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...complaints about the prevalence of so-called "naked" short selling: that is, selling shares that you don't actually have in hand, and have not made arrangements to have. Naked shorting allows traders to potentially manipulate stocks. The SEC is also considering an emergency order forcing hedge funds, which employ short selling as part of their trading styles, that have a $100 million portfolio to report their short positions daily. The implicit threat is, We will know who you are. (Long positions are already known by the SEC.) Also on Thursday Britain said it will ban all short selling...
...With this increased budget, OCS should encourage more employers outside of the finance and consulting sectors to host on-campus recruitment meetings. Hosting industry-wide conferences—in conjunction with recruitment meetings—might provide companies with a financial incentive to come to Harvard. Second, while students ultimately must find their own jobs, OCS can and should “advertise” Harvard students to the job market. One way they could do this would be to create an online tool similar to the one used by On-Campus Recruiting that puts student resumes...
...Mexico's cactus diversity attracts the interest of international markets and collectors who employ illegal tactics to obtain wild-collected specimens of desirable species, some of which may be newly named to science, rare, or threatened with extinction," according to a World Wildlife Fund study authored by Rolando Barcenas Luna of the Autonomous University of Queretaro, Mexico. Barcenas and Terry are members of a team of biologists currently mapping several threatened cactus species through DNA sampling, but their project is often stymied by growing threats to the plants from illegal harvesting and destruction by drug traffickers. There are almost...
...Today, the Electric City - named after an early network of trolley cars - is in the midst of a fairly successful reinvention. Nearly $400 million has been or is being invested in projects around the city, including a new medical school that Doherty says will employ 1,000 people. The city web site boasts about recent infusions into its downtown from companies like drug maker Sanofi Pasteur, which now occupies space in a former Woolworth department store. Last year, the Yankees moved its AAA farm team here from Columbus, Ohio; in May, Money magazine named Scranton one of the ten fastest...
...From almost the earliest days of their personal and professional partnership, Barack Obama's political aspirations have guided Michelle's path. At the end of the summer of 1989, Obama was an intern at Sidley Austin, a prestigious Chicago law firm that also happened to employ a young intellectual-property lawyer and Harvard Law grad named Michelle Robinson. Obama was offered a permanent job at Sidley, though senior partner Newton Minow wasn't surprised when he turned the firm down; the two had often discussed the intern's political plans, and Minow had pledged to help Obama in his pursuit...