Word: deeps
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Dates: during 2000-2009
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...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...
Finally, and most important, what we're facing now isn't your garden-variety recession. This downturn is likely to be deep, and the economy will probably remain weak for several years--meaning there isn't much cause to worry that stimulus would overheat an already strong recovery. Meanwhile, the Fed, which normally stimulates the economy via the financial system, is having trouble doing so because the financial system is broken. And the usual concern that government will crowd out private borrowers isn't an issue. "The government has a window in which it can borrow very aggressively," says Mark...
...Berry will take over the starting job at point when the Crimson opens its season tomorrow. Her coach, Kathy Delaney-Smith, is well aware of the rarity of a freshman acting as the court general. But Delaney-Smith has no reservations about throwing Berry into the deep...
...started campaigning online over the summer, which wasn’t allowed, and the UC had slapped sanctions on his campaign. In the end, he had received more last place votes than first place ones. This is a story typical of overeager freshman politicos. Harvard students have a deep antipathy to transparent displays of ambition. Nowhere is this clearer than in UC campaigns. The last three presidents of the UC have projected a laid-back, hippie vibe. They’ve loped around campus in faded jeans, sporting stubble and shocks of long hair. Purely on image, it would...
...overall and in position to make a run at a second consecutive Ivy title, faces its toughest two tests over the final contests of the season. The key to winning those battles won’t lie in Harvard’s high-octane offense or its deep, experienced defense. Instead, it will be part of something that the Crimson’s fans have bad memories of—special teams.Granted, I’m a little biased. I’ve grown up watching Virginia Tech, a team that has moved from obscurity to national prominence by focusing...