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...month that "a growing emphasis on mathematical modeling has rendered much of the risk-management debate and research incomprehensible to those outside the finance function and the financial services industry." The upshot, they say, is that corporate managers who aren't already experts at risk aren't prepared to factor it into their decisions...

Author: /time Magazine | Title: Will Business Schools Learn from Wall Street's Crisis? | 9/21/2008 | See Source »

...moreover, even if valuations in the U.S. financial sector get more appealing should the market rout intensify, there's another factor in play: governments in East Asia and the Gulf want their funds to help domestic companies, not foreigners. On Thursday, for example, Beijing's CIC announced it would make investments in three of China's biggest commercial banks - Industrial and Commercial Bank of China, Bank of China and China Construction Bank - that themselves are getting hurt by an economic slowdown and a real estate slump at home. "This is a significant policy initiative aimed at supporting China's leading...

Author: /time Magazine | Title: Why China Won't Come to the Rescue | 9/19/2008 | See Source »

...blocked BC 16-14. Freshman middle blocker Annie Ingersoll fronted the squad’s defensive efforts by denying the Eagles seven times. Harvard also one-upped the Eagles in attack percentage, 0.206 to .199. “I don’t think there was one [deciding factor],” junior co-captain Katherine Kocurek said. “So many different things that happened at different points.” Kocurek played in all four games, contributing a set and 11 digs. The fourth set provided the Crimson with perhaps its best chance to claim a second...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: Harvard Drops Fourth to Eagles | 9/17/2008 | See Source »

...Race is the elephant in the room of the 2008 campaign. In West Virginia's primary, one out of every four Hillary Clinton voters actually admitted to pollsters that race was a factor in their vote; that may be an Appalachian outlier, but even in New Jersey, Pennsylvania and Ohio the figure was a troubling 1 in 10. It's a tribute to America's racial progress that a biracial man born before Jim Crow died could come this close to the presidency, but if you believe that contemporary America is color-blind, you probably also believe the Georgia Congressman...

Author: /time Magazine | Title: For Obama, Race Remains Elephant in the Room | 9/15/2008 | See Source »

...financial aid” six times in its first five paragraphs. Grassley has recently toned down his legislative threats as schools have posted lower returns amidst a market downturn. Earlier this week, Grassley spokeswoman Jill Gerber said endowment performance in tough market conditions would be a key factor in determining whether the senator would push legislation to mandate a five-percent rate. Harvard’s healthy 8.6 percent gain, while significantly lower than in recent years, left the endowment larger than last year in real terms, even after the record payout. —Staff writer Clifford M. Marks...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERS | Title: $1.6B In Spending; Short of 5 Percent Payout Goal | 9/12/2008 | See Source »

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