Word: usual
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Dates: during 2000-2009
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...Niemaszyk says it is up to auditors to decide how far they go to verify a fund's assets and trades. But the fact that Madoff used an unknown auditor and was reporting his own trades probably should have prompted the auditing firms to do more than usual to check that the fund's assets were indeed there...
...fewer poinsettia will grace the winged feet of a forlorn Hermes in Gordon Hall this year, as the Medical School’s staffers look to ring in the holidays with some year-end cheer. Stripped of its usual floral retinue, the messenger of the Greek gods seems to bear some sobering news: pressed by an unprecedented financial crisis, formerly lavish traditions will be giving way to a frugal conservatism as Harvard’s party planners across face tighter budget constraints this year.While administrators look to cope with an endowment savaged by losses, schools across the University are doing...
...knew was that my wife's entire family had been in the fund for decades and lived well on the returns, which ranged from 15% to 22%. It was all very secretive and tough to get into, which, looking back, was a brilliant strategy to lure suckers. Unlike the usual Ponzi mechanics, the fund even stopped investments into accounts a few years back, at least in our network. There were the usual warnings prior to investing - we all knew it was a risk, we were told to make sure we were diversified, blah-blah - but, my God, it had been...
...always does with such things. It was not an ordinary Ponzi scheme we were all part of; it was the biggest in the history of the world, valued at some $50 billion. Lucky us. Small investors, institutions, hedge funds, global banks, pension funds - all fell victim to usual suspects: a smooth huckster and greed...
...they should be big meets, especially once February rolls around [for the Heptagonal Championships].” Co-captain Becky Christensen wasted no time automatically qualifying for the NCAA Championships with a personal-best 1.85-meter jump. Despite taking a short approach—seven steps instead of the usual 10—the jump earned her a victory in the high jump. “It felt really good,” Christensen said. “I’ve never really taken full advantage of my full approach, so for me it wasn’t really...