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...deal was even less popular when Abbey's new CEO António Horta-Osório slammed the brakes on new mortgage lending in 2006, right in the middle of a housing boom. But Horta-Osório looked prescient when U.K. banks such as Alliance & Leicester and Bradford & Bingley kept on lending and then found themselves in crisis when the market crashed. Santander bought them both - in B&B's case, it was only the deposits and branches - for about one-fifth of what it had paid for Abbey. (Read: "U.K. Acts to Stem Bank Panic...

Author: /time Magazine | Title: Santander: The Most Boring Bank in the World | 1/18/2010 | See Source »

...moment Harvard’s credit rating is not in question in investors’ minds, as evidenced by this sale,” said one source close to the deal who asked not to be named discussing Harvard’s credit rating in order to preserve his relationship with the University...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Harvard Name Aids Debt Sales | 1/17/2010 | See Source »

...It’s extremely disappointing,” Stone said. “There are so many positive things that happened, but we’ve got to close the deal. One way or another, we’ve got to close the deal...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Big Red Scores in Final Seconds to Force Tie | 1/16/2010 | See Source »

...close the deal,” Stone said. “One way or another, we’ve got to close the deal...

Author: By Martin Kessler, CRIMSON STAFF WRITER | Title: NOTEBOOK: Harvard Can't Come Through on Special Teams | 1/16/2010 | See Source »

...most places, a business deal that goes sour can get you fired. In Vietnam, it could cost you your freedom. For decades, Vietnam's economic growth has been the envy of its developing neighbors in southeast Asia. In the last 20 years, GDP growth has fallen only once below 5%, typically hovering around 8% as the single-party state has attracted tens of billions of dollars in foreign investment and seen poverty rates drop below that of India, China and the Philippines...

Author: /time Magazine | Title: Jetstar Detentions Raise Red Flags for Investors in Vietnam | 1/15/2010 | See Source »

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