Word: investors
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Dates: during 2000-2009
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This winter, several Harvard professors opened their mailboxes to find anonymous, unmarked envelopes.Enclosed were copies of “How Harvard Lost Russia,” an article by veteran investigative journalist David W. McClintick ’62 in the January issue of Institutional Investor magazine. In 18,000 words, the spellbinding narrative detailed the University’s effort to reform the Russian economy in the 1990s—and the fraud scandal that resulted. The U.S. Department of Justice alleged that University employees who steered the project violated their federal contracts by making personal investments...
Today not much is left of the pipeline company that Lay, the preacher's son from Missouri, turned into a high-flying purveyor of wind and water, electricity and energy emissions and, ultimately, hot air. Billionaire investor Warren Buffett now owns the Big E's biggest pipeline. Texan T. Boone Pickens has replaced Enron as the nation's biggest energy trader. A holding company that operated Enron's international assets last week sold off 15 pipelines and power plants, from Bolivia to Turkey...
...days, global investors have lurched from the happy hope that virtually every asset could continue going up at once, to the wrenching fear that inflation is about to surge. Markets have a memory, and certainly the trauma that inflation created for investors in the 1970s is still close to the surface. Is the surging price of gold and oil telling us that we are headed back to those days? Will inflation once again ravage the markets? One must always remain vigilant. Markets, indeed entire economies, can turn in what appears to be an instant. Stuff happens. But in my view...
After scoring a $13 million cash infusion from venture firm Accel Partners last May, the ubiquitous college and high school social networking website received a combined total of $25 million last week from Greylock Partners, Meritech Capital Partners, and investor Peter Thiel, the co-founder of PayPal...
...controversy reignited on campus in February, as professors cast the details described in the Institutional Investor article as instances of favoritism and misconduct by Lawrence H. Summers...