Word: ellman
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...companies can't sell stock or bonds as easily as investors would like to buy them, the cost of capital will go up," says James Ellman, president of the money-management firm Seacliff Capital. "That hurts companies' ability to expand, buy equipment and create jobs. GDP grows slower." (See pictures of TIME's Wall Street covers...
...members reportedly met on Friday and will continue to talk over the weekend to discuss the firm's options. There are a number of possible outcomes, not all of which conclude with the end of Citi. "Somehow they need to get the price of their stock up," says James Ellman, a hedge fund manager at Seacliff Capital. "If they don't they are in for a lot of big problems...
...they had to mark all of their loans down to what they would be worth, there would be no equity left in the company," says Ellman...
...break the negative feedback loop," says Seacliff's James Ellman...
Harvard dominated the competition, with three-game wins in all but one match. Hall posted the only perfect win, 9-0, 9-0, 9-0, against Clare Whipple, who took the regular spot of Eph No. 1 Adrienne Ellman, absent with a back injury...