Word: banking
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...where a growing number of companies are looking to poach top candidates without the need for executive search consultants, many high-level executives are using high-end services such as Bluesteps.com, where more than 50,000 members pay $269 or more to be part of an exclusive online recruiting bank drawn on by 6,000 recruiting firms...
...themselves and top financiers. Speakers reiterated their belief that Harvard's top leaders' actions have been motivated by greed and financial self-interest and argued that the University's behavior has been unbecoming of its non-profit designation. One protester's sign even asked, "Harvard: University? or Investment Bank...
...though, it didn't even offer a definite signal on that. "There's clearly a debate going on within the Fed as to what they should do next, and there's no need to make a decision yet," says Marvin Goodfriend, a former chief economist at the Federal Reserve Bank of Richmond who now teaches at Carnegie Mellon's Tepper School of Business. "The Fed is essentially buying time before it commits to whether the disinflation risk is greater or the inflation risk is greater." (See pictures of the dangers of printing money...
...early years of the Depression, in fact, were marked by repeated periods during which the economy seemed to stabilize, only to careen further downward - usually as the result of some new spate of bank failures. Since March, the economy has clearly been stabilizing, but there's no guarantee that trend will continue. The data lately have been mixed - today, durable-goods orders were up by more than expected, while new home sales were down by more than expected. So the Fed remains in a holding pattern, one that Goodfriend expects will continue for months...
...April's legislative elections, SBY saw a decisive victory, winning 20.8% of the vote. Passing the 20% threshold gave Yudhoyono the freedom to choose his vice-presidential candidate without the consideration of formal coalition partners, allowing him to run with Boediono, a former central-bank governor and economics professor with minimal political baggage. With Kalla's Golkar party trailing with 14.4% and Sukarnoputri's Indonesian Democratic Party of Struggle with 14%, the two candidates have had to team up with former generals - with dubious human-rights records...