Word: fixedness
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There has been little definitive discussion of the actual benefits of the Treasury's new program that will fund the purchase of toxic assets from banks using federal money, and then allowing private money managers to purchase and trade this paper. There has only been speculation about the outcome, and...
Before the subprime mess began, no one talked about the danger that mortgage derivatives posed to banks. Now, there is not much talk about what could bring the banking industry to its knees again. That talk has gone away and been replaced by a childish hopefulness that decades of overleveraging...
But occasionally, there are those titans who do away with tradition and help shape history. One of Harvard’s greatest figures was President Eliot, who governed the University from 1869 to 1909. He expanded the student body and eliminated the College’s fixed curriculum of Latin...
But occasionally, there are those titans who do away with tradition and help shape history. One of Harvard’s greatest figures was President Eliot, who governed the University from 1869 to 1909. He expanded the student body and eliminated the College’s fixed curriculum of Latin...
Although the suspension, as originally announced, was intended to last for only two years until the housing crisis—the supposed reason for the halt—was fixed, the College has since changed its position and “suspended indefinitely” the program. The admissions website...