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...Merrill, which can easily afford $100 million (average profit over the past three years: $2.35 billion). Moreover, no one went to jail. Others say he was too harsh, meddling in an area in which he had no expertise or clear jurisdiction. Spitzer agrees that the Securities and Exchange Commission (SEC) was ideally placed to pursue the case; when it didn't, he stepped in. However, he says, he never sought crippling penalties. "I began this with the premise that we did not want to challenge the financial viability of Merrill or any of the others." No perp walks necessary...
Meyer adds that unlike Enron, “all material aspects of the partnerships and economic arrangements between the partnership and Harken” were included in SEC filings...
...Vanderbilt Invitational, Harvard will have to beat Central Michigan, a team picked last in its conference, to set up a possible matchup with the host Commodores, who were the SEC champs and a No. 1 NCAA seed last year. If so, Harvard would do battle with senior 6’6 center Chantelle Anderson, the quintessential “big kid inside...
Anderson leads the list of pre-season candidates for the Naismith College Basketball Player of the Year Award. Last season she averaged 21.2 points per game and shot an SEC record and national-leading 72.3 percent from the floor—just one percent off the NCAA record. She couldn’t have been too disappointed, however. She accomplished that feat as a sophomore...
What happened after that is still not clear, but somehow her ascent was delayed, and when she was pulled by her husband Francisco (Pipin) Ferreras from the water, 8 min. 40 sec. after submerging, she was foaming at the mouth. Attempts to revive her failed, and an autopsy found she had died by drowning. Her death has roiled the new sport of "no limits" free diving, in which divers from around the world try to break records in how deep they can go below the surface on one breath of air. Mestre's death has been particularly controversial because Ferreras...