Word: morganization
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More expensive than Miami real estate and priced three-to-eight times higher than property in the rest of the Panamanian market, the Trump Ocean Club is partially financed by a $230 million bond offering from Bear Sterns. That bond is now being handled by JP Morgan following the collapse of Bear Sterns in the 2008 global financial crisis. "Without Trump, we would have lost our shirt," Khafif admits. Since then, more than 2,000 construction workers add a new floor each week, silencing many of the earlier skeptics who claimed the project would never get off the ground...
...that they don’t even bother; for others, it’s a chance to show their community what all of their hard work and research has come down to. But for Anna K. Barnett-Hart ’09, who is currently a financial analyst at Morgan Stanley, her senior thesis resulted not only with honors in economics at graduation but also with an acknowledgment in author Michael Lewis’s latest book, “The Big Short: Inside the Doomsday Machine...
...will sting themselves in the back. In the early 1880s in Britain, a debate on the topic blossomed after a London zoologist placed a scorpion in a glass container, administered chloroform and claimed he observed the animal trying to sting itself. To prove him wrong, the psychologist Conwy Lloyd Morgan set up a series of traps for the critters. "He surrounded them with fire, condensed sunbeams on their backs, heated them in a bottle, burned them with phosphoric acid, treated them with electric shocks and subjected them to 'general and exasperating courses of worry,' " notes the Endeavour article...
...very lucky that there is a core group of mental health professionals and administrators who understand where we’re coming from and act as our allies,” says Morgan L. Haven-Tietze ’10, a member of TTF. “TTF used to have to sift for understanding people in the administration, and now there are people who speak persuasively on our behalf...
...decades that a combination of a global economy, the Internet, offshore banking, was really going to take offshore tax evasion from the old so-called 'gentlemen's sport' to tax evasion for the masses," says Mark Matthews, a former deputy IRS commissioner and now a tax attorney with Morgan, Lewis & Bockius LLP. (See the top 10 crooked CEOs...