Word: initiales
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Dates: during 2000-2009
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Larson left HMC in 2004 with a $500 million initial investment from Harvard to start his own hedge fund, Sowood Capital Management. But Sowood collapsed in 2007 due to heavily leveraged investments in corporate debt—making national headlines as one of the first high-profile hedge fund implosions...
Mack says that while the initial severance package offered to her by Harvard was scant and restrictive—Margolis’ letter to Summers and Levine says it consisted of little more than a bonus she had received before the incident—she reached a more acceptable settlement...
DIW, the economic-research institute, suggests that the banks sell the toxic assets to the federal government at no charge. In exchange, the government would then provide the banks with equity by taking stakes in banks that participate. The toxic assets would be placed in a state-owned bad bank...
Burning boats on Housing Night may not be one of Harvard’s most historic traditions, but try telling that to the scores of freshmen who experienced a police crackdown in the recent Housing Day “Quad boat incident.” For several years, freshmen students...
Eyewitnesses told reporters that the attackers approached the premises from four directions, moving in groups of three or four. The attackers began hurling grenades before shooting the trainees on sight. Local television footage later showed bloodied bodies of uniformed trainees lying on the parade ground. Survivors of the initial assault...