Word: strikes
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...charge, describing the SEC as a regulatory agency that "roars like a mouse and fights like a flea." With the sober, academic look of an accountant, the former investment manager for Rampart Investment Management in Boston (he is currently an independent certified fraud examiner) detailed Madoff's phony split-strike conversion strategies and oddly "unsophisticated portfolio management." Markopolos said Madoff's "math never made sense" and his "return stream never resembled any known financial instrument or strategy...
...index, you better at least resemble that stock's performance," he said. He also compiled statistics from S&P 100 index options and from the Chicago Board Options Exchange as reported in financial media. "There were not enough index options in existence for Madoff to be managing the split strike conversion strategy he purported to be running," he said. But the biggest tip-off of a fraud was that Madoff reported his fund was down only three months out of 87, whereras the S&P 500 was down 28 months during the same period...
...Here’s some “context” Kennedy skipped: when Israel launched its preemptive strike in 1967, it was under direct threat from Soviet-backed Arab states that had blockaded Israel’s shipping routes—an act of war under international law. Arab states still refused peace, negotiations, or recognition of Israel until Egypt agreed to peace with Israel in 1978 and duly recovered its territory...
...Billboard charts for another seven years. Britain devoured Holly records faster than the record company could produce them. Demo tapes, B-sides, previously unreleased recording sessions - they all shot up the British charts and turned Holly into one of the forefathers of the British Invasion that would strike America five years later. Both John Lennon and George Harrison learned to play guitar in part by listening to Buddy Holly records. The first Rolling Stones' single released in the U.S. was cover of Holly's "Not Fade Away." (See a video of Buddy Holly singing "Peggy...
...Sejong Institute's Song, "did not like Hillary's nuance at the confirmation hearing, that denuclearization comes before a sincere dialogue. North Korea does not want itself to be on a back burner when it comes to the new Administration's foreign policy. It wants to bypass Seoul and strike a direct deal with the U.S. North Korea is sending a message to Obama that it wants an expedited dialogue." (See pictures of orchestral diplomacy in Pyongyang...