Word: crunch
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...schools' biggest grouse against rankings, such as the lists produced each spring by U.S. News & World Report, is that they take a complex institution and crunch it down into a single score. Critics castigate U.S. News not only for rewarding schools for such things as outspending their rivals, but also for basing a whopping 25% of a college's ranking solely on how its reputation is rated by administrators at rival institutions. (See pictures of the college dorm room's evolution...
...Today, amid the credit crunch, leverage is again proving to be a troublesome strategy. Borrowing has become prohibitively expensive. Plus, in markets where deep losses are inflicted on virtually all asset classes, there are fewer pricing discrepancies for hedge funds to take advantage of. Then there's the short-selling - betting on falling stock prices - that funds use to hedge against losses and theoretically make money whether equity markets rise or fall. Funds that employ long/short strategies have been hampered by government bans on short-selling intended to calm unsettled markets. Indeed, shorting strategies have been widely blamed for exacerbating...
Exactly what kind of learning goes on at the Blue School? This is a show, after all, whose appeal rests on an exuberant celebration of paint volcanoes, Twinkie force-feeding, amplified Cap'N Crunch--chomping and Jell-O-encased heads. It's so universally silly that Blue Man Groups currently thrive in eight cities, from Las Vegas to Tokyo to Basel, Switzerland. But like many other enterprises that sound funny and turn out to be incredibly earnest (recent Jim Carrey movies spring to mind), the Blue School is a very serious business...
...fiscal policies have time to take effect." To an economy heavily dependent on exports, that period between stimulus and response could have significant implications. With up to 2.5 million migrant workers in the Pearl River Delta forecast to lose their jobs in the coming months as the worldwide economic crunch deepens and many already flooding back home to their villages, some political analysts have expressed concern that social unrest in rural areas could worsen...
...Controlled by billionaire Sheldon Adelson, Las Vegas Sands is yet another high-flying company that has been caught out by the global credit crunch and crashing economy. Adelson, who is credited with helping to revitalize Las Vegas with his lavish Venetian and Palazzo resorts, has become a well known figure in Asia, where in recent years he has spent billions building new casinos and hotels in the Chinese enclave of Macau. When Singapore decided several years ago to boost its economy by becoming a tourist destination, the government of the conservative little city-state took the controversial step of legalizing...