Word: funds
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...unclear why such duplication exists, but it could be that these victims made efforts to list their clients (who did not have direct accounts with Madoff) or that they had multiple accounts. But many pension funds, like Orthopaedic Specialty Group PC, which had 140 investors, appeared as just one Madoff client. Orthopaedic Specialty Group is the Fairfield, Conn., pension fund mentioned by Dr. Henry Backe in the Senate Banking Committee hearings last week. Backe was seeking from the committee clarification on allowing his employees to file individually...
...Robert Chew is a former investor with Madoff via a feeder fund. He lives in Colorado...
...amounts to the first serious test of Putinomics--the policies put in place by Prime Minister Vladimir Putin during the two terms of his presidency, from 2000 to 2008, and continued by his successor, President Dmitri Medvedev. While oil money was pouring in, the Kremlin was able to fund generous social spending and hefty pay raises awarded by the monolithic state companies that dominate the economy. Jobs were plentiful, and over the past five years, average wages have risen 25% annually...
...suggested that it might be better to disband it or merge it with another agency. The bigger fix, he said, was to create one "super regulatory agency" and one national banking regulator, thereby filling regulatory gaps and duplication. Robert Chew is a former investor with Madoff via a feeder fund. He lives in Colorado...
...Prescription Drug Plan and No Child Left Behind. By contrast, even before Obama took office, he and Pelosi diverged on bailing out the failing auto companies. Looking to secure as much support as possible for the controversial aid package, Obama did not rule out Republican proposals to use a fund set up in early 2008 to modernize the industry rather than TARP money - a move Pelosi vehemently opposed. Pelosi was forced to swallow a compromise, though that deal died in the Senate and ultimately President Bush used money from the bank bailout to help Detroit. (See pictures of the remains...