Word: funds
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...rules and regulations - by Nov. 20, they will take effect before Bush leaves office and can likely only be undone by a new Administration. "It will be a lasting challenge for the policymakers who will take the helm," says Vickie Patton, the deputy general counsel for the Environmental Defense Fund...
...hard to imagine a better time to publish a book that advocates moderation, balance and integrity in the business world. In this wise meditation, Bogle, the folk-hero creator of the first index mutual fund and founder of the Vanguard Mutual Fund Group, deplores "our worship of wealth and the growing corruption of our professional ethics but ultimately the subversion of our character and values." Directly in his sights: CEOs and hedge-fund managers who draw "obscene" compensation. At this time of plunging portfolios, it is a relief to be told that "enough" is within reach...
...investment adviser and the author of Against the Gods: The Remarkable Story of Risk. "We've been down this particular road before." Indeed, we have. After every other trauma--the 1987 stock-market crash, the savings-and-loan crisis, the meltdown of the Long-Term Capital Management hedge fund--boisterous, unchecked risk-taking eventually rushed back in. "In times like this, people do listen to risk managers," says John Hull, professor of derivatives and risk management at the University of Toronto. "The problem is, times will become good again, and then you listen to the trader who is making...
...They get bitter. They cling to guns or religion or antipathy to people who aren't like them.' BARACK OBAMA, on rural working-class voters. A blogger recorded the comment during a San Francisco fund raiser that excluded the press...
...want to thank the Phillips Brooks House Association for all the help that they provided us, including the wonderful reception after the memorial service. We really appreciate PBHA’s establishment of the Peter Wei Cai Memorial Scholarship Fund. Peter loved PBHA and what it is stood for. He was immensely dedicated to the Harvard Emergency Medical Serivces program, and worked incredibly hard to arrange not only more affordable classes for students, but also social gatherings to get to know his peers at HEMS better and more personally. He also loved teaching English as a Second Language so much...