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...about Madoff's "trading," and she holds particular contempt for the all-but-absent SEC ("one of the most dysfunctional and inept periods in the commission's history"). Also in her sights: Fairfield Greenwich, a tony hedge fund that funneled more than $7 billion into Madoff's pockets, and J. Ezra Merkin, a major-league Manhattan investor who received a staggering $470 million in fees from Madoff. Merkin vacuumed up $2.4 billion from a veritable Who's Who of Jewish New York, including Holocaust survivor and Nobel Prize winner Elie Wiesel and Yeshiva University. "You were nothing more than...
...J. Michael Murray, a Cleveland lawyer for Lion's Den, says it was "preposterous" to think Six could have defended "a statute doomed to failure." The case could have easily cost Kansas $150,000 or more to pursue, Murray says. Six's office notes that former Kansas attorney general Phil Kline once spent more than $1 million in state tax dollars defending a legal opinion on requiring health-care providers to report teenage sex; he lost the case...
...news article "Harvard Licenses Brand for Preppy Clothing Line" contained a quotation from Nicholas J. Navarro '10 that was truncated in violation of an agreement with Navarro. The quotation has been updated online to include the words "as a Latino...
...Nicholas J. Navarro '10, an executive producer of last year's Eleganza fashion show who has been criticized in the past for working on racy fashion scenes, said that he feels conflicted about the new line. "As a student on financial aid, I care about expanding the financial aid system at Harvard," he said. "But at the same time, as a Latino, I came into Harvard my freshman year with preconceptions about Harvard being a culture of wealthy Caucasians, and the product line comes at the cost of reinforcing those stereotypes...
...Alves saw pictures of the Harvard Yard clothes on the Perez Hilton blog, and said that the designs seemed especially off-putting. "I think people nowadays at Harvard shop at preppy stores like J. Crew, Gap, and Lacoste, and they don't look like people in Harvard Yard photos," she said. "The clothes seem older, and more connected to the 1950s. Harvard could have done a better job of making the clothing seem less old-school. If Lacoste can do it, I don't see why Harvard can't. Maybe they could add in more color...