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...early 1990s. At that time, the country was in a recession and this posed a problem for investments in the securities markets. Nevertheless, I had received investment commitments from certain institutional clients and understood that those clients, like all professional investors, expected to see their investments out-perform the market. While I never promised a specific rate of return to any client, I felt compelled to satisfy my clients' expectations, at any cost. I therefore claimed that I employed an investment strategy I had developed, called a "split strike conversion strategy," to falsely give the appearance to clients that...

Author: /time Magazine | Title: Bernard Madoff's Full Statement to U.S. District Court | 3/12/2009 | See Source »

...effect you might anticipate. Almost since their first meeting, in 1976 as students at Bamako's Institute for Young Blind People, Amadou and Mariam have billed themselves as the Blind Couple of Mali, and if the lack of an exclamation point reads as restraint, factor in that they often perform in diamond-studded sunglasses. Faced with a world that tends to view blindness and African-ness in tragic terms, Amadou Bagayoko (he plays a killer guitar) and Mariam Doumbia (she sings like an adoring aunt) go out of their way to assert that things are pretty great with them, thanks...

Author: /time Magazine | Title: Whole Lotta Love | 3/12/2009 | See Source »

...gotta remember that your kid is still little. You want to keep it fun and keep it interesting for your kids. Don't put too much pressure on them to try to perform, because they're not going to be in the big leagues tomorrow. You want them to try and have as much fun as they possibly can and enjoy the game for as long as they...

Author: /time Magazine | Title: 10 Questions for Ryan Howard | 3/12/2009 | See Source »

Singer-songwriter Sara Bareilles will be performing at the College’s fourth annual Yardfest on April 19, the College Events Board announced last night. The Grammy nominee will be followed by New York City electronic music group Ratatat, comprising Mike Stroud on guitar and Evan Mast on synthesizer. The group is known for its original instrumental compositions in addition to its sampled hip-hop remixes. “We have never had a big electronic band come to Yardfest in the past, so it’s something new,” said CEB Chair Kevin...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Bareilles, Ratatat To Play Yardfest | 3/11/2009 | See Source »

...anger and frustration within Harvard’s Chinese community. Party-goers were encouraged to write phrases on strips of tape and paper in glow-in-the-dark highlighters. But after the party’s conclusion, students discovered inflammatory writings such as “Chinese people perform genocide” and “Chinese people suck” written on the walls. “I think outrageous would be a good adjective to describe it,” said Daniel C. Suo ’10, co-president of the CSA. CSA board members have...

Author: By Spencer H. Hardwick, CONTRIBUTING WRITER | Title: Party-goers Leave Racist Messages at CSA Party | 3/11/2009 | See Source »

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