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Before its first game, the XFL sold more than 500,000 tickets and a staggering number of red-and-black footballs. Still, new leagues have a worse record than the Cincinnati Bengals; the day that investors found out McMahon was launching a league, the WWF's stock dropped 25%. (The company had sales of $379 million and operating earnings of $59 million last year...

Author: /time Magazine | Title: Flashback: XFL's Fast-Mouth Football | 10/10/2007 | See Source »

...Littauer’s isolation inhibits engagement on all levels of the department, according to department chair James H. Stock...

Author: By Samuel P. Jacobs, CRIMSON STAFF WRITER | Title: Dean To Meet Econ Profs Over Littauer | 10/9/2007 | See Source »

...over to the Kennedy School and feel what it is like for a building to provide an intellectual environment for students,” Stock said. “It is easy for people to think that a desire for renovation is about faculty offices. But the real losers are our undergraduates, our graduate students, and the Harvard community as a whole as we lose our ability to find a meaningful center for economics in Cambridge...

Author: By Samuel P. Jacobs, CRIMSON STAFF WRITER | Title: Dean To Meet Econ Profs Over Littauer | 10/9/2007 | See Source »

...Pundits and leftist politicians have responded by saying that even if Breton and other government officials did not act on information that rough times were ahead for EADS, they must have known months before the public did. And in that time, Airbus executives had sold millions in stock options - though all have maintained they did so legally, and after consulting company compliance officials. Among those was Noël Forgeard, who as co-president of EADS exercised around $14 million in stock options he and his children held in March 2006 - netting capital gains of over $3 million, just three...

Author: /time Magazine | Title: Insider Trading Charges Rock Airbus | 10/4/2007 | See Source »

...Should investigators be able to build a case to prosecute in the EADS scandal, lawyer Maréchal says they face the daunting task of proving executives had inside knowledge that motivated their stock deals at the time of transaction. Maréchal says that has often been difficult to do under French law, explaining why there have thus far only been two major insider trading convictions: cases involving canning group Pechiney, and bank Société Général in the late 1980s. Maréchal says sentencing in those cases suggests anyone eventually condemned...

Author: /time Magazine | Title: Insider Trading Charges Rock Airbus | 10/4/2007 | See Source »

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