Word: bottomã
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...targeted the over-the-counter derivatives market. Clearinghouses were meant to bring a greater level of stability and transparency to derivatives trading. But this industry has become more fragmented than originally envisioned, and some argue that competition among clearinghouses has led to a “race to the bottom?? whereby the clearinghouses require insufficient collateral from the SWIFTs they deal with. The Houston Power House is said to have large, uncollateralized exposures with Magna-SWIFT, and observers estimate it could lose $8 billion from these exposures alone. Power House Chief Executive Officer Fabrice Tourre was unavailable...
...Every tub on its own bottom??—that’s how the University’s decentralized Faculties have long operated...
...different divisions’ plans to create a University-wide master plan that will be released later this year, marking Faust’s efforts to bring together the University’s schools that have traditionally operated under the “every tub on its own bottom?? philosophy of decentralization...
...always been really tough on top and bottom??but I’m working on getting my offense going,” he said. “I’m trying to let loose and show more of what I really have…just trying to get myself to wrestle to my potential...
...There’s this ‘every tub floats on its own bottom?? philosophy that Harvard has,” he said. “I think the medical school suffers because it is financially strapped and FAS is not. We’ve had trouble getting funding from Harvard...