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...Building the securities which were sold as mortgage-backed financial products was complex. Financial firms had to buy large pools of existing mortgages and develop mathematical models for the cash flows they would produce well into the future as homeowners made their monthly payments. These pools were cut into tranches with each tranche carrying a probability of how many mortgages in it would pay out to maturity and how many would fail. After these calculations were made, they were sold to banks, brokerage firms, and other financial institutions as high-yield paper. The major credit agencies gave these securities...
...team.”Mills had another typically outstanding meet, setting a new school record in the 200-yard freestyle on Friday night. Her time of 1:47.42 put her in second place behind Princeton freshman Jillian Altenburger and earned her an NCAA “B” cut. Mills won the 100-yard butterfly in 55.52, made another “B” cut in the 200-yard butterfly (1:58.57), and anchored Harvard’s winning 400-yard freestyle relay team.Hinkle led an all-sophomore sweep of the 50-yard freestyle, winning the race...
...Crimson, which lost despite correcting its major flaws from the night before. Against Penn, Harvard struggled with turnovers, transition defense, and, of course, free throw shooting, going an abysmal 7-of-16 from the stripe and missing four front ends of one-and-ones.Saturday night was different. The Crimson cut down its turnovers, shot well from the line, going 20-for-27, and played efficiently on offense.But when it counted most, Harvard couldn’t get a hand in the Princeton guards’ faces on three point attempts, and the big men failed to body up on the Tiger?...
...next month.” Meyer claimed two of Harvard’s seven first-place finishes, winning the 500-yard and 1650-yard freestyle with times of 4:22.83 and 15:00.13, respectively. These times were good enough to earn Meyer NCAA “B” cut in both events. Sophomore Blake Lewkowitz and senior co-captain Eric Lynch also posted NCAA “B” times in the 1650 freestyle. Lynch recorded two additional NCAA “B” times throughout the two-day contest, finishing second in the 200-yard freestyle...
Opponents of a sale protested yesterday by holding a sit-in at the museum that was organized by the Brandeis Budget Cut Committee, a student organization founded last month to protest what organizers call the administration’s policy of making decisions without first consulting students and faculty...