Word: wente
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Dates: during 2000-2009
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...until last month, Chuck Hays ran a fund called Crossfire Investment, with $5.5 million in assets. What did he do with his clients' money? What else - went out and bought himself a $4 million yacht, from which he ran the alleged scam, according to CFTC and SEC complaints. In early February, the agencies dropped anchor on Hays...
...After news broke of Allen Stanford's alleged Ponzi, he went missing. Stanford was ultimately found by authorities with Andrea Stoelker, his girlfriend, at her home in Fredericksburg...
...1990s, retail advertising began to fall off because, the thinking went, modern businesses wanted broadsheet displays, not shrunken tabloid pages. Reporting talent - disgusted with the paper's draconian management - came and went. The Rocky cut back its statewide coverage and pretty much ignored Colorado's burgeoning Hispanic and newcomer populations. The paper also committed the ultimate sin in journalism: it was boring. What did Scripps do? Reduce subscription prices, mount a few lame marketing campaigns and change the paper's name to the Denver Rocky Mountain News...
...FDIC also has a public-policy mission with IndyMac, which had made many risky mortgages. Many of those loans went to borrowers in California, where home prices have fallen sharply. The FDIC tried to show it could keep many of those borrowers in their homes and still turn the bank around. In all, IndyMac modified the loans of more than 10,000 of its borrowers in less than eight months, in many cases eliminating the chance that those borrowers would face foreclosure. (See pictures of Americans in their homes...
...Dartmouth is America, not Panda Garden Rice Village Restaurant.” The e-mail generated an immediate backlash from both students and faculty at Harvard and Dartmouth. Kisuh Jung, a sophomore in Dartmouth’s Asian Christian fellowship, said that students were outraged when the e-mail went out. “I think everyone acknowledges that this is a very serious offense,” Jung said. “It is an embarrassment; it is not indicative of the student body’s opinion towards our new president...