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SemGroup was short oil. Massively. That is, it had bet that the price was going down by contracting to sell millions of barrels of oil it did not own at a future date, on the assumption that the price would fall and SemGroup could supply the barrels at a lower price and pocket the difference. Three days after oil peaked, as it still threatened new all-time highs, the New York Mercantile Exchange (NYMEX) called margin on SemGroup, forcing the firm to put up more cash collateral to back its losing positions. Unable to raise the capital, SemGroup sold...
...merry-go-round. Every day the same horses go around inside our heads. Old grievances, unforgotten pain, resentment, anger, failure and insecurity - the circle keeps turning." Through his books, videos and workshops, Chopra offers a ticket off that merry-go-round. He is hardly to blame if, to date, there has been no shortage of takers...
...Record to Date...
...received his master’s degree. “This seems like an exciting time for the arts in general,” he said. With the winter of 2008 now rapidly approaching, members of the Task Force maintain that their first report is forthcoming. No specific date for its release has yet been set.Until it is published, the exact contents of the Task Force’s report will remain a mystery to students and other members of the Harvard arts community. While the Task Force has taken into account peer institutions, past Harvard reforms, and student opinions...
...mark the beginning and end of the character’s day).Fusing together a multitude of influences and showcasing a fair share of erudite literary allusions, “Ode to J. Smith” is by far Travis’s most grand and ambitious work to date. Even the album title sets the stakes high, ironically echoing Schiller’s “Ode to Joy.” J. Smith’s day begins dramatically in “Chinese Blues” as jabs of distorted guitar accentuate the vaguely Eastern-sounding piano...