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The seizure will cost the FDIC's insurance fund $5 billion, the second-largest blow to the fund behind last year's failure of mortgage lender IndyMac.
Today, however, the online retail giant is looking to address that apparent oversight, announcing a $1 million donation to the Wikimedia Endowment, the fund behind Wikipedia.
The fund behind it, endowed by a number of engineering firms, will be managed by an independent trust chaired by Lord Browne, past president of the Royal Academy of Engineering and a former chief executive of BP. "It is absolutely critical that we as a nation make it our mission to inspire and excite the next generation of engineers.
Eveillard's First Eagle Global Fund, which has enjoyed a five-year annualized return of 18% (compared with 15% at msci's World Index), has been steadily increasing its positions in Japanese stocks to 21% of the fund, behind only U.S. stocks at 24%.
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BCRA's disclosure provisions require these organizations to reveal their identities so that the public is able to identify the source of the funding behind broadcast advertisements influencing certain elections.
"His willingness to say anything at any given time, and his steadfast refusal to release what is essentially the funding behind his record-setting campaign, starkly raise the credibility question".
He says if more people had more information about what was actually unfolding, the funding behind the forces laying waste to Iraq, and how chaos in the Middle East benefits some world powers and groups, then they would better understand what's really happening and why it's happening.
But it seems that many of these initiatives and the funding behind them are caught up in "bigger is better"; doing something, however un-researched it may be; or improving the brand of the particular organization or institution than supporting substantive change with proven approaches that are user-friendly.
"We had it all ready to go," said Ellen Richard, A.C.T.'s executive director, before the news came in early summer that the hedge fund behind the property went bankrupt, and the land passed first to an Irish bank and then to a Texas investment firm.
Bank of America is the #4 holding in that fund, behind JPMorgan, Wells Fargo, and Citigroup.
Now Silver Lake Partners, the $2.3 billion buyout fund behind the Seagate deal, is on the prowl for more deals.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com