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...dumped stock of biotech firm ImClone Systems in late 2001. When the two were staying at a luxury resort in Mexico in the days after Stewart sold her shares, Pasternak testified, Stewart confided that she had got rid of them because she knew that ImClone CEO Sam Waksal, their mutual friend, and his daughters had tried to dump their stock. "Isn't it nice to have brokers who tell you those things?" Stewart said, according to Pasternak. Another memorable quote from a memorable trial--until Pasternak, under cross-examination the next day, admitted she wasn't really sure Stewart...

Author: /time Magazine | Title: Martha Stewart: Taking Friendly Fire | 3/1/2004 | See Source »

...This is like an internal mutual fund,” said Marc D. Hoffman, editor-in-chief for the Planned Giving Design Center...

Author: By Zachary M. Seward, CRIMSON STAFF WRITER | Title: Donors Flock to Invest in Harvard | 2/25/2004 | See Source »

Other concerns students raised included teaching fellow quality—the group concurred that too many don’t speak English—and student-faculty interaction, which Gross called a “culture of mutual avoidance...

Author: By Rebecca D. O’brien, CRIMSON STAFF WRITER | Title: Students Discuss Curriculum | 2/24/2004 | See Source »

...Global Investment Chief When Citicorp and Travelers Group merged in 1998, Paitchel, 45, led the effort to combine the companies' product lines for overseas investors. Last month Paitchel moved to Janus Capital Group, where she is running that firm's international operation, which manages $6 billion in assets in mutual funds and private accounts for folks from Taiwan to Milan. Whereas the domestic market is mature, Janus sees growth potential abroad for investments catering to retail and institutional clients, like Latin American pension funds...

Author: /time Magazine | Title: People to Watch in International Business | 2/23/2004 | See Source »

...would remove the currency edge of foreign securities, which in dollar terms rose nearly twice as much as they did in local currencies last year. You should favor U.S. assets. As a hedge, hold some European stock or bond funds, which as rates decline overseas could rally sharply. Consider Mutual European or Fidelity Europe Capital Appreciation, which have been top performers over the past three and five years. Credit Suisse Global Fixed Income has been a stellar bond fund over the past five years...

Author: /time Magazine | Title: Investing: Going Up? | 2/23/2004 | See Source »

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