Word: analyst
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...government's money directly, but in the case of Morgan Stanley and Goldman Sachs, they were facing a severe crunch," says analyst Brad Hintz, who covers financial firms at Sanford Bernstein and is a former chief financial officer of Lehman Brothers. "Had it not been for the government's help in refinancing their debt, they may not have had the cash to pay bonuses." When asked, the Treasury would not comment directly on Wall Street's bonus plans, though spokeswoman Brookly McLaughlin did reiterate the bailout's intent. "There is broad agreement that the Treasury's capital purchase program...
...value and corporate profits. Mitsubishi UFJ, like Japan's other mega-banks, avoided damage caused by the subprime crisis, but its stock portfolio is now taking a hit as the Nikkei and Tokyo Stock Price Index (Topix) continue to fall and wipe value from its balance sheet. One credit analyst estimates that since the end of June, the total stock value held by the top three banks has dropped by $56 billion, signaling that other banks are clearly at risk...
...military wants political back up, and the government is supporting them, but I do not expect all the parties to unite," says military analyst Hasan Askari-Rizvi. "The political leaders seem too interested in settling scores against each other...
Coping with $4 a gallon gasoline has drastically altered driving patterns, perhaps permanently. "We are seeing changes in habits," says Julian Lee, senior energy analyst with the Center for Global Energy Studies in London. "The sales of big gas-guzzling vehicles have collapsed. If we see that kind of change it becomes a much longer term issue with long-term demand destruction." In the short term, there's simple math. The average driver goes about 12,000 miles a year at 20 miles per gallon, says Ken Medlock, an Energy Fellow at the Baker Institute at Rice University in Houston...
Last night’s capital campaign celebration kicked off a weekend-long alumni reunion that will feature a series of panels on issues including the Supreme Court, the upcoming presidential election, and public service career options. Distinguished alumni including Secretary of Homeland Security Michael Chertoff and political analyst Jeffrey R. Toobin ’82, a former Crimson sports writer, will participate in the panel discussions...