Word: assets
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...your money, not theirs. When Lehman Bros. filed for bankruptcy on Monday, it was careful to spell out that its investment management division - including Neuberger Berman and Lehman Brothers Asset Management - were not subject to the parent company's bankruptcy filing. Fully paid securities of customers of Neuberger Berman are not subject to the claims of creditors...
...Should we be confident? Lehman's first day in Chapter 11 bankruptcy actually held some encouraging signs, as markets avoided chaos and the company itself appeared close to selling its asset management arm to a private equity firm. There were also reports that Barclays, which had decided over the weekend not to bid for Lehman as a whole, might still be interested in buying the core of Lehman's business, its broker-dealer operation...
...Useful Going that extra mile will label you as an asset: "It's time to become Mr. or Ms. Above and Beyond." Be a utility player who is capable of filling in anywhere, or be a specialist and razzle-dazzle your superiors...
...Your preternatural confidence has always been an asset. As Gordon Brown vacillates, you appear determined and assured. But in power, you will no longer be viewed just in counterpoint but also in isolation. Don't be surprised if your clarity of purpose begins to read as haughtiness, your self-belief as arrogance...
...lived in Washington and likes to watch her kids play hockey. Although Palin praised John McCain in her acceptance speech as a man who puts the good of his country ahead of partisan politics, McCain pretty much proved the opposite with his selection of a running mate whose main asset is her ability to reignite the culture wars. So maybe Governor Palin does represent everything that is good and fine about America, as she herself maintains. But spare us, please, any talk about how she is a tough fiscal conservative...