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Merrill Lynch, which has also lost a lot of money and a CEO lately, followed a similar path. But Merrill at least began pulling back this year. Not Citi. "As long as the music is playing, you've got to get up and dance," Prince told the Financial Times in July in a quote that will follow him to his grave. "We're still dancing...
...holding almost $135 billion in securities for which there are no observable market prices--meaning that their valuation is determined by guesstimation--and is involved with another $167 billion in off-the-books CDOs and special investment vehicles. The normally mild-mannered stock and credit analysts who follow the firm reacted with downgrades and criticism--their main complaint being that Citi had been so slow in fessing up to problems that they fear more to come...
Young Frankenstein Broadway's Hilton Theatre; opened Nov. 8Can lightning strike twice? Plenty of sparks fly in Young Frankenstein, Mel Brooks' follow-up to his big hit The Producers. But this time the gags are lamer, the songs (again by Brooks) more generic, and there's no Nathan Lane--though the monster's big moment, doing Puttin' on the Ritz in top hat and wails, almost saves the show. Almost...
...generate positive change. The tangible results that the BSA helped to achieve show the impact that all student groups, not just the political ones, can have when they devote their attention to local activism. We commend the BSA for its accomplishment, and hope to see other student groups follow their example...
...bulk of the expenses for the vast majority of UC-funded parties.In addition, the new agreement is not a particularly meaningful assertion of UC autonomy. While the College is no longer officially telling the UC how to allocate its resources, this is only because the UC willingly consented to follow the College’s demands. And though the compromise promises to set up a new grievance procedure involving Faculty Council arbitration for future disputes between the UC and the College, it is difficult to conceive of a situation in which the Faculty of Arts and Sciences?...