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...Madoff was behind all the "trades" maybe we would have made a better investment decision. Maybe. Other victims, however, with direct access to Madoff, such as those going through licensed brokerage firms like Minneapolis' Engler & Budd, knew the name Madoff and invested big because of his strong reputation and track record...

Author: /time Magazine | Title: Who Is Bernie Madoff? Many Investors Didn't Ask | 12/23/2008 | See Source »

...Google Earth-eye view of the entire city, from the Sunset District to North Beach. CH2M Hill has already labeled all 925 existing solar systems throughout the city, including commercial sites, government sites and the handful of residential sites, which is nice if you're keeping track of these things. But the really cool part comes when you enter in an address - any address in San Francisco - into the website. The camera shifts to a rooftop view of the business or home, with data on the size of the roof, its estimated solar energy potential, the estimated electricity that could...

Author: /time Magazine | Title: Mapping Renewable Energy, Rooftop by Rooftop | 12/22/2008 | See Source »

...McGladrey & Pullen all gave clean bills of health to the numerous funds that invested with Bernard Madoff and his asset-management firm. Clients say the large accounting firms signed off on statements that said the Madoff investment vehicles had billions of dollars in assets as well as an unlikely track record showing years of always-positive returns. The billions have vanished, and the impressive returns now look to have been made up. See the top 10 financial collapses...

Author: /time Magazine | Title: The Madoff Fraud: How Culpable Were the Auditors? | 12/17/2008 | See Source »

...According to the city’s budget director, Louis A. Depasquale, Cambridge was on track to pay off its unfunded liability—reported at $67 million at the start of the year—by 2013. Massachusetts law requires cities and towns to pay off their unfunded liabilities by 2028. [SEE CORRECTION BELOW...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Cambridge Pensions Relatively Robust | 12/16/2008 | See Source »

...last Faculty meeting, Smith asked professors to consider how they could cut 10 to 15 percent of their departmental budgets in anticipation of a FAS budget shortfall of at least $100 million. The day before, Smith had announced a hold on the bulk of current searches for tenure-track and tenured faculty. By early last week, the 50 authorized searches underway for new faculty were confirmed to have been cut to 15. Many staffers said they have not heard news of impending layoffs, and that the possibility seems slim—Holt said he has been told that...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Hiring Freeze Still Concerns FAS Staff | 12/16/2008 | See Source »

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