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Morgan, on the other hand, estimated the most it could lose on its daily trading desk on any given day was $114 million, or less than half of what Goldman could lose. And Morgan is in the process of eliminating nearly all of the trading it does for its own account, which means how much it risks in the market each day should continue to drop...
...sort and compartmentalize all the information about swine flu will probably determine whether you take it seriously, ignore it or begin freebasing hand sanitizer to get through the day. As with all viruses, influenza's only function is to replicate itself. It makes you sneeze so it can infect a new host and reproduce. When it encounters resistance, it changes. For the brain, this is maddening: How do we capture a threat that routinely escapes from one box and reappears in another...
...other hand, while his message was warranted, Obama might want to rethink the way he communicated it. Because President Obama campaigned so vigorously on a message of change, it is particularly off-putting to see him engaging in backroom deals that are more closely tied to old politics than to President Obama’s promised politics of the future...
...skepticism about offering anything for free during a recession. “With the economic downturn, what better time than now to impact the community in a positive way,” Gardner said. McConnell and Gardner are equally emphatic in their perception of business and education as working hand-in-hand. “Social entrepreneurship is huge,” said McConnell, who added that running a business in conjunction with non-profit tutoring is “a natural fit.” Mark Greenstein, founder and director of an entirely for-profit SAT preparation program...
Through countless hand sanitizers, instructions on keeping clean, and other proactive measures, the university has been making a concerted and visible effort to keep students and the campus clean over the first few weeks of school. These efforts are necessary and will hopefully pay dividends if flu affects a large swath of campus later this fall. When labor groups attacks the university for its hygiene standards, they are making the mistake of criticizing a program that is both comprehensive and wise...