Word: exchangee
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Shanghai has always prospered as China's gateway to the world. While Beijing may boast millenniums of history, Shanghai owes its prominence to having served as a key trading port for colonial powers. As China accelerated market reforms in the 1990s, the country's first stock exchange was established in...
John McCain didn't parse any words last week when he called for the firing of Securities and Exchange Commission (SEC) chairman Christopher Cox. The Republican nominee's choice of words may have been more direct than others - and more misguided, since the president can't technically fire the SEC...
French companies on France's CAC 40 exchange posted cumulative profits last year of $133 billion, attesting to the efficient, globalized nature of the nation's businesses. When it emerged last January that accused rogue trader Jérôme Kerviel had allegedly cost his employer, Sociét...
In a classic vignette from Annie Hall, Woody Allen recalls a farcical episode from his childhood where his mother drags him in to see a psychiatrist, convinced that her son is suffering from depression because he’s stopped doing his homework. A nebbishy but precocious nine year-old...
Though Harvard’s endowment has posted strong returns amid the global financial crisis, the University’s finances may still be affected by the frozen credit markets. Harvard had issued more than $1.5 billion in variable-rate bonds as of the end of the 2007 fiscal year...