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Eugene M. Plotkin ’00 has been released on $3 million bail after being arrested for his involvement in an insider trading ring that includes stock analysts, a Croatian aunt, and at least one exotic dancer. His pretrial hearing will take place on September 6. According to the criminal complaint filed by the Securities and Exchange commission, Plotkin and former Goldman Sachs analyst David Pajcin organized a “widespread and brazen international scheme of serial insider trading...resulting in at least $6.7 million of illicit gains.” The complaint says that Plotkin and Pajcin...
...frozen blood, steroids, growth hormones and EPO, among other substances. Five people were arrested, including a doctor, Eufemiano Fuentes, who has links to many lite riders. The Spanish Cycling Federation handed over a report to Tour officials implicating the three high-profile barred riders in the doping ring. The report also named five riders from the Astan-Wrth team, forcing all nine of its riders off the Tour (a team needs six cyclists to start the race). So although he's not named in the probe, Astan-Wrth's lead rider, Alexander Vinokourov of Kazakhstan, is also...
...work itself. After traveling through the academic year at warp speed, a languid summer comes as a blessing. There’s something soothing about selling movie tickets and popcorn. It requires little mental exertion, and there’s no creative thinking involved. The math required to ring up orders is done by the register. Once the movies start playing, the lobby empties, and the staff is free to read, chat, or goof off until the next set of shows. Few jobs pay for pleasure reading. It’s as if the mind can finally shut...
...odds were excellent that the diamond in the engagement ring I gave my fiancée had passed through the De Beers chain. At the time I bought it in 2000, the cartel controlled up to 75% of the world's rough diamonds. The most likely point of origin-statistically speaking-was the mine at Orapa in Botswana. But the symbol of my love also could have come from Russian Siberia or the Premier Mine in South Africa or from the war spoils of Angola. There was no way to trace its history, except to say De Beers' office...
...Japan The Japanese had no need for diamonds. The engagement ring had no place in their historical notion of romance. No rings were ever exchanged. But in the mid-1960s, the De Beers cartel looked at Japan and saw potential. The J. Walter Thompson advertising agency was hired to flood the Japanese media with advertising touting the rings as a symbol of Western sexuality and prosperity. In 1966 less than 1% of Japanese women received a diamond ring when they married. By 1981 that figure had rocketed to 60%. And after another decade of sustained advertising, close...