Word: firms
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...surname refers us to Jesus's occupation); the fact that its success helped initiate what amounted to a new and potent movie genre - sci-fi - and, above all, the way it keeps faith with its roots in parable, telling a simple story in powerful terms, stressing a firm, easy-to-read moral and keeping the special effects to an almost homemade level. It is, in my opinion, one of the most lovable and watchable movies of the postwar era. (See the Top 10 1950s sci-fi movies...
Bernard Madoff, the former Nasdaq chairman who was charged on Thursday with massive fraud, was long considered to be quirky. Employees at the offices of his eponymously named brokerage firm in midtown Manhattan's Lipstick Building had to follow strict rules for what they kept on their desk. Family photos were allowed but only if they were displayed in a simple black frame...
Madoff was best known for being a pioneer in the business of market-making. His firm, which he started five decades ago with money he earned as a lifeguard in Far Rockaway, Queens, was for a long time primarily in the business of acting as a middle man between buyers and sellers of stocks. It is an essential function for a market like the Nasdaq, which doesn't have an actual trading floor where buyers and sellers can meet face-to-face. Madoff's firm was a major driver behind the growth of the Nasdaq, creating a system that courted...
While many other boutique brokerage firms sold out to larger firms, Madoff Securities stayed a family business. Madoff for years ran the firm with his brother Peter. More recently, much of the market-making division was headed by Madoff's two sons, Andrew and Mark...
...Thursday's raids were carried out in Brussels and the eastern city of Liege, where police confiscated computers, hard drives and at least one gun. Though Belgian authorities say they have no firm idea of exactly how, when or where an attack was to have been carried out, they decided to move on the group after learning that one member had recorded a farewell video to his family. "We don't know who the suicide bomber was targeting, but we know he was ready to go," says Lieve Pellens, spokeswoman for the Belgian Public Prosecutor. "He had said his goodbyes...