Word: bonde
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...which getting a rating of a particular level is equivalent to "a regulatory license - a key that unlocks the markets," says Frank Partnoy, a law professor at the University of San Diego. In 1975, the SEC, in an effort to better define who was a legitimate rater of bonds, designated certain firms "nationally recognized statistical rating organizations" (NRSROs). Today, if you are a bank or a pension fund or an insurance company you have a firm grasp of the safety of your bond holdings - they're as safe as an NRSRO has told you they...
...After Knocked Up (a purportedly heterosexual romance where the closest connection is between Rogen and Rudd) and Superbad (where the two high-school chums end up together in a sleeping bag) and another Apatow-produced comedy, I Now Pronounce You Chuck & Larry (where two straight firefighters solder their emotional bond by getting married), the bromance may have reached its logical conclusion: guys going on man-dates. Without ever being gay, of course. The love in I Love You, Man is agape, not eros - but still a higher form of communion, the film says, than those tired old guy-gal relationships...
...there really people out there - aside from characters in James Bond movies - who like to have illicit pieces of art in their homes...
Meanwhile, the agencies' business model morphed from one in which investors paid for ratings to one in which bond issuers did. That generated more revenue, but it also created a massive conflict of interest, often cited in the current mortgage mess. In 2006, the SEC took regulatory authority over the agencies, in part because of their failure to ring more alarm bells concerning companies like Enron. SEC head Mary Schapiro is now signaling that the ratings system might need to be changed further, particularly who pays for ratings...
...Organismic and Evolutionary Biology concentrators will have to face the reality of separation for the first time in their lives. Dan will prepare for medical school, while Bill enters graduate school in oceanography. But the distance won’t diminish the twins’ appreciation for their fraternal bond.“There is no way either of us would have gotten this far, both getting into Harvard and doing as well as we have swimming, without each other,” Dan says.—Staff writer Max N. Brondfield can be reached at mbrondf@fas.harvard.edu...