Word: investors
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Dates: during 1990-1999
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This "new refugee" phenomenon, though, is not just unique to the liberal Clinton administration. Back in 1962, during Kennedy's reign, the legendary global investor Sir John Templeton renounced his U.S. citizenship, moving to Nassau...
...modern art and ballet. Foley's straight-arrow image also has suffered since the furor last year over $100,000 in gains that he pocketed during four years of buying initial public offerings of stock. These highly profitable deals were legal but not available to the average investor; Foley subsequently closed his account...
What a to-do over a guru. in recent weeks Institutional Investor magazine rated Elaine Garzarelli the top stock picker in her field for the 11th year in a row. But no sooner had the magazine hit the stands than Garzarelli abruptly became the most famous person to join the ranks of Wall Street's unemployed. With investment firms contracting -- 2,000 layoffs have been reported so far this year, and an additional 8,000 could follow in the next 12 months -- Garzarelli's bosses at Lehman Bros. announced last Tuesday that they could no longer afford her nearly...
...also denied rumors that his family is a major investor in the company which produces the energy-efficient lights he sold to Harvard during his first-year. "I wish it were true," he said...
Some mutual-fund critics want the government to go further and ban altogether the use of derivatives in money-market portfolios and other low- risk funds. "We've seen that derivatives are simply not appropriate for funds that are supposed to be invested conservatively," says Barbara Roper, % director of investor protection for the Consumer Federation of America. "The reason for the bailouts is an acknowledgment on the part of the companies, whether they would say so in so many words, that investing in those types of instruments was not appropriate...