Word: assets
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...American deficit of discipline is that if both blocs continue to follow their respective paths, each will probably hit its own wall, but, by trading courses, both can avoid a crash. Moreover, what is now one area’s liability could tomorrow become the other’s asset...
...assume that they’re just you turned around,” Vagts says. “A union activist comes from a very different place than an employer.”Bok’s specialty in mediation was seen, both then and now, as an asset in reorganizing a University marred by internal strife.“The situation today seems to be similar in some respects,” Bok writes in an e-mail. “The faculties are at least to some extent divided, trust seems to be in short supply, and strong...
...decade of economic growth, asset-price inflation and financial engineering had altered many of the rules of class-based politics. Comrades now had share portfolios; union delegates were taking on debt. The latest struggle was taking place every Saturday in the nation's front yards to the rhythms of fervent auctioneers; in the distant, dusty bush, illegal immigrants were being detained. Howard's relatively narrow agenda of social cohesion, free enterprise and wealth accumulation was now a mass movement. And when the U.S. was attacked by terrorists and further calamity threatened, Howard became sterner and more somber - someone who would...
...local political experts say that Reeves can, and will, make the most of his emblematic post.“He gets the biggest kick out of being the mayor,” says friend and former councillor Edward Cyr. “And that’s an enormous asset, because the mayor in Cambridge doesn’t have that much authority.” VOCAL AT HARVARDAt Harvard, Reeves was a founder of the Kuumba Singers and also sang in the Glee Club. In 1972, when students protested the University’s investments in the Gulf...
...basis of expected earnings this year, the 25 largest companies in the S&P 500 are cheaper than any other broad section of the market, says Stan Nabi, chief investment strategist at Silvercreek Asset Management: "They now have far more potential than risk." One of Nabi's favorites is Home Depot, whose profits have been soaring and should grow an additional 14% this year. Yet the company's shares sit 39% below their level of six years ago. Other depressed blue chips include Intel, Dell, J.P. Morgan, Wal-Mart, Coca-Cola, Verizon, Citigroup...