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...Deposited at an orphanage by her father as a child in 1893, she stares at the nuns around her, downloading the crisp whites of their wimples for future use. When she's apprenticed to a hosiery maker and trying to make money on the side singing in bars with Adrienne Chanel (Marie Gillain, playing a composite of Chanel's aunt and her sister), she rips apart a corset, giving Adrienne's lush body a chance to move within the clothing. As a young woman, vacationing with her lover at the beach, she covets the simplicity of the striped sweaters...
...when a new rule, approved by the NYSE and the SEC, goes into effect and no longer allows brokers to vote shares if they haven't received specific instructions from the shareholder on how to vote those shares. In the past, Fenn says, brokers were allowed to use their own discretion to vote shares and "typically voted management's slate" of directors...
...example, boosted its net interest earnings, a key measure of profitability for banks, nearly 20%, to $12.6 million, in the second quarter of this year. Yet in early August the government decided to send the bank $50.2 million in TARP funds. U.S. Century executives say they plan to use the money to increase lending and boost profits. "The banks that are getting the TARP money now really don't need it," says Steve Verdier, who heads government affairs for the trade group Independent Community Bankers of America. His organization favors extending TARP funds to banks that are struggling...
...TARP. But now that it is in place, he thinks there are benefits to keeping it going. The biggest could be to encourage stronger banks to buy up failing financial firms that continue to be a strain on the system. "To me that seems to be a legitimate use of TARP funds," says Ely. "There are still a lot of weak banks out there...
...there ought to be a mechanism to scrutinize endowments,” Dominguez said of the Gift Policy Committee, which is chaired by University Provost Steven E. Hyman and has now absorbed these responsibilities. These efforts had been underway before the financial crisis heightened the need to allocate current use of funds efficiently, Dominguez said. Over the last five years, Chile’s economy has been bolstered by a spike in copper prices. As copper accounts for roughly 16.4 percent of the nation’s GDP, according to the Central Bank of Chile, the government was able...