Word: firm
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...There are many examples of great partnerships where university endowments have invested, such as Sequoia Capital, a venture firm, and Bain Capital, a buyout firm...
Over the decades, the firm has survived its share of crises, including the Long-Term Capital Management hedge-fund blowup in 1998 that cost Goldman $1 billion. But the lessons learned and applied may be why the company isn't neck-deep in blood today. As ambitious as its cutthroat competitors, Goldman didn't go completely mad during the past decade when it came to, say, overleveraging itself or overvaluing dicey assets...
...increased consumption of luxury goods and services that were once largely unaffordable in China--from cars to Louis Vuitton pocketbooks. According to Euromonitor International, from 2005 to January of last year, China's middle class grew 24%, from 64.4 million to 80 million. The London-based business-intelligence-research firm projects that strong economic growth could push the figure as high as 700 million...
...done a really good job at coming to terms with how to manage. Our weaknesses 25 years ago led to strength. We're much stronger as a result of our struggles," says Mike Anselmo, regional manager of PNC Financial, a dominant bank in the area. Anselmo's firm is a case in point. Unlike so many larger banks that got tangled in the subprime scam, PNC Financial avoided exposure to derivatives or combustible mortgages. Now PNC is building the first office tower to go up in downtown Pittsburgh in 20 years. There's also a new hockey arena being built...
...Weinberg exclaimed when he heard the news of Chalife’s Nobel prize. Now a trial lawyer at a law firm in Northampton, Mass., Weinberg said after a pensive pause that he did not remember Chalfie as a scientist during their time together at the College...