On Jan. 2, Jim Clark , a founder of such technology icons as Netscape Communications Corp. and Silicon Graphics Inc. , was at home in Palm Beach, Florida, when he got an e-mail from an executive at Goldman Sachs Group Inc. ’s private wealth management division. Goldman was offering Clark a chance to invest in the closely held social-networking company Facebook Inc. The deal -- through a fund overseen by Goldman Sachs Asset Management -- was being offered to other Goldman investors at the same time, Bloomberg Markets magazine reports in its March issue.
The dive that a drunk Alexander Okano took into a shallow pool at Psi Upsilon house, paralyzing him from the chest down, helped spur reforms to Trinity College’s fraternity culture that faculty members applauded.
A $2 million painting by Ellsworth Kelly and five light holograms by James Turrell, priced at $100,000 apiece, were among the first artworks snapped up by collectors at the opening of the Art Show in Manhattan.
AllianceBernstein LP, the money manager that has lost about $200 billion to client redemptions since the end of 2008, was removed as adviser to three Vanguard mutual funds, according to a statement today from Valley Forge, Pennsylvania-based Vanguard.