Word: funds
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...economy in the first nine months of 2008 grew at the slowest pace in 15 years. Most of the G-7 economies have already experienced one quarter of negative growth and will likely experience a recession. Small emerging economies are under serious strain as they seek International Monetary Fund bailouts...
...banking problems caused by the sub-prime mess, but as the global economy slows and credit dries up, there's plenty to cry about. Many of the region's capitals borrowed heavily to fuel the boom, and those bills are coming due. On Oct. 26, the International Monetary Fund (IMF) announced a $16.5 billion bailout for Ukraine, to prevent a run on its banks and shore up its currency. Three days later, the IMF agreed with the World Bank and the European Union on a $25 billion rescue package to restore confidence in Hungary, which had seen its currency plunge...
...chairman of the House Democratic Caucus has been described as a profane, hyperactive attack dog - and his supporters argue that this steamrolling personality would make him an effective, formidable gatekeeper to the Oval Office. Emanuel's lengthy political background and knowledge of individual lawmakers - not to mention his fund-raising prowess - don't hurt either. (Read "Who Will Be Obama's Pick For Treasury Secretary...
...endowment, or just under $4.8 billion. University spokesman John D. Longbrake declined to confirm the sale when asked about the Private Equity Week report last week, citing a standing Harvard policy not to “discuss investment strategies or individual investments.” Several Boston-area hedge funds that received substantial initial investments from Harvard—including ex-HMC chief Jack R. Meyer’s Convexity Capital Management—also declined to comment at the time on any action HMC may be taking to sell investments it has with them. Private equity has traditionally been...
Most of all, Salter repeatedly praised McCain, a man for whom he has worked for 19 years, and for whom he has boundless respect. He recalled traveling with McCain to Iowa and New Hampshire after his campaign collapsed in 2007 under the weight of mismanagement and poor fund-raising. "There was nothing except a mental and emotional confidence - this is what I set out to do, and I will do this. And if I fail, I fail - but no one will tell me I failed until I have," Salter said. "That must be kind of a glimpse of a kind...