Word: stanleys
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...when two hedge funds it managed nearly imploded in June--as the subject of the industry's most feverish when-will-he-go talk. Citi was far from alone in its troubles. BofA (profits down 32%) and Wachovia (down 10%) had bad quarters too, as did investment banks Morgan Stanley (down 7%) and Merrill Lynch (which recorded a loss...
...hair rubbed off his neck, and wouldn’t let anyone within a couple of feet of him. When we moved, he ran away for a week, but after my mom rode her bike around the complex he showed up at our door. It was a Stanley-Livingston moment of feline proportions: Zorro, I presume?When I was nine, another cat started appearing at our apartment. We took her in, named her Lady and promptly realized that there were two of her…and three kittens living in a bush outside our building. This led to the high...
...steady cash flow of decades' worth of tolls. There are 71 projects worth $104 billion being considered for private development by state and local governments, according to the publication Public Works Financing. The proposals are feeding a new pack of investment funds from the likes of Goldman Sachs, Morgan Stanley and the Carlyle Group--as well as controversy over how roads should be paid...
...official gratitude. But more deliciously, it can make headlines as the world oohs and ahs over sums spent. In 2006, Hong Kong petroleum executive Alice Cheng paid $19.4 million for a prized decorated bowl, shattering the previous world record for Qing dynasty porcelain. In late September, Macau gaming tycoon Stanley Ho spent $8.9 million on a bronze horse head looted by British and French troops from Beijing's old Summer Palace, or Yuanmingyuan, in 1860. He then donated the artwork, which fetched the highest price ever paid for Qing sculpture, to the Chinese state. "Bringing back all the things from...
Gambling has come to the rescue of China's cultural patrimony. A Macau casino tycoon purchased a bronze horse head that was looted from Beijing's former Summer Palace in the 19th century and has donated it to China. Sotheby's Hong Kong announced Thursday that Stanley Ho paid $8.84 million for the piece, a record for Qing dynasty sculpture...