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...problem for investments in the securities markets. Nevertheless, I had received investment commitments from certain institutional clients and understood that those clients, like all professional investors, expected to see their investments out-perform the market. While I never promised a specific rate of return to any client, I felt compelled to satisfy my clients' expectations, at any cost. I therefore claimed that I employed an investment strategy I had developed, called a "split strike conversion strategy," to falsely give the appearance to clients that I had achieved the results I believed they expected...

Author: /time Magazine | Title: Bernard Madoff's Full Statement to U.S. District Court | 3/12/2009 | See Source »

...guys that haven't done anything and don't need to use anything, it's tough because we have to answer those questions and there is that cloud that does hang over us. I've always been that guy who never used steroids, never believed in it. It just felt like that's not me going out there and playing the game...

Author: /time Magazine | Title: 10 Questions for Ryan Howard | 3/12/2009 | See Source »

...audience members were not the only ones to appreciate the performance. When asked about the unique experience, Wu noted that it was “more relaxed than a formal performance in front of a lot of people.” Wei felt indebted to Janet M. Sartor, Public Programs Coordinator of Harvard Art Museums, who urged Wu to try out at the open audition...

Author: By Antonia M.R. Peacocke, CONTRIBUTING WRITER | Title: Museum Matches Music to Masterpieces | 3/11/2009 | See Source »

...jurisdiction of individual principals, but the hope is that all schools will implement some kind of effort to address the issue. Marc C. McGovern, who chairs the subcommittee, said that there would be many more discussions on the issue, but that he and the other school committee members felt it was important to hear directly from the community first. “We’re not going to reach the academic achievement and academic goals that we want to reach if we have schools where staff and students don’t feel safe,” McGovern said...

Author: By Michelle L. Quach, CRIMSON STAFF WRITER | Title: Public School Climate a Concern | 3/11/2009 | See Source »

...little bit slower,” but the drop has not been dramatic.On the other hand, Christopher T. Principe, general manager of Cambridge 1—a casual sit-down restaurant known for their thin-crust pizzas—said, “We haven’t felt too much of a loss. We’re still surviving over there.”The restaurant hasn’t seen bill figures going down, either. But in places where diners are now spending less, collateral damage is felt throughout the ranks.Chez Henri, a Porter Square restaurant that offers...

Author: By Lingbo Li, CRIMSON STAFF WRITER | Title: Restaurants Deal With Economic Trouble | 3/11/2009 | See Source »

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