Word: commonality
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Microsoft (MSFT) just released earnings that were mediocre but not any worse than was expected. It said that the balance of the calendar year would not be much better. In stating that, it is taking a position that has been common among most big companies releasing earnings. Write off 2009. Wait until next year...
...billion into the U.S. investment firm. Whether their presumption was right or not, it appears that Paulson and Bernanke believed that a failure at Merrill could have been an event worse than the banking catastrophes of the 1930s. This will remain an unanswered question. Would the common equity value of America's largest financial firms have gone to zero in a matter of days if Merrill had gone bankrupt? Would bondholders have suffered huge losses? Would the trouble have spread to even the healthiest financial firms...
...Yiddish literature professor Ruth R. Wisse said that it would be intellectually fulfilling to confront the greatest works that have shaped Western civilization, and that the canon reinforces the idea of a common culture in which everyone has a part. Committee members appear to have had even wider ambitions—proposing plans to integrate world literature into any great books program from the start, according to Damrosch...
...according to Armitage, the committee had not eliminated the idea of including graduate students and postdocs in a teaching capacity—especially since it is a common concern that there might not be enough professors to accommodate student demand. Other proposals to alleviate the personnel shortage included making great books seminars application-only to control the size of the program...
Jack Dorsey, the founder and chairman of Twitter, sees no reason why Iraqis cannot join the growing chorus of global "tweets" appearing on computers and cell phones worldwide every day. "We've always been focused on making sure that the lowest common denominator, the weakest technology, still has a voice," said Dorsey, who was in Baghdad this week with a delegation of high-tech executives at the invitation of the State Department. Cellphone-carrying Iraqis, Dorsey said, could utilize Twitter applications on their current mobiles for a range of things, even without broadband Internet connections, which are still in short...