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In a way, everything Madoff did was being carried out on a smaller scale by all of the thousands of fund managers around the world who promised a way to beat the system.
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The Children's Hospital is the combined vision of Westchester Medical Center's governing board, various artists and architects, thousands of fund-raising volunteers -- from schoolchildren to socialites -- and John and Brenda Fereri, a Greenwich couple whose 13-year-old daughter, Maria, died in 1995 and who have turned their personal grief into a consuming passion.
After all, the 11th District Cost-of-Funds Index was a number published by the Federal Home Loan Bank of San Francisco, not a figure calculated by bankers.
The industry argued that it couldn't hedge its mortgage holdings because there were no other securities based on the 11th District Cost-of-Funds Index.
As Libor became the dominant index for consumer loans in securitizations, the 11th District Cost-of-Funds Index fell into obscurity.
Back in the 1990s, a much less volatile benchmark — the even more obscure-sounding 11th District Cost-of-Funds Index — was the norm for these loans.
The Santas are in their 99th year of fund-raising for Volunteers of America in New York.
This is the company's 5th round of funding, but it's being called a series C.
Going back to Ladieshoesme, the community has a self-selection procedure kind of similar to that of AttractiveWorld, the French dating site which closed a 4th round of funding back in May.
This is the company's 7th round of funding, according to our records — back in October 2011, Palantir closed on a $70 million round of funding that served as its Series F. That raise was held at a $2.5 billion valuation, according to TechCrunch sources.
Against this backdrop, the Global Fund to Fight AIDS, Tuberculosis and Malaria was forced to cancel its 11th round of funding at the end of last year, highlighting how quickly progress can stall.
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CEO of Professional Science Editing for Scientists @ prosciediting.com