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Sala, 40, has since confessed to magistrates that he received more than $20 million in kickbacks from Parmalat while at Bank of America. Most of it came directly from a refinancing of a 1999 Brazilian transaction that is now a central element of bankruptcy administrator Bondi's case against the bank. In that transaction Bank of America raised $300 million in funding from U.S. investors via two entities it set up in the Cayman Islands. The bank used the money to acquire an 18% stake in Parmalat's Brazilian group. News of the transaction sent Parmalat stock soaring...

Author: /time Magazine | Title: How It Went Sour | 12/17/2004 | See Source »

...disc begins with the title song, a sweet and somber ballad, where Heinegg’s uniquely silky vocal intonations infuse an ethereal element to the percussively-accented melody. From then on, the tempo varies between solemnly slow and slightly upbeat among the songs, though a strong rhythmic presence reigns powerfully throughout each of them...

Author: By Mary CATHERINE Brouder, CONTRIBUTING WRITER | Title: CD Review - By June | 12/17/2004 | See Source »

...learn to cry with a smile,” Ramon says of his experience, and we understand what he means—to varying degrees we have all been the one laying on the bed. Wisely, the filmmakers understand that there is no life without some element of suffering and in accepting this truth, they never condescend to their characters no matter how ridiculous their actions may sometimes seem...

Author: By Tony A. Onah, CRIMSON STAFF WRITER | Title: Movie Review - The Sea Inside | 12/17/2004 | See Source »

...newspaper declared itself for the principle of Equal Opting for All—arguing that HRL should not be allowed to opt-out of the abortion part of the UHS bill because other groups, like vegans, could not selectively opt-out of comprehensive university fees which may contain an element to which they are opposed...

Author: By Christopher J. Catizone, | Title: Opting In for Opting Out | 12/17/2004 | See Source »

...Breaking through habitual patterns of seeing and thinking is an essential element in my foundation drawing course. Therefore, I emphasize drawing as process rather than a product...

Author: By Amar C. Bakshi, CONTRIBUTING WRITER | Title: VES Faculty, Students Express Thoughts on Teaching Art | 12/17/2004 | See Source »

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