Word: fair
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...Fair-value accounting, also known as mark-to-market accounting, requires banks to price assets on their balance sheets according to what you can sell them for on the open market. Seems logical enough. But how do you mark to market when the market is effectively shut down...
Originally, Fahmy had no plans to go into fashion. The daughter of a cotton trader, she became an illustrator for Egyptian government publications after graduating from art school. At a book fair in Cairo in 1969, she came across a volume on medieval European jewelry. The book sparked a painful memory of Fahmy's widowed mother, who once had to sell her wedding jewelry to make ends meet. That memory prompted Fahmy to turn her skills to jewelry, and she set out to learn the trade from a craftsman in a cramped and dirty workshop of the Cairo souk. Macdonald...
President Barack Obama isn't as great as he thinks he is. To be fair, neither were Presidents Bush or Clinton - or Washington or Lincoln, for that matter. The same can be said for every general who ever commanded an army or every boss who ever ran an office. The fact is, if there's one thing that defines people in powerful positions, it's that they overestimate what they can do with that power...
After retiring, Zeckhauser said she plans to pursue personal interests and hobbies, including volunteering at a public service program in the fair-weathered South and spending time with her grandchildren...
While the Cambridge weather gods appear to be wavering in their decision to bestow spring upon us, the Harvard sailing team showed over the weekend that it is more than ready for the blue skies and, more importantly, the fair waters of the year’s second season. Competing in its first event since mid-November, the Crimson took advantage of an unseasonably pleasant weekend here in Cambridge to claim second place at the Sharpe Trophy Team Race on the Charles River. “The weather was great” sophomore Grace Charles said...