Word: oldest
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Dates: during 1990-1999
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...Freedman and her colleagues are right about their space-telescope observations, it would seem that the universe hasn't caught on to this bit of common sense. The most straightforward interpretation of their data implies that the cosmos is 12 billion years old, max. But experts insist that the oldest stars in the Milky Way have been around for at least 14 billion years. "They could quite easily be several billion years older than that," says Yale's Pierre Demarque...
Singapore authorities are on their way to Germany with an arrest warrant to seek extradition of the young stock trader whose extravagant gamble on the Tokyo market brought down Britain's oldest investment bank. Nicholas Leeson, a Briton who worked in Singapore, fled that country when his bet caused some $1 billion in losses for Baring Brothers & Co., after a drop in the Tokyo market last week. Police pulled him off a plane in Frankfurt last night and are detaining him. An extradition hearing before a judge is expected to take place tomorrow. TIME Bonn bureau chief Bruce Van Voorst...
David M. Weld '98, the oldest of Weld's five children and a Wigglesworth Hall resident, said yesterday that he supports his father's decision wholeheartedly...
...tracked to Malaysia, where he checked out of a hotel on Friday. Leeson's risky dealings were detected last week when he ran out of money and asked the home office for more, according to a British government source. TIME London bureau chief Barry Hillenbrand says Leeson is the oldest of four siblings born to a blue-collar family in a London suburb, an average student who did not attend college and began his career as a bank clerk.Post to Business "Baring Bros. Collapse...
...year-old British stock trader whose high-stakes gambles caused the collapse of England's oldest merchant bank is nowhere to be found. The Business Times in Singapore reported that Baring Brothers & Co. trader Nicholas William Leeson, who was working for the bank in Singapore, fled the country today, as the bank sought a criminal investigation. Leeson allegedly gambled more than the bank was worth on Tokyo stock futures, losing more than $1 billion when the market fell last week. That forced Baring to declare bankruptcy yesterday and triggered worldwide stock slides today. Baring investors and its U.S. subsidiaries...