Word: crashes
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...available to banks to calm the nerves of U.A.E. depositors and investors. And if the credit crunch shakes out property speculators and slows Dubai's growth to a more sustainable level, it should have the added benefit of taming inflation. "I am not necessarily thinking we are in a crash scenario," says EFG-Hermes managing director Hashem Montasser. "The economic situation is still very sound. [But] we will see a deceleration of prices, and it's probably a good thing as long as it's done in an orderly way and doesn't turn into a panic. The market...
...long will it be followed? "Risk gets forgotten in all bubbles," says Peter Bernstein, an investment adviser and the author of Against the Gods: The Remarkable Story of Risk. "We've been down this particular road before." Indeed, we have. After every other trauma--the 1987 stock-market crash, the savings-and-loan crisis, the meltdown of the Long-Term Capital Management hedge fund--boisterous, unchecked risk-taking eventually rushed back in. "In times like this, people do listen to risk managers," says John Hull, professor of derivatives and risk management at the University of Toronto. "The problem is, times...
...Since most of the School of Public Health faculty had never taught—or even studied—under the case-based method, several instructors teaching case-based courses this term attended a week-long crash course at Harvard Business School over the summer that was meant to introduce them to participatory teaching...
...Obama never really knew his biological father, who died in a car crash in Kenya in 1982, and his grandfather died in 1992, three years before his mother. But Obama's grandmother was always there. She took care of Obama when he was 10 and returned to Hawaii to attend school while his mother spent a few years continuing her anthropological research in Indonesia. At the time, his grandparents helped Obama get a scholarship to Punahou, an élite prep school on the island. All three of them lived in a small, two-bedroom apartment on Beretania Street in Honolulu...
...strong presence on the ice with his first-period goal to put Harvard ahead 1-0 with 7:52 left in the first period. Michaud stuffed the puck in from just outside the crease following a scrum in front of the Dartmouth net.Though the Big Green managed to crash the net in the first two periods and create chaos in front of Hoyle on rebounds, the freshman kept his composure throughout the night. Harvard’s team defense did an admirable job keeping the Big Green’s forwards out of the middle of the offensive zone.Harvard certainly...