Word: investors
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Dates: during 2000-2009
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...opinion, you might have to get rid of Jerry and part of the board to bring back Microsoft." - Activist Investor and Yahoo! shareholder Carl Icahn, after Yang turned down Microsoft's 2008 buyout offer (New York Times...
...million to settle out of court. Shleifer was required to pay an additional $2 million as part of the settlement.Despite the controversy, Shleifer was allowed to keep his endowed Harvard professorship, in part due to his close relationship with Summers, according to a January 2006 article in Institutional Investor magazine.A month after the article was published, Abernathy and 15 other FAS professors spoke out against Summers, and on Feb. 9, German and comparative literature professor Judith L. Ryan submitted a motion for a vote of no confidence in the University president—the second called for in two years.Summers...
...Increasingly, so do investors, who are losing faith in hedge funds as a safe place to park their wealth during times of economic turmoil. Funds flourished earlier this decade by offering higher returns than investors could get in more conventional vehicles. Because they are largely unregulated, managers are free to employ a wide variety of sophisticated strategies, including short-selling (borrowing a stock and selling it in the hope of buying it later at a lower price to return to the original lender). The objective is to achieve - for hefty fees - consistent positive returns in good and bad markets...
...Thai court sentenced him in absentia to two years' imprisonment for a conflict of interest conviction. The Thai telecoms tycoon had spent a good deal of time in England after his ouster, making headlines by buying the Manchester City soccer team before selling it to a Middle Eastern investor group earlier this year. Thaksin was in China when his ban from Britain was publicly announced...
...used to be that if we got an allocation of tax credits, say a million dollars, we could actually get out of the investor about $900,000,” said CHA Director of Planning and Development Terry Dumas. “Now we probably get 780,000, so we’ve lost almost 14 percent of the power of the tax credit program...