Word: complexing
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...Nazi Aryanization; the country where Cassius Clay became Muhammad Ali; the country that bore witness to the “Miracle on Ice”.Only when I stepped off the plane and took my first tentative steps in the New World did I truly begin to perceive the complex beast that is the American sports culture.While chronicling all the lurid details of this extensive subject would require a senior thesis, there are several intriguing facets of this unique environment worth exploring.First, there is the overwhelming variety of sports in the American mainstream—everything from the familiar...
...many firms argue—both in 1968 and in recent months, when the model has again been proposed as a viable solution—relying solely on a subscription service does not bring in enough revenue to allow rating agencies to innovate and keep up with increasingly complex financial products. Other officials have focused on fixing the mechanics of this structure. New York Attorney General Andrew Cuomo, for example, announced an agreement with rating agencies in June in which issuers simply pay for rating agencies to review the securities with no requirement to produce a rating. Relieving this pressure...
...does the solution. It evidences a broader issue that technology and innovation bring to all facets of life: carelessness. If you can find the answer by searching Google or glancing over a Wikipedia article, why read a book? If you can rely on a credible rating for a complex financial security, why do further research? In a narrow sense, the lack of context attendant in these bursts of data leads to small errors, and, on a broader scale, this limited scope contributes to major market failures...
...cost of construction is a part of the FAS budget, and thus the four omnipresent cranes that tower over the new Allston science complex will remain idle for the indefinite future. They are behemoths hanging over residents and a constant reminder of the project there, which, for residents like Jake, has recently taken a particularly insulting turn. Not only did Harvard rush through the approval process to build the center, but the university also blasted a huge hole into the ground, displacing the rat population of the entire area...
...Harvard softball team swept Brown in dominating fashion in yesterday afternoon’s doubleheader at the Erickson Athletic Complex. The Crimson (24-14, 10-6 Ivy) won the first game, 11-0, and the second, 12-2, to narrow Dartmouth’s lead in the Ivy League North Division standings to a single game. Harvard and the Big Green meet next weekend in a home-and-home series to decide the division title. “They were huge wins for us, because if we had split today and Dartmouth had split, as they did, we would have...