Word: banking
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...With the strategic decap this year we’ve said, ‘Okay, we have these returns, we’d really like to use our resources,’” Faust said. “We are a university not a bank...
...despite Colantuono’s position, on Nov. 14, 1982, the Council voted to transfer its funds to a local bank to earn interest. Although the UC approved the measure 53 to 30, then-Dean of Students Archie C. Epps III told The Crimson, “I have to be frank and say that it won’t happen as I’ve said all along”—marking the first of many times the UC and the administration would butt heads over finances...
Today's accumulation of riches in the Gulf is the stuff of dreams. Soaring profits from oil and natural gas are driving the region's wealth into the stratosphere. Henry Azzam, who heads Deutsche Bank's Middle East operations from a sleek suite of offices in the Dubai International Financial Center, is relishing this historic windfall. "We're becoming the epicenter of the global economy," he marvels. But Azzam has his worries. He sees the recent fighting in Lebanon, for instance, as a proxy war between the U.S. and Iran that could lead to an American military strike on Iran...
...radicalism of Rescorla's drills cannot be overstated. Remember, Morgan Stanley is an investment bank. Millionaire, high-performance bankers on the 73rd floor did not appreciate the interruption. Each drill, which pulled brokers off their phones and away from their computers, cost the company money. But Rescorla did it anyway. His military training had taught him a simple rule of human nature: the best way to get the brain to perform under extreme stress is to repeatedly run it through rehearsals beforehand...
After passing through the Israeli wall separating Jerusalem from the West Bank, you're quickly in historic Bethlehem, a small but vibrant city that feels biblical and modern at the same time. The main road is twisted and dusty, and the handsome buildings of white Jerusalem stone hold both fruit markets and Internet bars. The presumed birthplace of King David and Jesus of Nazareth, a flash point in the continuing and never-ending struggle between Israel and the Palestinians, and a city with an increasingly restive Muslim majority, Bethlehem was the perfect place to sit down and talk with Tony...