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...highways for options other than Nick’s Famous Roast Beef. “I think I’m getting the chicken parm’, baby,” Snow says. The three men consider other possibilities. “I was thinking the steak and cheese sub, but I can do pizza,” Scalise concedes. “If it’s the right pizza...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Grabbing the Reins | 4/8/2009 | See Source »

...tunnel, according to the two professors of economics who lead a discussion on “The Global Impacts of the Financial Crisis” yesterday afternoon. International Economics Professor Richard N. Cooper said he was surprised by the extent of the damage wrought by the sub-prime mortgage crisis. “I don’t know of anyone who foresaw the ramifications of the sub-prime crisis through the whole economic system,” he said. “At least until last July, I thought that we could avoid a recession in the United States...

Author: By Kate A Borowitz, CONTRIBUTING WRITER | Title: Professors Discuss Financial Crisis | 4/8/2009 | See Source »

Fairfield, Madoff's largest "feeder," with some $7 billion invested, was run by socialite Walter Noel. Through this entanglement of feeder funds, international hedge funds, sub-partnerships, and pension funds, with thousand of unsuspecting investors, Madoff was able to keep his house of cards standing much longer than he otherwise could have with his band of family members, small-time accountants, and clerks furiously cranking out false statements...

Author: /time Magazine | Title: Madoff Feeder Merkin Charged by Cuomo | 4/6/2009 | See Source »

...Through this entanglement of feeder funds, international hedge funds, sub-partnerships and pension funds, with thousands of unsuspecting investors, Madoff was able to keep his house of cards standing much longer than he otherwise could have with his ragtag band of family members, small-time accountants and clerks furiously cranking out false statements...

Author: /time Magazine | Title: How Madoff's Feeder Funds Stole My Retirement | 4/5/2009 | See Source »

...fees: 25% of income earned. Chais isn't talking, but that adds up to real money, enough to create, in his case, a foundation, the Chais Family Foundation, purportedly worth $175 million before Madoff's arrest on Dec. 11, 2008. The foundation is now kaput, as is Chais' financial sub-empire and as is, for that matter, my retirement. Chais has several lawsuits pending against him, including one by Eric Roth, the Hollywood screenwriter...

Author: /time Magazine | Title: How Madoff's Feeder Funds Stole My Retirement | 4/5/2009 | See Source »

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