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...intern, of course, wasn't the only one who was risking the firm's dollars. McDonald, himself a relatively junior trader, had a Lehman-funded trading account of $450 million. In the years leading up to the financial crisis, Lehman Brothers built up huge positions in real estate, derivatives and bonds. That all came crashing down in the fall of 2008, when the tumbling housing market and rising mortgage defaults caused the credit markets to seize up. In all, Lehman lost more than $32 billion from proprietary trading and principal transactions during the year and a half leading...
...understand that you've had your brain scanned with an MRI and it has an unusual structure that reflects all this visual activity. A. I have this great, big, huge Internet trunkline into the visual cortex that's twice the size of the [normal] controls. But I want to emphasize that not everyone on the autism spectrum is a visual thinker. Some are mathematic-patterns kinds of thinkers. Some are word people. People on the spectrum tend to be specialist thinkers - good at one thing and bad at others. (See six tips for traveling with an autistic child...
Scott Brown of Massachusetts was sworn into the U.S. Senate on Thursday, having overcome huge disadvantages in fundraising, familiarity and party ID in his race last month against state attorney general Martha Coakley...
Sample tweet: Willy Dalrymple's Jaipur Literary Festival was a joy. A huge crowd, a palatial setting, perfect weather and all the curry I could...
...don’t see it as arts against the sciences,” he added. “Fostering collaboration is crucial. A huge amount of support for the arts has actually come from the sciences. When you think about it, there’s a lot of tinkering with materials and making in the sciences that is more analogous to art practice than, say, writing a humanities paper...