Word: selling
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...Obama has made some attempts to play hardball with Wall Street, however. Last summer, JPMorgan tried to lowball the Administration on warrants it wanted to buy back from the government. JPMorgan's chief, Jamie Dimon, called Treasury Secretary Timothy Geithner in July personally to pressure him to sell at the low price. Geithner held out and auctioned the warrants off last week for tens of millions more than Dimon had offered, sources familiar with the negotiations tell TIME...
...medical-marijuana ordinance being debated is putting dispensaries under increased scrutiny. At the moment, the proposed ordinance would allow the facilities to accept monetary contributions for their services, a way of finessing the stipulation under state law that dispensaries remain essentially nonprofits. Currently all dispensaries stay in business by selling marijuana, a status that city attorney Carmen Trutanich and Los Angeles County district attorney Steve Cooley believe already violates the nonprofit requirement. According to their interpretation, recent court decisions have shown that marijuana collectives cannot sell the drug over the counter for a profit, although members can be reimbursed...
...season of thinner wallets, the $7.5 billion-a-year greeting-card industry is holding up pretty well, according to the Greeting Card Association. "Card sending seems to remain relatively strong even during difficult economic times," says spokeswoman Barbara Miller, who notes the association is projecting that stores will sell 2 billion holiday cards this year, the same number they sold last year...
...follow suit here at Harvard. The Harvard Corporation has acquiesced to student pressure to divest in the past. In 1989, a campaign of three students ultimately led Harvard to divest from tobacco companies. In 2005, Harvard became the first university in the country to divest from Sudan, choosing to sell its holdings in PetroChina after two undergraduate students started an online divestment petition...
...don’t sell yourself, the next candidate will,” said Sanford...