Word: folds
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Dates: during 2000-2009
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...total funds last year, the industry is on the brink of a brutal contraction as customers - rich investors, university endowments and pensions funds that make up the bulk of hedge funds' clientele - rush to withdraw their investments. Some analysts predict that a quarter of all hedge funds could fold by the end of the year. Stephen Brown, an economist at New York University's Stern School of Business, says the final toll could be much higher. "I'd say 50% of funds will close," he says. Factor in likely new government regulation, and the industry looks set for a profound...
...team’s de facto leaders quite some time ago, they now have an official responsibility to bring a small and varied group together. Not only does the team welcome two new freshmen, it also faces the need to bring its group of five sophomores into the fold. With nary a junior to assume leadership next season, Delaney-Smith’s underclassmen will have to grow up—and quickly...
...these designers since it’s so unexpected.” What started as an intriguing idea between two friends eventually became a full-blown student-run charity fashion show that features designs by fashion professionals and Parsons graduates. Parent says his objectives for the event are three-fold. “The first goal is to promote Asian and Asian-American designers and their talent. There are a lot of talented, young, smaller designers that don’t get enough recognition,” he says. “We also want to raise money...
...after the turn of the century, though, the housing boom began to spin out of control. As incomes and employment in Ireland rose, cheap credit and tax incentives fueled a buying frenzy that pushed up both prices and housing stock: the cost of an average house rose almost three-fold in the decade through 2006, while some 40% of the country's housing was built in the last decade, according to Brian Devine, an economist at Dublin-based stockbrokers NCB. At the Grange, a swish 11-acre (4.5 ha) development in Dublin, realtors sold 15 luxury apartments a week even...
...Voice’s headquarters. Got a zany idea about what makes Harvard students “tick”? Have you ever written a LiveJournal entry? Great: Let’s send it to press. Don’t mind the titles cut off by the fold of the page; did you notice we’re wearing sunglasses...