Word: dollarization
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...managers trek to Washington for Capitol Hill meet-and-greets. You can see it in the way big-name banks like Morgan Stanley and Citigroup poach existing shops and expand their hedge-fund practices. You can see it in the run-up of bloated, billion-dollar-plus firms. You can see it in how hedgies talk about their industry as if it is an industry, and not an unrelated mishmash of investment strategies...
...trade you Franklin Pierce for Zachary Taylor. In an effort to supplant the paper dollar, the U.S. Mint in February will begin circulating $1 coins, each with the image of a deceased U.S. President...
...Gateses run a multibillion-dollar foundation benefiting health and education...
Anna Nicole Smith, winner of bogus multi-million-dollar lawsuits vs. Nancy Kerrigan, not winner at the Olympics after Tonya Harding had someone attack her with a crowbar...
...leader in the field of energy research and sustainable energy generation. We are not yet convinced, however, that a costly effort to reduce Harvard’s own emissions is the best way to do so. But Harvard has other tools at its disposal. We believe that, dollar for dollar, Harvard may be able to make a greater contribution to energy conservation by funding research than by cutting its own emissions...