Word: marching
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Dates: during 2000-2009
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...Chase account, Madoff said in court in mid-March, was used to shuttle money back and forth between his U.S. and London operations, to make it appear he was executing trades in European markets, as he told federal regulators. Madoff made no trades at all with his Chase account, but rather just collected investor monies, wrote checks to investors, and took money for himself. In court, Madoff pleaded guilty to 11 counts of fraud, from wire transfer to money-laundering...
Moreover, Kleinhendler believes Chase abruptly pulled its $250 million in August, when, he says, "it learned from Bear Stearns executives that Madoff's investments were phony." JPMorgan Chase acquired Bear Stearns in March 2008. "Bear Stearns had done deals with Madoff. They were on boards together," Kleinhendler says, and therefore, he posits, perhaps executives at Bear knew Madoff's business was fishy and tipped the bank...
...Never underestimate the capacity of angry populism in times of economic stress," - Robert Reich, The New York Times, March...
...Congress debates health-care reform, American families are already picking up the tab for universal health coverage. That's the finding of a new report released March 24 by the Center for American Progress (CAP), a Washington-based liberal think tank...
...March 19, Chacón told Spanish soldiers at a base in Istok that they and the rest of Spain's more than 600 troops who have formed part of the NATO peacekeeping forces (KFOR) in Kosovo since 1999 had finished their work. Once Kosovo unilaterally declared independence from Serbia last year, Spain has been looking for a way out - in part because Spaniards don't recognize an independent Kosovo and also because they have their own separatist issues to deal with at home, in the form of Basque and Catalan nationalism. "The mission has been completed...