Word: bigs
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...clear and unabashed oligarchy situation in which 150 people, max, run French business in a collusive but entirely legal manner," says Eric Grémont, a co-founder of PEOCS and a co-author of its upcoming book A la Découvert des Grands Patrons (Fleshing Out the Big Bosses). "You hear and read a lot about dynamic new companies and rising CEOs, but those are the tiny exceptions to the wider rule: French business is controlled by a small élite of very powerful men free to decide things as they wish - so long as they...
...them considerable influence over the operations of the other companies. Four executives from the French bank BNP Paribas, for example, sit on the boards of 12 other CAC 40 companies, including the environmental-services group Veolia, the oil giant Total and the aerospace consortium EADS. (Read "Christophe de Margerie: Big Oil's Straight Talker...
Basically, ETFs are baskets of securities that passively track stock-market indexes or financial indexes. Since ETFs mirror indexes, they don't have big management fees, nor do they generate as much trading volume (and commission costs) as actively managed mutual funds; when they do have portfolio turnover, it is often by swapping stocks instead of buying and selling them, which means they don't run up capital-gains taxes the way mutual funds often can. The result: lower overall costs for investors. The average annual fee for an ETF is 55 basis points (i.e., 0.55% of assets), significantly below...
...look for a certain skill set, a body type to fit with what we’re trying to do as a club,” Bravo said. “Akpan is a big, aggressive guy who is good with his back towards goal, courageous, and a good finisher. Those are the qualities we look to in a forward...
President Obama's new proposals to crack down on Wall Street - first the new tax on big banks last week, then Thursday's new restrictions on big banks - signal a somewhat new approach to financial reform. But they also signal a very new approach to politics and governing: more populist, more confrontational, less deferential to Congress, less eager for common ground. His uncharacteristically blunt message to financial giants and their political defenders said it all: "If these folks want a fight, it's a fight I'm ready to have...