Word: feeder
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Many of Madoff's clients invested in his funds through a number of feeder funds, which were sold by other firms. Like supermarket brands, the funds carried the name of the investment-adviser firm, which then sent the money to Madoff to be managed. One such fund, the Tremont Broad Market Fund, attracted billions of dollars to Madoff. Many of these funds leveraged their own investment in Madoff's funds, which could amplify the losses felt by the collapse of Madoff's firm. (See the top 10 worst business deals...
...sort of script for the sale. Tonight's contains sixty-four pages, one for each lot of art. A single page contains an annotated chart of where everyone is sitting, marked with who is expected to bid and whether that person is an aggressive buyer or a 'bottom-feeder' looking for a bargain. On each page Burge has also recorded the amounts left by absentee bidders, the seller's reserve (the price under which the work will not sell), and, for almost 40 percent of the lots, the guarantees, or sums assured to each vendor whether the work sells...
...table. Please see hardcopy of magazine.] BIG U.S. AIRLINES VIRGIN AMERICA In-flight service Delete some services. Charge as much as you can for the rest Charge for the things that enhance the trip, like good food Routes Lose money on hub-to-hub flights. Earn it on the feeder business Fly point to point to cities with high business and leisure traffic International links Try to create seamless global travel through alliances or investments One brand, many airlines, each tailored to its local market
...getting on the scoreboard first on two quick goals from Bobzin and junior Kaitlin Martin—Martin’s team-leading 30th goal of the season. But the Tigers answered with three quick goals to take a 3-2 lead. All three goals came from a feeder from the behind the net to a player who quick-sticked the ball in. The most bizarre goal of the game came when the teams were tied 3-3. Freshman Jess Halpern was at the top of arc and looking to pass to a teammate who was cutting through the middle...
...Those genes code for nicotinic acetylcholine receptors, cell-surface proteins that selectively bind to nicotine molecules. Once nicotine attaches to these receptors, a series of changes in the cells is triggered: in the lungs, for example, cells are pushed into rapid, uncontrolled growth, which promotes the growth of new feeder blood vessels, creating, in turn, a particularly hospitable environment for cancer tumors. The new studies, published in Nature and Nature Genetics, found that smokers who possessed one copy of either variant were 28% more likely to develop lung cancer, while those with two copies were at a stunning 81% increased...