When psychiatrist Gertrudis Agcaoili retired last year from a state mental hospital in Napa, California, she took with her a $608,821 check for unused leave banked in a career that spanned three decades.
Harvard University, Yale University and Stanford University, with combined endowments about equal to the gross domestic product of Lithuania, are among 15 of the wealthiest colleges and universities that borrowed $7.2 billion because their highbrow investing left them suddenly strapped for cash.
U.S. News & World Report’s law school rankings for 2015 are led by the usual schools, with one exception: Duke University’s School of Law broke into the top tier for the first time since 2010 by tying for 10th with University of Michigan in Ann Arbor.
Ex-Illinois Governor Rod Blagojevich , on the first day of witnesses at his Chicago corruption trial, was confronted with the testimony of his former chief of staff, who told of a plot to profit from their positions.
Twenty-five years ago, when Zong Qinghou was 42, he made his living selling soft drinks and popsicles to schoolchildren. He says he earned about $8 a month -- less than a third of China’s average wage at the time -- and was so broke that he once slept in a tunnel under the streets of Beijing rather than spend on a hotel.
David Sandwith has been trying to unload his seven-bedroom house on Mercer Island, Washington, since 2009, listing it first for $32 million, then cutting the price to $28.8 million last year. After not receiving any acceptable offers, he’s putting it up for auction.