Word: firming
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...Jeffrey Skilling got 24 years. In April 2008, a federal judge in Colorado sentenced 72-year-old Norman Schmidt to 330 years for using money from his investment scheme to purchase properties near Aspen and eight NASCAR race cars, among other items. Similar to Madoff's scheme, Schmidt's firm would send investors fraudulent monthly statements claiming big returns on their investments and urged them to contribute more cash...
...would clutter valuable real estate on the menus. Not surprisingly, chains won't voice the most obvious argument against high-profile calorie counts. "They're concerned that consumers will be turned off by what they see," says Tom Forte, restaurant analyst at the Telsey Advisory Group, a consulting firm...
...With annual income from the sale of his and his catalog's music at around $19 million, according to the Wall Street Journal, Jackson was still stretched. When the singer defaulted on a loan in March last year, pushing Neverland into foreclosure, private-equity firm Colony Capital stepped in to bail him out. The 50 concerts planned for London later this year could have netted Jackson as much as $100 million, with a possible world tour to follow generating five times that amount. To Jackson's debtors, if not to the singer himself, that sure would have added...
...winners have a cautionary tale to consider. The first foreign firm awarded a post-Saddam Hussein contract was the Chinese National Petroleum Corp. Oil began to flow six months after CNPC began work on the Ahdad field, located 90 miles south of Baghdad in Wasit province. But it involved learning to work with locals - with the community relations continuing to be volatile. (See a video of Iraq's domestic oil supply problems...
...Ahmad Abd al-Rida al-Asadi, the head of the Ahdab field project for the North Oil Co., the Iraqi state firm in charge, calls Wasit province "very quiet." But he wants the Iraqi government to "send additional security forces because this project is very important for the Iraqi people and all eyes fall on this project because there is a foreign company for the first time working inside Iraq...