Word: robbed
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Dates: during 2000-2009
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Though a Boston businessman named Charles Ponzi was the scam's namesake, he wasn't its original practitioner. According to Mitchell Zuckoff, a Ponzi biographer, the reigning king of the "rob Peter to pay Paul" scam was a New York grifter named William Miller, who bilked investors out of $1 million - nearly $25 million in today's dollars - in 1899. After drumming up interest by claiming to have an inside window into the way profitable companies operated, Miller - who earned the nickname "520 percent" due to the astonishing rate of return he promised investors over the course of a year...
...said. “He’s a solid defender, solid inside, and a really good shooter outside. He’s shown the confidence to hit big shots late in the game.” GW forward Damian Hollis had a game-high 22 points, and forward Rob Diggs and guard Tony Taylor also posted double figures with 12 and 11, respectively. —Staff writer Walter E. Howell can be reached at wehowell@fas.harvard.edu...
Many of Africa's conflicts can be explained as tinderboxes that had long been waiting for a spark. In northern Kenya, Turkana tribes and armed gangs murder and rob each other in a cycle of violence fuelled by eight years of drought. In Rwanda, there is an increasing consensus that Africa's other recent genocide is at least partly understood as a contest between too many people on too little cultivable land. The U.N. Development Program predicted as long ago as November 1999 that one in two Africans would face water shortages by 2025, and said it expected violent flashpoints...
...questionable decisions (The Stone Roses' "I Wanna Be Adored" is way better than the book's choice of "She Bangs the Drums,") that can be chocked up to a matter of taste. But for the most part, the project comes off like a personal message that High Fidelity's Rob Gordon might obsessively attach to a mix-tape...
...Lewis, and Herb and Marion Sandler, who once owned Golden West Savings and Loan. All three benefactors are represented directly or indirectly on the CAP board. Since 2005, the larger group of wealthy liberals, known as the Democracy Alliance, has also begun to contribute significant sums to the effort. Rob McKay, the heir to a Taco Bell fortune and chairman of the Alliance, says that between 30% and 50% of the Alliance's 107 wealthy members have given money to the Center for American Progress, or its political offshoot, the Center for American Progress Action Fund. (Corporate benefactors...