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...addendum, which was written by former Crimson president Amit R. Paley ’04 and the Undergraduate and Graduate Council representatives to the group, Scott F. Goldman ’04-’05 and Tracy J. Wells, primarily criticized the recommendation regarding the confidentiality of HUPD’s internal reports and the lack of any final vote approving the group’s report...

Author: By Evan M. Vittor, CRIMSON STAFF WRITER | Title: Students Contest HUPD Privacy | 6/7/2004 | See Source »

Certainly, the run of greed-inspired scandals beginning in 2001 with Enron has brought about meaningful changes. The accounting industry now has a federally chartered oversight board. Stock analysts are no longer permitted to shill for investment bankers at road shows. Bankers at Goldman Sachs can't talk to analysts on the phone without a corporate chaperone listening in, and e-mails between their departments automatically bounce back. The compensation committees of public companies must now be composed of independent directors, reducing the chances for cronyism. There's legal basis for forcing executives to give back bonuses when accounting fraud...

Author: /time Magazine | Title: The Rumble Over Executive Pay | 5/31/2004 | See Source »

...publication, claimed that assets under management in hedge funds had surpassed $1 trillion. Another analysis firm puts the figure at more than $860 billion - up from $456 billion five years ago. To be sure, hedge funds still account for less than 1% of assets under management worldwide. But a Goldman Sachs?Russell Investment Group study released in 2003 forecast that the percentage of European institutions investing some part of their portfolio in hedge funds will rise from 21% in 2003 to 50% in 2005. What's the attraction? Huge returns. In 2003, hedge funds globally returned an estimated 13%, with...

Author: /time Magazine | Title: Should You Join The Hedge Fund Circus? | 5/23/2004 | See Source »

...Bangalore and Hyderabad never reached the rural villages and urban slums where 80 percent of the population continues to live in grinding poverty. The rewards of globalization and India's emergence as a high-tech powerhouse have been enjoyed only by a tiny percentage of Indians. As a Goldman Sachs report recently noted, India is home to one third of the world's software engineers and one quarter of its undernourished population. And for the impoverished majority, the message of a "Shining India" rang hollow, at best, or worse, sounded like rich folks showing gloating over their prosperity...

Author: /time Magazine | Title: Why India's Government Lost | 5/14/2004 | See Source »

...sangfroid, there is no guarantee that Troy will be a hit. Summer blockbusters have become the riskiest investment in the film business. In his book Hollywood Economics, economist Arthur De Vany analyzed 2,015 movies to determine what succeeds and what fails. The answer, best summarized by screenwriter William Goldman, is that "nobody knows anything." What De Vany did learn is that moviegoers behave according to the principles of Bose-Einstein condensation--a fancy way of saying they are more likely to go to a movie if they receive an "authentic signal" that other people have enjoyed it. Before...

Author: /time Magazine | Title: Troy Story | 5/10/2004 | See Source »

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