Word: expert
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...invests it in something with low risk and of short duration, like commercial paper. The lender is exposed to some risk, but it usually isn't catastrophic. However, AIG took the collateral and invested in longer-term, higher-risk mortgage- and asset-backed securities. "Crap," as a portfolio lending expert describes them. When those securities crashed in value...
...trading book by $1.1 trillion. Which raises the question, Does he really need those $165 million bonus babies to finish the job? AIG says yes, because they know the trades and the system, but not everyone agrees. "This is an engineering problem," says Rick Bookstaber, a risk expert and the author of A Demon of Our Own Design, which predicted the predicament we're in. "Right now there are probably a million guys out there...
...funny how many different ways you can react to that clip. I even read something by a marketing expert who said, "Louis CK is on to something. We have to figure out how we can to get consumers to really appreciate our product; there's no brand value anymore." Does that surprise you? That even the marketing industry's like...
...organized sports," says Jasper Shealy, a professor emeritus at the Rochester Institute of Technology and a sports-injury expert who has published more than 100 papers on the subject, "the practice had been for players with a head injury to sit on the bench for a little while and, once they felt better, to go back...
...Elior's theory has landed like a bombshell in the cloistered world of biblical scholarship. James Charlesworth, director of the Dead Sea Scrolls project at Princeton Theological Seminary and an expert on Josephus, says it is not unusual that the word Essenes does not appear in the scrolls. "It's a foreign label," he tells TIME. "When they refer to themselves, it's as 'men of holiness' or 'sons of light.' " Charlesworth contends that at least eight scholars in antiquity refer to the Essenes. One proof of Essene authorship of the Dead Sea Scrolls, he says, is the large number...