Word: sec
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Dates: during 2000-2009
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...prominent athletic conferences, was simply too good to pass up. “In college football, it’s understood that an opportunity like that is impossible to pass up,” Ehrlich said. “To be the head strength and conditioning coach at an SEC school—that’s being at the top of your industry, so it’s something that is unspoken—that it’s natural that somebody’s going to take that job.” Fitzgerald, who, according to Ehrlich...
...college football, it’s understood that an opportunity like that is impossible to pass up,” Ehrlich said. “To be the head strength and conditioning coach at an SEC school—that’s being at the top of your industry, so it’s something that is unspoken—that it’s natural that somebody’s going to take that...
...maybe we won't. To anyone familiar with the world of numbered accounts, it's hard to believe that the Pirate of Third Avenue will fess up entirely to SEC investigators digging for the remaining $49.15 billion in vanished loot. Maybe the money total is as inflated and false as his victims' accounts; maybe large chunks were taken out by depositors. Either way, outside experts say it stretches credulity to think a clever sociopath and long-term bandit would not take special, even basic steps to protect his extended family from the ugly shame of poverty, particularly since this alleged...
Perhaps investigators can take note from Captain Kidd, who in the late 1600s - and not far from Madoff's Montauk estate - roamed northern Long Island and Gardiners and Block islands, burying his stolen treasure. Maybe SEC investigators and Madoff's many thousands of victims should bring shovels and start digging, fast...
...worst possible way: by underlining, yet again, that savvy market-makers can harness arcane financial instruments as weapons of mass destruction. Left in Madoff's wake are bankrupt investors, mortified regulators and a raft of unnoticed red flags. Madoff's methods previously had been investigated by the SEC, and in 2001, a prescient article raised questions about his inscrutable strategies: "Madoff's investors rave about his performance - even though they don't understand how he does it," wrote Barron's Erin Arvedlund, who quoted a "very satisfied investor" as conceding, "Even knowledgeable people can't really tell you what...