Word: insiderism
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The student loan industry has been exposed as a backwater of corruption and insider dealing. Paid vacations to the Caribbean and private stock offerings have made quid pro quo a moniker for the student lending industry. Prompted by the year-long crusade against this $85 billion per year industry led...
That's because thoroughbred ownership has become easier for ordinary investors due to the proliferation of risk-sharing joint ventures called syndicates. The proposition is simple: syndicates allow up to 50 people to pool their money and collectively purchase, maintain and race thoroughbreds, and to share in the winnings. In...
Fernandez de Kirchner's triumph is certainly historic. She has become the first woman elected President of Argentina, though not its first woman President. Vice-President Isabel Peron assumed the office in 1974 following the death of her husband Juan Peron. (She is currently in Spain fighting extradition to Argentina...
Christopher Cox, the chairman of the Securities and Exchange Commission (SEC), told a small audience at the Institute of Politics last night he is wary of the increasing role of government-controlled corporations and sovereign wealth funds in U.S. markets. Speaking in honor of the 25th anniversary of the Mossavar...
Which is why many a jaw dropped when Brown declared on Oct. 6 that there would not be an election this year or even in 2008. The Prime Ditherer said he wanted to "get on with the business of change in this country." But in the days leading up to...