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...Although the rupiah could suddenly weaken against the dollar and shave off a significant chunk of a trader's profit, "If your carrying spread is wide enough, you'll comfortably take the currency risk," says Johanna Chua, chief economist with Citigroup in Asia. In fact, Chua says, the dollar carry trade has become so widespread among traders in Asia it has even triggered buying of more exotic and illiquid currencies like the Sri Lankan rupee. "That's the ultimate carry trade," Chua says...
...There's no small amount of irony in the fact that Wikipedia's efforts to reduce errors and misinformation have been clouded by misinformation. Or you might say that's par for the course: On the Web, we get to the truth in fits and starts - but eventually, as on Wikipedia, the real facts seep...
...original version of the Sept. 30 news article "Student Life Fund May Be Redirected" incorrectly referred to Jordan F. Bock ’10 as the Adams House HoCo co-chair. In fact, Bock is the HoCo co-chair of Leverett House...
...fact that Dwight Powell is even considering joining the Crimson is an accomplishment in its own right for Amaker and his staff. The 6’10”, 205 lb Canadian native is a Scout.com four-star recruit, ranked consistently among the top dozen centers in the nation, and has drawn attention from UCLA...
House is BACK. But he’s not the same. He’s not the same narcissist he used to be. No scathing comments. In fact, FlyBy doesn’t know whether we like him as much as we used...