Word: broad
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Many of Madoff's clients invested in his funds through a number of feeder funds, which were sold by other firms. Like supermarket brands, the funds carried the name of the investment-adviser firm, which then sent the money to Madoff to be managed. One such fund, the Tremont Broad Market Fund, attracted billions of dollars to Madoff. Many of these funds leveraged their own investment in Madoff's funds, which could amplify the losses felt by the collapse of Madoff's firm. (See the top 10 worst business deals...
...broad, philosophical level, it is about working with administrators and taking students’ advice,” Schwartz said. But he added that he also knows “how to turn to students,” something he said he did in centralizing Harvard’s mental-health services into an accessible network for students...
...numerous psychological and emotional factors that drive people to self-harm, but according to Harvard psychology professor Matthew Nock, who specializes in the study of self-injurious behavior and edited a book on the subject, Understanding Non-Suicidal Self-Injury (due March 2009), many do it for two broad reasons: to regulate their emotions and to communicate with others. "Self-injurers experience greater physiological arousal in response to stress, show poor ability to tolerate distress, and have greater deficits in social problem-solving skills," Nock explains, meaning that people self-injure to distract themselves from other emotional pain, to counter...
...Putin introduced modern tax and corporation laws. But he failed to spur the development of a business infrastructure that would enable Russia to diversify away from its over-reliance on energy and metals. Now, as the crisis starts to bite, the Kremlin is reacting by increasing its control over broad swathes of the economy. Through the state-controlled banks, it is bailing out selected business executives who are having trouble paying their debts - including Oleg Deripaska, a metals tycoon who until recently was Russia's richest man. It is also playing an increasingly intrusive role in the private sector...
Martin said that survey results indicated a “balanced and broad spectrum” regarding sustainability, with some students being very interested in the issue, some not at all interested, and some people in between...