Word: frasers
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...Gist:Who knew beef was so powerful? According to this new pair of bovine books, the cow has greatly influenced the history of America (says Fussell) and the history of, oh, all of human history (claim Rimas and Fraser). Fussell, a vigorous and delightful writer, focuses her laser-sharp observations on the American West, while Rimas and Fraser are a little rangier, spanning from prehistory to the present and from Argentina to Africa...
...prolonged downturn, it will become an issue," says Andrew Goodwin, a senior economist at Oxford Economics, who nonetheless believes that while "there is a concern about dependency, financial services have done well historically." At the Guildhall, which is where the City administration is based, policy head Stuart Fraser is bracing for a slump as severe as the one in the early '90s, when house prices collapsed and unemployment soared. Still, he adds, "It's like the aircraft industry. A plane will crash occasionally but what you don't do is stop flying...
...doms" - wealthy foreigners who move to Britain and are taxed only on their U.K. income. Following last month's rescues of HBOS and Bradford & Bingley, the big question now is what sort of new regulatory measures will be put in place as a result of the current market meltdown. Fraser, the City's policy head, is hoping that any changes will be peripheral. "We'd be in much greater danger if financial services accounted for just 3% of the economy," he says. "Politicians recognize it as an important industry and are sensitive to the issues...
Braced for Pain This isn't the first crisis London has lived through, and it won't be the last. At his Guildhall office, policy chief Fraser talks about his 45 years of experience in the City and says, "You just have to sit it out. It recovers." But he acknowledges that "it's a painful process and we are only at the beginning." The impact won't be felt across the board, either. Barring a financial cataclysm, London will retain its position as Europe's preeminent financial center for players from around the world. Some wealth management may migrate...
...ready to step up and play,” McCafferty said. “The most important thing for us right now is to work with each and every one of them and see who’s ready to step up in game time. [Senior co-captain Jimmy Fraser], myself, and the coaches couldn’t be happier with them. There’s no doubting they’ll step up this season, but right now none of us can say just who that’s going to be.”—Staff...