Word: eight
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Dates: during 2000-2009
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HuffPo, as it's known, has reached this level of prominence with 55 paid staffers, including Huffington. Twenty-eight of them are editorial, compared with more than 1,000 at the New York Times. Open the site on any given day and you will be greeted with copy from the Associated Press, contributions from unpaid writers, stories whose legwork was done by other news outlets and a smattering of entries from the site's five reporters. In terms of traditional newspaper content, that's about the level of a solid small-town daily...
...While AIG's holdings are diverse, nearly all its losses centered on AIG FP, which until March 2008 was led by its high-rolling president, Joseph Cassano, a tough-talking Brooklyn, N.Y., native who in the past eight years banked $280 million in cash compensation, or exactly $115 million more than the bonuses at the center of the current controversy. Cassano, who helped found the AIG FP unit in 1987, built his money machine not on anything fraudulent but on what's been described as regulatory arbitrage. As Bernanke explained recently, "AIG exploited a huge gap in the regulatory system...
...TIME that since the recession hit, several have canceled commitments to help fund projects. "We have had three or four partners pull out since October or November, after we had every expectation of the money," says the head of a small organization in London that runs youth programs in eight countries, mostly in Africa. (He did not want to be named for fear of angering donors.) Says Hildy Simmons, who runs a Wall Street philanthropic-advisory service: "There is no new money going into corporate programs, plus whatever monies there were are diminishing...
...because Harvard’s biggest house is all about quantity, not quality.Quincy: The Balcony SuiteTake the elevator in New Quincy to the third floor, where you’ll find the one balcony suite in Quincy that isn’t taken up by tutors. Currently home to eight senior athletes, the beirut table may not stay next year, but the infamous terrace definitely will. “The terrace, with a fantastic view of the courtyard, is great in the fall and the spring, where people come and play games or just hang out and drink...
...Unfortunately for U.S. prosecutors, none of that actually made al-Arian a terrorist - PIJ's North American leader, they insisted - which is why in 2005 a jury in Tampa, Fla., acquitted the former computer-engineering professor on eight charges and deadlocked on nine others. (Al-Arian's defense also maintained that the prosecution's case was based in part on a letter that was seized by the feds at al-Arian's home but had never been sent.) It was one of the Bush Administration's sharpest humiliations and a glaring example of its chronic overreach in post...