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Dates: during 2000-2009
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...According to the FT, Leon Black, head of Apollo Management and a crafty investor in distressed debt told the paper that "the extra costs of cleaning up the U.S. banking industry could total as much as $2,000bn", putting further strain on the economy. He said the woes of the commercial property had not yet been reflected fully on bank balance sheets...
Under Citi's proposed compensation plan, three of the company's top five executives would be paid a total of nearly $12.5 million in cash bonuses over the next five years. One of the executives, James Forese, is a co-head of Citi's Institutional Client Group, which lost $20 billion in 2008. Forese is rewarded $5 million under the plan. At least 15 other Citi executives are in line for multimillion-dollar payouts. Citi declined to say how much in total it has promised under the plan...
...from photography to cinema. I understood cinema was my thing because it is movement, it’s duration, it’s time, it’s words—if you need them—it’s music…it’s a total art, total expression. I think it is even the art of today.” Varda’s first feature film, “La pointe courte” (1954), stars local fishermen and their families as themselves, a technique she often uses in her work, which blends documentary...
...rhetoric and reject such barbaric treatment. Mohamed claims that the CIA would chain him in restrictive positions and that he was once shackled for eight days in a position where it was impossible to either stand straight or sit. He also allegedly spent five months in total darkness and one month straight when he was forced to continually listen to one repeated Eminem CD played at an ear-splitting volume...
Student entrepreneurs were awarded a total of $80,000 in prize money to help them develop and execute their business projects at yesterday’s I3 Harvard College Innovation Challenge. The night’s largest catches came in the form of three $15,000 McKinley Family Grants, which went to a Web-heavy slate that included online enterprises geared towards providing free SAT prep to low-income students, making holiday travel cheaper, and navigating New York City more easily. The I3 event was intended to spur greater student interest in entrepreneurship projects, which tend to go underrepresented...