Word: friend
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...shares of biomedical firm ImClone Systems, the day before its value plunged 15%. Thanks to a 1997 Supreme Court ruling, even those who lack a connection to a company cannot trade on inside information if they know it is meant to remain confidential. (ImClone was run by Stewart's friend, Sam Waksal.) Ultimately, Stewart was not convicted of insider trading, but of lying to authorities and obstructing justice during the investigation. (Read "How Washington's Bailout Will Boost Wall Street Bonuses...
Then came Madoff's swindle. Irving Picard, a court-appointed trustee, was charged with recovering the missing money, and Picower, a longtime Madoff friend who reportedly withdrew $7.2 billion over 20 years--including some $5 billion in fake profits--headlined the list of targets. Picard held that an investor of Picower's sophistication had to know something was amiss when his yearly returns went as high as 950%, and he accused Picower of helping Madoff perpetuate the scheme. Picower denied the allegations. His foundation, its endowment crippled, closed up shop...
...unbelievable,” Wheeler said. “I’ve never honestly felt anything like that. And having my roommate, basically my best friend on the team, Kate Buesser, get the assist was so cool...
...powerful reactions in even the most seasoned therapists. A Colorado sergeant who served as a dog handler in Iraq and was diagnosed with PTSD says his psychiatric counselor broke down sobbing after the sergeant described how he had been sent out to find the remains of his close friend, a helicopter pilot, who was shot down in southern Iraq. "I looked up, and there she was crying," the sergeant says. "I didn't want that from a shrink...
...that a Thai actress had claimed Cambodia's national treasure, the ancient city and temple complex of Angkor Wat, as actually being Thai - burned down the Thai embassy in Cambodian capital Phnom Penh. The incensed Thai Prime Minister at the time? None other than Hun Sen's self-proclaimed "friend," Thaksin Shinawatra...