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...very secretive and tough to get into, which, looking back, was a brilliant strategy to lure suckers. Unlike the usual Ponzi mechanics, the fund even stopped investments into accounts a few years back, at least in our network. There were the usual warnings prior to investing - we all knew it was a risk, we were told to make sure we were diversified, blah-blah - but, my God, it had been going strong for so long and with such fantastic returns, we had to get in. The Securities and Exchange Commission even gave Madoff a clean bill of health several years...
...just prior to the start of the Summer Olympic Games in Beijing, police officers were hit by a truck being driven by Uyghurs. According to The New York Times, 16 officers were killed in what was billed “the deadliest assault in China since the 1990s...
Asking departments to limit their searches for new faculty also helps send a message that budget issues are serious and likely to persist. This will hopefully help departments internalize the need to collectively tighten the belt and not expect to adhere to prior spending levels...
...Each week, roughly 20 to 25 cases reach Boston Housing Court, but the number of foreclosed properties is far greater, Whiting says. In contrast, prior to the bursting of the real estate bubble, so few eviction cases reached the court system that the litigation gap “wasn’t even on the radar,” Whiting says...
...last governor before Blagojevich to be charged with a felony was the last governor Illinois had before Blagojevich, George Ryan. Prior to taking office, the cigar-chomping wheeler-dealer served two terms as secretary of state, from 1991-1999. In 1994, a fatal truck accident outside Ryan's office inadvertently exposed a scheme to trade truck operators' licenses for political contributions. The subsequent investigation, called Operation Safe Road, took years to complete; when it was done, 79 people were charged, including Ryan. The former governor was found guilty on 18 felony counts, including racketeering conspiracy, mail fraud, tax fraud...