Word: deale
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...measure of how volatile investors reckon markets will be in the short term, the sharp sell-offs seen in recent months have sent the VIX to its eye-popping highs. The index is calculated from the price of options - a deal to buy or sell an asset at a fixed price and time - linked to the S&P 500. As the value of that index plummets - the leading benchmark of U.S. stocks has lost about a third of its value this year - investors are scrambling to pick up options in order to hedge against those losses. That, in turn, drives...
...Administration is now doing this, but three questions are raised: Was it a fair deal to the taxpayer? The answer to that seems fairly clear: taxpayers got a raw deal, evident by comparing the terms of Warren Buffet's injection of $5 billion into Goldman Sachs, and the terms extracted by the Administration. Second, is there enough oversight and restrictions to make sure that the bad practices of the past do not recur and that new lending does occur? Again, comparing the terms demanded by the U.K. and by the U.S. Treasury, we got the short end of the stick...
...years, Dylan’s studio albums have evolved into institutions of their own—even that commercial joke and critical gaff, 1970’s “Self Portrait,” looms mythic in the catalogues of completists—and the Bootleg albums that deal explicitly with rarities and outtakes smack, to casual listeners, of revisionism and recycling. And to that same extent, those listeners are right. The man’s catalogue is simply too labyrinthine, too inscrutable, too fascinating to begin with anything but the undisputed classics: “Highway 61 Revisited...
...building plans. This “inventive zoning” offered huge economic benefits to developers. Professor Jerold Kayden of the GSD has studied these effects and is featured in “Deathbowl to Downtown.”“Because it was a very good economic deal for the developers throughout the 1960s, they almost uniformly provided plazas,” Kayden says. However, he adds that the regulations demanded little of developers. “You could basically slap down some terrazzo in front of your building and collect your 10-to-1 floor area bonus...
...result that would surprise followers of Crimson varsity boats past. In Howard’s time at Newell boathouse the varsity went undefeated for three years, garnering national championships in 2003, 2004, and 2005. He said that the pressure of expectation that this unbeaten streak created helped him deal with the demands of rowing in the most famous athletic event in the world.“It’s intimidating, obviously—it is the biggest show. But I really think my time at Harvard helped me prepare for that,” Howard said...