Word: forwardness
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...became clearer that the U.S. housing market was in an asset bubble, line managers could often see how slapdash the standards being employed were. But with compensation aligned with metrics like revenue and market share, and not risk mitigation, the forward push continued. When managers did articulate problems, they were often ignored. In August 2007, one of Merrill Lynch's top risk managers warned his boss that a decision to wager $3 billion on indexes of mortgage-related securities was too risky. The firm made the bet anyway; three months later, the risk manager left. "The psychology during a boom...
...Dingman asked incredulously. Hammonds posed questions to students as she furrowed her eyebrows at the screen and crossed her arms, deep in concentration. “Okay guys, is it going to be an early night or a late night?” she asked. Dingman craned his neck forward at the screen as he tried to attach a patriotic pin to his jacket lapel. “For the rest of your life, you’ll remember where you were, what happened,” Dingman said. “No matter what, this is just an historic...
After losing its first Ancient Eight conference game 1-0 last Saturday to Dartmouth, the Harvard men’s soccer team looked to rebound from the heartbreaking loss. Even with senior All-American forward and co-captain Mike Fucito out with a hip injury, the Crimson (10-4) found just the right cure by decisively defeating and shutting out a struggling Maine soccer team (5-10-2) 2-0 yesterday in Orono, Maine. “To show that we could win without him really boosted our confidence,” co-captain Luke Sager said. While this nonconference...
...economically disadvantaged—people use Spare Change to make a difference for themselves, instead of being helped by others. As the nation dives deeper into economic crisis, it may be difficult to maintain institutions like Spare Change. HEP relies more upon contributions than sales for publication. Going forward, these contributions will inevitably decline—as HEP Operations Director Randal Eck said, “If you just got laid off, would I really expect you to give me the $500 you gave last year? No.” On top of this hardship, the paper?...
...president said that the organization has a three-part plan to move forward. Its members will intellectually reassess the state of the Republican party, campaign to support conservative values, and try foster a stronger sense of community among members of the Harvard right...