Word: divisionism
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This is the case because the investment banking division can use FDIC-insured funds from the retail-banking division to indirectly finance excessive risk-taking. The retail bank’s customers will not transfer their deposits to a safer institution because they know that the FDIC will compensate them...
Local alum Ogden T. Ross ’75, who attended the grand opening, notes that this effort is a departure from when he was a student. “When I was here there was a division into specialized units. Now there seems to be an interdependent movement to...
Parker, a major in the 3rd Brigade Combat Team, 10th Mountain Division, said that while advances in armored vehicles have saved lives, the army has, in many ways, “overengineered this battlefield.”
Harvard hosted the co-ed division of the ACCs this weekend, where the Crimson took eighth place over 10 races. Junior captain and skipper Alan Palmer and classmate crew Grace Charles dominated the A division, placing fifth overall and posting both a first- and second-place finish.
In the B division, Himler and sophomore crew Annie DeAngelo finished 11th. Their 97 points gave the Harvard contingent a total of 168 points, a far cry from top finisher Boston College’s 99 points but still a solid result for a young team.