Word: purchaseed
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There are significant drawbacks for companies taking this route, however. A Malaysian company accepting yuan as payment would have few reasons to hold the currency, which is not fully convertible. "Even if you could own the yuan through these swaps, what would you do with it?" asks Mark Matthews, a...
In some cases, Cuomo says, Merkin told investors only 15% of Ascot investments were placed with Madoff. In reality, the entire fund was invested with the Ponzi scheme, the suit alleges. In another example, the suit says Merkin told investors all of Ascot's assets were maintained in a Morgan...
In addition to receiving $5.2 million in compensation from hedge fund D.E. Shaw and $2.7 million in speaking fees, former Harvard President and professor Lawrence H. Summers also received nearly $600,000 in salary from the University this past year—only slightly less than what he was earning...
Over five hundred walkers came together on Saturday for the Sixth Annual Walk for Haiti, successfully raising over $40,000 dollars for Harvard-affiliated international healthcare organization Partners in Health (PIH), according to Karen Fritsche, the walk’s co-founder. This year’s theme was ?...
How to get this look: head to Goodwill, purchase pantsuit, change, go to party. That’s it. No makeup or bling necessary. Optional: shoulder padding.