Word: assets
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While the freshmen will be called upon to produce from day one, Harvard coach Steve Locker still believes that the Crimson's greatest asset will be the leadership of its three seniors, Lundquist, Williams and Dupuis...
...awesome and is going to be an unbelievable asset to all the Harvard programs with the weight room," said Women's Tennis Coach Gordan Graham. "It will help immensely with recruiting. It's like going from the poor house to the penthouse...
...emerging markets was strongest among some of the hedge funds, the high-risk vehicles that often deliver high returns to wealthy investors. After famed investor George Soros lost $2 billion in Russia, John Meriwether's Long-Term Capital Management announced that it had lost $2.1 billion, or half its asset value, so far this year. "Russia and Asia became the trigger for the correction in the U.S. stock market," says David Wyss, chief economist at DRI/McGraw-Hill, a consulting firm. "Although there had already been a softening in earnings over the past few quarters, traders needed to be hit with...
...right to think that this is a moment of complete irrationality," says Bond Snodgrass, an analyst at Warburg Dillon Read in Mexico City. "But this should finally drive home the point: Mexico is no longer just Mexico, Brazil is no longer just Brazil. They're all part of one asset class now, and investors aren't distinguishing between any of them." And the dramatic drop in the U.S. markets--after months of talk about a "Goldilocks economy"--demonstrated once again that markets hate nothing so much as uncertainty. Russia's pain evidently would also be the world...
Hollywood was buzzing last week with reports of MGM/UA being in play and a handful of rival studios looking at its assets, which include the valuable James Bond franchise. The day before the beleaguered studio issued an SEC filing stating it was considering mergers or other "business combinations" to bail itself out of financial straits, news leaked that director MICHAEL APTED had been selected to helm the company's next Bond entry. The Lion studio had been trying frantically to find someone, seemingly anyone, to handle the film, with Small Soldiers director JOE DANTE and others chatted up before...