Word: financees
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As Paulson himself acknowledged about the plan, it's "not a silver bullet." And there are lingering concerns that, while the freeze may calm roiled mortgage markets for a time, it may merely delay the inevitable bottoming out of real estate prices. "The sooner we face reality and be done...
Faust said that a few themes have emerged in her conversations with students. She said many have told her that they feel pressured to take jobs in finance, for instance, and added that she will be thinking about ways to make sure students feel free to pursue careers that they...
The investment by Abu Dhabi, part of the United Arab Emirates, also marked a turning point of sorts for sovereign wealth funds (SWFs). These enormous pools of wealth, controlled by governments in countries that have been getting fat off high oil prices and a booming global economy, are viewed skeptically...
With governments becoming more adventurous in the way they invest their surplus wealth, investors ought to "rejoice at the impetus the SWFs will provide to continued growth in global asset markets," says Alex Patelis, head of international economics at Merrill Lynch. But countries on the receiving end of such largesse...
The Center for Public Leadership at the Kennedy School of Government will establish a new program in social justice leadership using a $20 million gift from the estate of television mogul and philanthropist Alan L. Gleitsman, the school plans to announce today. The gift is the largest single gift in...