Word: funds
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Dates: during 1980-1989
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City officials will distribute public and private grant money to local groups that aid the homeless at a City Hall ceremony on Friday. Contributors include the St. George Fund, Cove Trust and the Cambridge Fund for the Homeless...
...indictment accuses Lewis of conspiring with Los Angeles broker Boyd Jefferies in 1986 to drive up the stock price of Fireman's Fund insurance company from 37 7/8 to 38 just before American Express sold 9 million shares. While Jefferies confessed last year to violating securities laws, Lewis denies any wrongdoing. Neither Robinson nor American Express is expected to be charged. If convicted, Lewis could face up to five years in prison on each of 22 counts...
...addition to live interviews with shelter workers and homeless persons during every half hour of the broadcast, WEEI raised money by auctioning off donated items over the radio, said WEEI 590 Fund Director Jim A. Pansullo...
...Shelter proposals include money for furniture, heat, food, utensils and shelter renovations," said Nance M. Greenspan, assistant manager of the 590 Fund. "Last year we received proposals from 35 shelters. This year the number of shelters requesting assistance grew to 56, indicating the worsening of homelessness in Boston," Greenspan said...
...also become a cash machine with many ways of making money. To begin with, KKR charges investors in its buyout funds annual management fees amounting to 1.5% of their investments. Companies taken private by KKR pay the firm 1% to 2% of the purchase price for handling the transaction. But the really big money rolls in when KKR starts to sell off divisions of the companies it acquires. So far, KKR has taken in $7 billion by unloading parts of Beatrice. In recent years the investors in KKR's buyout funds have earned annual returns of about 30%. Says James...