Word: bondses
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Still, the league hasn't been immune to the downturn: about 160 employees in the league office, for example, were either laid off or took buyouts over the past year. "When there are empty seats at NFL games, everything around the business of the NFL has been compromised," says David...
In November, media outlets began reporting that Harvard was looking to sell billions of dollars in private equity holdings at drastically reduced prices, and in December, the University sold $2.5 billion in bonds in order to raise cash, refinance short-term debt, and terminate certain investment agreements. (Mendillo has stated...
Nevertheless, HMC will likely hew to the diversified investment model that it has long championed. Mendillo pointed out that even slumping assets such as private equity have delivered high returns when annualized over the past few years. If HMC had simply invested its portfolio in a 60/40 ratio of stocks...
One might think having a black First Lady who is widely praised as sophisticated and stylish would represent a happy ending to the story of black female beauty and acceptance. Alas, our hair still simultaneously bonds and divides us. "There is no hair choice you can make that is simple...
Hopefully, the global economic crisis will resolve quickly, Harvard will invest in some bonds created from bundled life-insurance policies, and these impecunious days will fade into a distant memory. For now, the sweet aroma of pig fat draws me to the dining hall—thankfully, Harvard has enough...