Word: highests
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...CDOs, Strata is a so-called single tranche CDO. Most CDOs own hundreds of millions of dollars of loans. Those loans are pooled together and then various bonds are sold based on the portfolio. But all the bonds are not the same. They are stacked based on risk. The highest tranche bond gets paid its dividends based on the first loan payments that come in the door. Bonds at the bottom of the stack get paid last, which means those investments are wiped out first if borrowers fail to pay back their loans. Those bonds have the highest risk...
...governing body. Pritzker, an heiress to the Hyatt dynasty, is the founder and CEO of Hyatt Classic Residence, and was named as one of the wealthiest people in the United States by Forbes Magazine. Pritzker served on the Board of Overseers, the University’s second highest governing body, for a six-year term that began in 2002. The Economic Recovery Advisory Board, which Obama first announced in Nov. 2008, will be headed by former Federal Reserve Chairman Paul A. Volcker. Volcker’s supporting cast is a collection of premier economists from academia and Washington, as well...
...recent losses in the endowment, HMC has drawn renewed criticism from some alumni, who called for the University to withdraw the multi-million dollar bonuses paid to top managers in a letter to University President Drew G. Faust. Former endowment chief Mohamed A. El-Erian and his five highest-paid associates received a total of $26.8 million in compensation for the year ending last June. In 2003, the same group of alumni from the College’s class of 1969 led a charge to reduce what they saw as exorbitant compensation, ultimately contributing to the departure of several...
...according to University administrators interviewed this weekend. Earlier expectations had been for a flat payout—or the same dollar amount in endowment income as last year—a School of Public Health spokesperson wrote in an e-mail. The Harvard Corporation, the University’s highest governing board, has yet to set next year’s endowment payout rate—a figure generally announced in December—leaving schools to plan their budgets without definitive numbers while decisionmakers attempt to get a better idea of market conditions. Though the Corporation is meeting today...
...popular with his ex-colleagues, may help win backing for the bill from House Dems upset over the loss of funding for their projects. Obama will also hit the road to sell the stimulus, visiting Elkhart, Ind., and Fort Myers, Fla., early next week. Elkhart has one of the highest unemployment rates in the country - at, 15.3%, dramatically up from 4.7% a year ago. Fort Myers has an unemployment rate...