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Chrin will be leaving the bank on June 15 and begin teaching full-time at Lehigh starting in the fall. "The country is in bad shape right now, and if I can help some students, that will make me feel good," says Chrin. "I can offer them a real-world perspective to what happens in the boardroom...
...Chinese government has become more aggressive about buying foreign assets. Chinese leaders recently said they would begin to make investments in Europe through their sovereign wealth fund. The country has capital available to buy assets driven down by the recession...
...company's insurer, which then contracts a "response company" - private firms, like Control Risks in London or ASI Global in Houston, which are generally staffed by former military personnel experienced in hostage situations, and whose day rates can run to thousands of dollars, according to insurance brokers. Those companies begin negotiations with the kidnappers or pirates, and are usually authorized to take decisions without agreement from the shipping or oil companies concerned. Since the pirates off Somalia are motivated by money - rather than politics, as in Iraq and Afghanistan - the talks focus on one issue: the ransom amount. (See pictures...
...participate in the bike sharing. The program will debut just two months after the city of Boston announced that it would move ahead with a bike-sharing program, set to launch in 2010, that aims eventually to residents access to 6,000 communal bicycles. The Harvard program will begin with only eight loanable bicycles, but the Committee intends to use the initial responses of students as a barometer for how fast the program should grow, McKinnon said. “The hope is that over time we will expand the program into either every single house or, at the very...
...Okay,” she sighed. “Now you can begin...