Word: hardding
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...informational nightmare," says Andrew Lo, director of MIT's Laboratory for Financial Engineering. "It's very hard to collect all the information you need to figure out what these things are worth...
...look at Jupiter shows how hard that can be. Jupiter owns 223 other mortgage bonds. One of those bonds is Mantoloking, which in turn owns 126 other bonds. Not done yet. Mantoloking's mortgage bonds own hundreds of other mortgage bonds. Those mortgage bonds are then all made up of thousands of actual loans, some of which may be current, while others may have expired. Go figure...
...actually think about what we want to do with our lives—and by that I mean more than the first job after graduation. The financial crisis should serve as an opportunity for every undergraduate at the College to ponder their life goals, their ambitions, and the hard truths of economic reality. If we can do that, then the rest of the process should be a piece of cake...
...part of his open and informal approach to teaching. He says that developing a personal connection with students can help to prevent students from feeling overwhelmed in large lectures. “I think these courses are very hard—the typical student works very hard. They are stressed and oftentimes pushed to the limit. It can be difficult for students to feel comfortable asking questions, and engaging in discussion,” Knill said. “I stripped once for a demonstration,” he said. “I think it relaxes everyone...
...Poliak ’11 who went on the Harvard Hillel trip last spring. If it wasn’t for the soldiers’ presence, said Poliak, “it would just be a group of American Jews in an isolated bubble and it would be hard for anyone to penetrate that bubble.” Poliak said he was so inspired by these soldiers that he took to doing 60 push-ups a day after seeing them do their daily 300.Because Israeli citizens are required to join the army for a minimum of two years when they...