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...Street intrigue. Yet long-standing criminal and civil charges place Badian at the center of a scheme to lend Arizona software developer Sedona much needed operating capital, then trigger the collapse of its stock and profit from the company's demise. This pattern is also alleged in the civil suit handed to Badian on Aug. 8 in his apartment in Austria--only this time the mark was pet-supplies company Pet Quarters, based in Lonoke...

Author: /time Magazine | Title: Watch Out, They Bite! | 11/9/2005 | See Source »

Usually the victims of hedge-fund excesses are their rich customers, who lose when the hedge fund makes a bad bet. But through naked short selling, hedge funds can stir up trouble for any publicly traded firm. In the case of Pet Quarters, the suit alleges that Badian's hedge fund lent the firm sorely needed operating capital on terms that allowed the hedge fund to convert the debt to shares at any time. Through naked short selling, Badian then pushed Pet Quarters stock from $4 to just pennies. Badian balanced his massive short selling with cheap shares obtained after...

Author: /time Magazine | Title: Watch Out, They Bite! | 11/9/2005 | See Source »

...campus and the Solomon Amendment. While these dialogues are important to promoting political engagement, these policy debates can splinter the unity of the Harvard community. Similar to the growing partisanship in Washington, it is apparent from the current ideological warfare among students that Harvard seems to be following suit. But in celebration of Veteran’s Day, which coincides with the recent U.S. troop death toll in Iraq reaching 2,000, it is important that the Harvard community honor the dedication and sacrifice of our countrymen and women in uniform. In hopes of encouraging campus wide appreciation and commemoration...

Author: By Elise M. Stefanik, CRIMSON STAFF WRITER | Title: A Patriotic Partnership | 11/8/2005 | See Source »

...Crimson’s suit was previously dismissed by Middlesex Superior Court Justice Nancy Staffier on March 17, 2004 on similar grounds, asserting that it is a legislative issue...

Author: By Benjamin L. Weintraub, CONTRIBUTING WRITER | Title: Crimson Lawsuit at State Supreme Court | 11/8/2005 | See Source »

What am I doing here in a suit...

Author: By Aidan E. Tait, CRIMSON STAFF WRITER | Title: FACEOFF 2005-2006: A Sophomore Once Again | 11/7/2005 | See Source »

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