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...According to a 200-page CBI report, Satyam insiders forged board resolutions to secure $260 million in bank loans which were diverted for personal use, and over several years generated fake customer identities and account statements to inflate Satyam's revenues by millions of dollars, boosting the company's share price and making its books look far healthier than they were. Investigators following the paper trail have discovered that embezzled funds were channeled into 1,065 properties valued at $74 million, including some 6,000 acres of land, 40,000 sq. yd. of housing plots...
...position, Hancock becomes the public face of the current despised setup, perhaps the last man standing against the playoff. Si.com's Andy Staples wrote that Hancock's job "is only slightly easier" than being a "Ringling Brothers elephant cage cleaner" or "Jon Gosselin's publicist." On his Twitter page, Yahoo! Sports columnist Dan Wetzel, who also admires Hancock personally and is the most vocal, and reasoned, media critic of the BCS, wrote, "I hope Bill Hancock is being paid big to get humbled." (Heads up, Bill: Wetzel is also authoring an investigative book...
...front-page article in Tuesday’s Crimson, “UC Race Opens With Media Rush,” Crimson writers reported that “the ‘Long-Johnson’ ticket… seems to be taking the race less seriously” than the other candidates. Our campaign would like to set the record straight and send a message to our opponents and the student body: this campaign is serious. While it may be true that Long-Johnson (note to Crimson editors: no quotation marks needed) has had a slow start...
...Massachusetts was founded by religious people,” says Jonathan C. Page ’02, the Epps fellow and assistant chaplain at Memorial Church. “Back then, theology was queen of scientists. Therefore anyone who went to Harvard was a leading citizen of the colony—a good theologian...
...Harvard became the first college in the United States to remove compulsory morning prayers and chapel under President Charles W. Eliot. And throughout the 19th century, Harvard consistently produced the fewest ministers compared to peer institutions, Page says...