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...also reported extremely good earnings and said 2009 would be at least as good. Only one of its five major businesses would need to get into trouble for that forecast to come unglued. If sales in its hardware operation fall apart, its earnings forecasts could be off by a significant amount. All of those investors that looked at IBM as a good gamble would end up losing money...
Most Ponzis Addelman sees are unregistered funds, so it's often "too late for us to stop the major damage." In the new SEC case against Ossie, however, "this was ongoing and he was still getting money from investors," she says. "We had to move fast to shut it down." (See pictures of the top 10 scared traders...
...progressive" simply by asserting that climate change was real. In 2007, under these circumstances - perhaps because of them - was born an unlikely alliance between Duke Energy, a North Carolina-based utility that depends heavily on coal, and the Environmental Defense Fund, which together with 30 other green groups and major corporations, formed the U.S. Climate Action Partnership (USCAP...
...Mexico City policy, as it is known, has been one of the most visible differences between the two major political parties on the issue of abortion, in part because incoming Presidents have taken action on it within days of entering the White House. Bill Clinton repealed the policy on Jan. 22, 1993, citing his concern that the ban prevented women and children from receiving health services. Eight years later, George W. Bush reinstated the policy on Jan. 22, 2001. "It is my conviction," Bush said, "that taxpayer funds should not be used to pay for abortions or advocate or actively...
...political rivals. "If they were together on an island in a Survivor episode," says Reuven Hazan, a political scientist at the Hebrew University, "they would end up killing each other." And, needless to say with an election looming on February 10, that political rivalry appears to have had a major impact on Israel's conduct...