Several of our go-to players did not step up and did not want the shot,” Delaney-Smith said.Siena was able to hit five free throws to earn the victory.USC 95, HARVARD 74Harvard entered Saturday’s matchup with USC (6-4) knowing that a win was unlikely but looking to make up for the disappointment of the Siena game.“We knew we were the underdogs, but before the game there was a great energy about...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: A Tale of Two Losses for Harvard in West Coast Tourney | 1/4/2009 | See Source »

...look at ‘how does this person get better and what do they need to work on?’”With minor adjustments, the Crimson can anticipate bolstering the win column this spring.LONESTAR DUALSThree Harvard grapplers went undefeated and Caputo (19-3) earned upper-weight Outstanding Wrestler honors, but the Crimson struggled to overcome early deficits. Despite additional 3-0 performances from junior co-captain J.P. O’Connor (16-2) and sophomore Corey Jantzen (11-2), Harvard continually suffers by forfeiting the 125 lbs. weight class.“If you have someone...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: First Victory Lone Bright Spot in Tough Vacation | 1/4/2009 | See Source »

...frequently swipe at dangerously close pucks. Eventually the barrage of shots paid off. At 12:41 in the first, Ryabkina swooped in behind the Quinnipiac goal from the left corner and fed the puck to captain Kirsten Kester. Kester then knocked it through Wishart’s legs to earn the first goal of the game and the first of Kester’s season. “She’s our emotional sparkplug,” Stone said. “That really set the tone.” The second goal came in the next period, when...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: Harvard Gets Solid Performance in Goal | 1/4/2009 | See Source »

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