Word: beare
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...interview with TIME at the height of the panic last month, Geithner described the process of balancing technical indicators of market distress with the human factors affecting the crisis. "Our job is to figure out what the system can bear and mitigate the panic, and we don't depend on what people tell us about that to make those judgments," Geithner said. "But you can tell a lot from what's in someone's voice. And when you have [the leaders of] what are, without a doubt, some of the strongest, best-run institutions in the world [on the phone...
Citigroup may soon get all the sleep it needs. Investors are growing increasingly concerned that the global financial behemoth could go the way of Bear Stearns, Lehman Brothers and Merrill Lynch. Shares of the company, which was once the world's largest bank, closed at $3.77 on Friday. The company's board members reportedly met on Friday and will continue to talk over the weekend to discuss the firm's options. There are a number of possible outcomes, not all of which conclude with the end of Citi. "Somehow they need to get the price of their stock up," says...
...supportive of every student endeavor.” The McCarthys, who have served as masters for 13 years, say they are stepping down to pursue personal and academic ambitions. Hadaway noted that the pair, whose residence is heavily decorated in the motif of the House’s polar bear mascot, has always been willing to contribute their “special gifts” to the Pforzheimer community. “I mean, Jim is a Nobel Peace Prize winner, but he’s always so humble to talk to students on any issue...
...Madison Avenue; 212-744-1600). The murals on the walls were drawn by Ludwig Bemelmans, the illustrator of the Madeline children's books, and a pianist tickles the ivories here Tuesday through Saturday from 5:30 p.m. to 8:30 p.m. Another good choice is the Bull and Bear at The Waldorf-Astoria (570 Lexington Avenue, at 49th Street; 212-872-4900), where congenial, dapper bartenders will serve up a nice glass of Woodford Reserve...
Latte Loyalty. If you can't bear to give up your morning latte, but want to save some dough, check out the Starbucks Gold loyalty program. For an annual membership fee of $25 you get 10% off all purchases at participating U.S. Starbucks stores, a free beverage on your birthday, plus two free hours of Wi-Fi access daily...