Word: morgan
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...August 2000 she bought a two-family home in Highland Park, N.J., and searched for another single mom to live in the upstairs unit. At a local grocery store, she saw a house-hunting notice posted by Karen Van Blarcum, 35, who also has a 7-year-old son, Morgan. The match was made...
...finance—his old colleague in the Treasury Department, Peter Fisher—Rubin also reportedly called an official at the key credit ratings agency Moody’s. Rubin allegedly asked the agency to keep Enron’s investment grade credit rating in place until JP Morgan and Citigroup could complete the sale of Enron to Dynegy, though Citigroup denies that Rubin made a call...
...investment bankers in discovering the sad state of Enron’s finances. Enron declared bankruptcy soon after. Had Rubin’s alleged call to Moody’s been successful and led to the sale of Enron to Dynegy, Citigroup (together with J.P. Morgan, the other investment bank involved) would have made $90 million and Dynegy’s shareholders would have been stuck with Enron’s debts. If these allegations are proved true, Rubin will be morally obliged to follow Winokur’s lead and resign from the Corporation—perhaps only days...
Cantabrigians call their city the People’s Republic and, as befits such a town, one of its officials conducts business with blue butterflies painted on his palms. Brother Blue, or Hugh Morgan Hill ’48, is the official storyteller for both Cambridge and Boston and he has both ribbons in his hair and a business card that offers his services as “Storyteller, Street Poet, Soul Theater...
...premium price. But buyers are not always available in slow economic times, and some divisions are not appealing to anyone. "If you can't sell it or if it is very large, you do a spin-off," says Paul Gibbs, head of M and A research at J.P. Morgan in London. A spin-off is essentially giving a unit to shareholders. But because spin-offs are tax-free transactions in most European countries, they can pack benefits for shareholders and companies alike. Kingfisher even managed to recoup $1.4 billion from its Woolworths spin-off by selling the physical stores...