Word: last
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Dates: during 1990-1999
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...boyfriend." McDermott was certainly a man who knew the market, having worked his way up from entry-level research analyst to CEO of Keefe, Bruyette & Woods, a boutique investment bank. The firm was on the verge of what would have been his crowning achievement, a $100 million public offering last May. But days before the IPO, the firm canceled the deal when McDermott told his partners he was under investigation by the Securities and Exchange Commission for giving stock tips to a friend. "It wasn't until I saw the subpoena that I saw a name attached to this...
...three years ago, they opened a fully licensed--but also fully bogus--brokerage in suburban Atlanta to get inside the drug world. Even though the customers never made a single stock trade--double-digit stock gains are paltry in contrast to 400% returns on cocaine--the sting paid off last week with federal indictments of five Colombians, who are believed to have ties to the Cali drug cartel, on drug trafficking and money-laundering charges. The indictments capped an international operation in which authorities have so far arrested more than 40 people in the U.S. and abroad and seized some...
...know we can't shop there, Harry. That ad last year said they purchase wood from an endangered rain forest in Canada...
...pockets of eco-conscious foundations, such as the Pew Charitable Trust (assets: $4.7 billion) and the Packard Foundation ($17 billion). Next year, for example, the Monterey Bay Aquarium, with money from Packard, will lead a movement to persuade consumers to stop eating the endangered Chilean sea bass--similar to last year's campaign that urged diners to "give the swordfish a break." Says Julie Packard, vice chairman of the foundation and executive director of the aquarium: "Government regulations change with each new Administration. Consumer choices can have more lasting effects...
That may prove to be more of a curse than a blessing. Last week a federal judge struck down Cleveland's voucher program, ruling that it violates the constitutional separation of church and state. Citing Jefferson and Madison, Judge Solomon Oliver Jr. wrote that because four-fifths of the private schools participating in the voucher program are religious, the program robs parents of "genuine choice" between sectarian and secular schools, thus "advancing religion through government-supported religious indoctrination." The decision is the fourth in recent months to bar the use of vouchers in parochial schools, and voucher opponents--mainly teachers...