Word: firming
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...large salary differences, doubts about future opportunities within the public sector, and ineffective government recruiting. For example, private companies extend job offers far more speedily than the federal government, which can often taken nine months to conclude the recruiting process, Ellwood said. The mere weeks a private firm like McKinsey takes to make an offer can push graduates toward the private sector. And McKinsey can also pay a larger salary, Ellwood added. “We have to do better than that if we really want the best,” he said. Ellwood has been focusing on public service...
...endowment and high returns have traditionally allowed it to borrow heavily.“One hundred percent debt financing is very aggressive both on the part of the developer and the lender,” says Victor Calanog, director of research at Reis, Inc., a commercial real estate research firm. “It basically assumes that your capacity to pay won’t be encumbered in any way—either because you’re very assured of your income streams, or you’re confident about a project being completed very quickly or on-time...
...Risk, which, unlike Black-Scholes, was born of the demands of the trading floor.VaR projects the maximum loss a company will suffer in a given day assuming typical market conditions, such as 95 or 99 percent of the time. Senior management can then control the risks assumed by the firm by directing traders to increase or decrease the VaR, depending on the company’s appetite for risk.But VaR modeling does not describe events that occur the other 1 percent of the time. In the New York Times best-seller “The Black Swan: The Impact...
...Republicans could instead boost their popularity by tolerating different ideas within the party, abandoning the practice of labeling and excluding all those who do not embrace every item of their platform. Immigration, taxes and abortion cannot all be easily resolved with a firm “no.” How about taxing things we want less of (pollution) and decreasing payroll taxes accordingly, making adoption easier, and promoting a realistic sex education...
...neglect classes. The word “camp” also implies a fixed space, which quite accurately describes that few of us leave campus as frequently as we all agree would be beneficial for our health. The term “Harvard bubble” has gained a firm place in our vocabulary for this reason...