Word: bondses
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"We are in a very new business era" says Meyer. "I'm convinced that this is now a hospitality economy, no longer the service era. If you simply have a superior product or deliver on your promises, that's not enough to distinguish your business. There will always be someone...
Harvard’s endowment grew $3.3 billion during the fiscal year ending June 30, reaching an all-time high of $29.2 billion, according to figures released today. The Harvard Management Company (HMC), the internal arm responsible for managing the University’s endowment, returned 16.7 percent on its...
THE NINE ABC, WEDNESDAYS, 10 P.M. E.T.; PREMIERES OCT. 4 Late one fine afternoon, nine innocents are caught in a bank robbery. The hostages are rescued after a bloody 52-hr. ordeal. In between, life-changing things happen, some noble, some regrettable. But what, exactly? We don't see, and...
By buying fewer risk-free treasury bonds and carefully investing in riskier stocks, Summers suggested that countries could derive increased revenue from their reserves, a nearly “free” source of extra funds.
WASHINGTON—Former University President Lawrence H. Summers argued that developing nations should invest more of their foreign exchange reserves in equities, rather than relying on U.S. treasury bonds, in a speech at the World Bank last week.